315 Locust Street

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Address: 315 Locust St, Allison, IA 50602, USA
Chicago & Midwest + 2-4 Units
Created date: August 21, 2026
Date last updated: October 4, 2026
Price: $45,000Investment Analyzer NEW!

Property Description

Investor Alert! Opportunity is knocking at 315 Locust St. in Allison! This side-by-side, all-brick duplex is ready for an investor looking for a project with strong potential. Both units are currently vacant, giving you the flexibility to renovate, rent, and create a cash-flowing investment property. One side features 2 bedrooms and 1 bathroom, while the other offers 4 bedrooms and 2 bathrooms. The property includes a full basement and a detached 2-stall garage, all conveniently located in town. This property does need a significant amount of TLC, but with the right vision and updates, there is an excellent opportunity to add value and turn this into a great income-producing property. Bring your tools, ideas, and investment strategy-this one is worth a look!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $45,000
No. of Units: 2
Year Built: 1939
Opportunity Zone: No
Price per unit: $22,500
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 315 Locust Street, Allison, IA 50602, USA
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Step 3Final Deal Analysis

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