918 Smith St

Woodburn IA 50275

2520 sq. ft.

16867 sq. ft.

Other

Last sold for $150,000

Ben Nichols, last sold this property on 28 April 2026 after 46 days on market.

Overview

Rare Investment Opportunity: Turnkey 4-Unit Ranch in Woodburn, Iowa Attention investors! Discover the perfect "high-yield, low-entry" addition to your portfolio. Situated in the quiet community of Woodburn, just 10 minutes east of Osceola and I-35, this well-maintained four-plex offers immediate cash flow with a history of strong occupancy and low overhead. Smart Layout: This ranch-style building features four identical 1-bedroom, 1-bathroom units. The single-story design is highly attractive to long-term tenants seeking easy accessibility and no stairs. Solid Construction: Built in 1977 on a durable slab foundation, the exterior features a low-maintenance brick and frame combination. Investor Details: Income: Unit 1: $500, Unit 2: $625, Unit 3: $625, Unit 4: $600, Coin operated laundry: $125 Expense: Water: $125, common area electric: $120, trash: $38 Highlights: No rental inspections, some recent window upgrades, one completely remodeled unit. All information obtained from seller or public record.

Features

4 bedrooms

4 bathrooms

2520 sq. ft. floor area

16867 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 4 bedroom other properties sold in Woodburn over the last 12 months.

Property history for 918 Smith St

2026

Sold

$150,000

28 Apr 2026 by Ben Nichols, of RE/MAX Precision | Marshalltown

2024

Sold

$102,500

12 Apr 2024 by Seth Walker, of RE/MAX Real Estate Group

2018

Sold

$59,000

01 May 2018 by Lisa Pierce, of Summit Realty

Happy sellers in Woodburn

We have insufficient information to provide an overview of customer satisfaction for Woodburn. Viewing the agent profiles, reviews and sales for Woodburn can provide insights for this location.