Listing #18554 - 0.45 acres in IA

New Listing

Norwalk, IA
0.45 Acres M/L

1330, 1336, 1342, & 1348 E 28th St.
Norwalk, IA 50211

Price	$1,160,000
Listing	#18554

RESIDENTIAL & LAND AGENT

Kalen Ludwig

Office: 515.222.1347
Mobile: 515.402.3169
Kalen@PeoplesCompany.com

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RESIDENTIAL & LAND AGENT

Keaton Dreher

Office: 515.222.1347
Mobile: 515.650.1276
Keaton@PeoplesCompany.com

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Property Info

Description

This newly constructed 3-plex offers an excellent investment opportunity with three well-designed, 1,645 SF units. Each 2-story unit includes 3 bedrooms, 2.5 baths, and an attached 2-car garage. The main floor features an open layout with Quartz countertops, tile backsplash, island, corner pantry, stainless steel appliances, and luxury vinyl plank flooring. Upstairs, enjoy a spacious primary suite with private bath and walk-in closet, two additional bedrooms, full bath, and laundry. The property includes private patios, backyard space, and low HOA dues of $165/month covering snow removal, lawn care, exterior maintenance, and insurance. A 5-year partial tax abatement further supports cash flow, and CenturyLink internet is ready for tenant setup. Seller is also willing to secure tenants and rent out units if the buyer prefers—a comparable unit is currently leasing for $2,050/month. Contact us for more details.

Legal Description

NORWALK THE GREENS AT WARRIOR RUN PLAT 1 LOT 25, 26, 27, & 28

Directions

From Hwy 28, Go east on North Ave/G-14, Turn north/Left on 80th Ave, Turn east/right on E 28th Street into The Greens at Warrior Run Community!

Covenants

See Attachments.

Appliances

Dishwasher, Microwave, Stove - Per Unit

Sign On Property: Yes
MLS Number: 724359
Parcel Number: 63348010250, 63348010260, 63348010270, 63348010280
School District: Norwalk
General Area: Norwalk
Net Taxes: $8.00
Gross Taxes: $7.48
Style: Two Story
Lot Size: 19,095 SF
Lot Dimensions: 145 x 159
Water: City
Sewer: City
Zoning: R-3
Bedrooms: 3 Per Unit
Full Bathrooms: 1 Per Unit
Half Bathrooms: 1 Per Unit
Three Quarter Bathrooms: 1 Per Unit
Garages: 2 Car Attached Per Unit
Stories: 2 Per Unit
Basement: Unfinished, Egress Window
Year Built: 2025
Heating: Electric Forced Air
Living Area Square Feet: 1,645 SF Per Unit
Basement Square Feet: 719 SF Per Unit
Roof: Asphalt Shingle
Exterior: Vinyl
Foundation: Poured Concrete

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