MLS # 725311 - 1121 & 1127 Parkway Drive, Boone, IA 50036

$650,000

MLS# 725311
Bedrooms 16
Bathrooms 8
Total Sq.ft 826
Property Type Multi-Family
Year Built 1979

Property Description

Exceptional investment opportunity in Boone! This well-maintained 8-unit multifamily property at 1121 & 1127 Parkway Drive offers a strong rental history and desirable location. Each building features spacious apartments with functional layouts, garage, parking, and tenant-friendly amenities. Situated in a quiet residential neighborhood with convenient access to schools, shopping, and major roadways, this property attracts long-term renters and delivers steady cash flow. Whether you're adding to your portfolio or making your first multifamily purchase, this turnkey asset is a solid choice with upside potential.

Legal: WEST PARK TERRACE LOT 3 UNIT 1,2,3&4 SW NE AND WEST PARK TERRACE LOT 1, 2, 3 &4 (EX S 10') UNIT 1 SW NE

Status: Active

Property Information

MLS Number 725311
List Price $650,000
Address 1121 & 1127 Parkway Drive
Area Boone
City Boone
County Boone
State IA
Category Sale
Property Type MultiFamily
Sqft 826
Total Garages 4
Garage Type Detached, Garage
Directions Driving N of HWY 30 on Story St take left (W) on Crestwood Dr to Parkway Dr. Turn north (right) and buildings are on the left (W) side of the street.
Days On Market 17
Year Built 1979
Total Bathrooms 8
Total Bedrooms 16
Zip 50036

LISTED BY

Realty ONE Group Impact, Marija Balac (515.999.0730)

Property Location

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