#2500700, Travis Gaule, Listing Office: SKOGMAN REALTY
58/66 Northwood Dr Unit 1, 2, 3, 4 Hiawatha, IA 52233
Property details
About 58/66 Northwood Dr Unit 1, 2, 3, 4
Investor Alert! Bring your tools—and your best and highest offer! These two buildings (eight units total), priced well below market value, include six two-bedroom units currently rented at $800 per month, one three-bedroom unit at $1,000, and one one-bedroom unit at $700 per month. While the properties could use some TLC, they present a strong investment opportunity for those looking to add value and maximize returns. Located in a desirable area with strong rental demand, this property offers steady cash flow and potential for appreciation and rent increases. Please allow 24 hours' notice for all showings. Don’t miss out on this income-generating asset—schedule a viewing today! Properties can be purchased separately, but the best value comes from buying them together. Buyer to verify lot size and Sq Ft.
Highlights
Summary
- Parking: Parking Space(s)
- Heating: Electric
- Cooling: Wall/Window Unit(s)
- List Price: $480,000
- Price/SqFt: $138
- Year Built: 1980
- Living Area: 3,468 SqFt
- Lot Size: 0.181 Acres
- MLS Number: 2503305
- MLS Name: CDR
- Office Name: SKOGMAN REALTY
- Office Phone: (319) 366-6427
- Office Email: cskogman@skogman.com
- Listing Agent: Maggie Druger
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 8:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$480,000
58/66 Northwood Dr Unit 1, 2, 3, 4
$5,700
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Nixon Elementary
Public District PK-5
0.1 mi
•200 Nixon Dr
5
Hiawatha Elementary
Public District KG-5
0.6 mi
•603 Emmons St
3
Pierce Elementary
Public District KG-5
1.4 mi
•4343 Marilyn Dr NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,563. Typical income of Hiawatha, IA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 58/66 Northwood Dr Unit 1, 2, 3, 4 in Hiawatha, IA and zip code 52233. This 3,468 square foot home, which was built in 1980, sits on a 0.18 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $480,000.
Over 0 listings were sold over their listed price in April 2025 in Hiawatha, IA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. In April 2025 in Hiawatha, IA there were 1.8% less homes for sale than in March. The median list price of listings available in April 2025 was $244,750, while the average time on the real estate market was 11 days.