SoldApr 28, 2026

Bought with Julie Egli

Source: Des Moines Area Association of REALTORS #736256

918 Smith St, Woodburn, IA, 50275

$150,000

4
4
2520 sq. ft.
16867 sq. ft.

Other

20 days on the market

Sold: Apr 28, 2026

What's around 918 Smith St

About this property

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.

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