404 Third Street

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Address: 404 3rd St, Clearfield, IA 50840, USA
Chicago & Midwest + Apartment Buildings
Created date: July 29, 2026
Date last updated: October 5, 2026
Price: $130,000Investment Analyzer NEW!

Property Description

Preferred Properties presents a new investment opportunity in Clearfield! Expand your portfolio with this income-producing property featuring three separate manufactured homes situated on a shared lot, providing multiple rental income streams from a single property. Each home offers 2 bedrooms and 1 bathroom, making them attractive options for tenants seeking comfortable, affordable living. Unit 1 has been enhanced with modern updates, including an updated bathroom and newer flooring. The property has a strong history of generating rental income and is well-equipped for tenant convenience, with private parking available for each unit. The shared yard maintains the practicality and efficiency of a multi-unit investment. Whether you're looking to add to your existing portfolio or purchase your first income property, this established rental offers immediate investment potential in Southwest Iowa.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $130,000
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 404 Third Street, Clearfield, IA 50840, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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