305 N 2ND Street

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Address: 305 N 2nd St, Council Bluffs, IA 51503, USA
Chicago & Midwest + 2-4 Units
Created date: October 31, 2026
Date last updated: October 31, 2026
Price: $275,000Investment Analyzer NEW!

Property Description

Well-kept 3-unit investment property with $82,000+ in improvements since 2022: new roof (2025), HVAC (2022), upper windows (2024), mini-split AC (2026) and water heaters. Remodeled upper unit: 2 bed, 1 bath, gas range and dishwasher; currently operates as a furnished mid-term rental on monthly leases, furniture included. Main-level 2 bed, 1 bath with large eat-in kitchen, front porch and a 10+ year tenant. Lower-level studio with breakfast bar, sitting room and large laundry/storage room. Each unit has its own kitchen, bath and laundry. Recently passed city inspection. Rents total $2,880/mo ($34,560/yr); main and lower units are month-to-month. Built c. 1900 on a 0.20-acre lot with 1-car garage, off-street parking and storage shed.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $275,000
No. of Units: 3
Year Built: 1900
Lot Size: 3,303.00 Sq ft
Opportunity Zone: No
Price per unit: $91,667
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 0
Address: 305 N 2ND Street, COUNCIL BLUFFS, IA 51503, USA
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