1415 5th Street

Boone, IA
$ 40,000 Beds 2 Baths 1 Sq 854
Monthly Estimate* How much can I afford?

INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.

Single Family

  • Price
  • $ 40,000
  • City
  • Boone
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • Boone
  • Half Bathrooms
  • 0
  • Area
  • Boone
  • Lot Size
  • Zip
  • 50036
  • Sqr Footage
  • 854
  • Year Built
  • 1905
  • Taxes
  • $ 1031
  • Style
  • MLS#
  • 748928
Listed By: Keller Williams Realty GDM
Data Source: Des Moines Area AOR (DMAAR)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ames, IA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/9/2026 Listed $40,000

Property vs Zip Code Average in 50036

Price
AVG $240K
$40K
Taxes
AVG $2,867
$1,031
Year Built
AVG 1932
1905

Areas That We Cover

1415 5th Street Boone, IA is a Single Family Home for sale at $40000 with 854 sqft and a lot size of Acre(s). 1415 5th Street Boone has 2 bedrooms, 1 baths and was built in 1905. The property's zip code is 50036 which is in Boone, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Your Agent
Rebecca Hedlund

Rebecca Hedlund

515-373-7056

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