1204 5th Street

Nevada, IA
$ 395,000 Beds 4 Baths 2.5 Sq 6,940
Monthly Estimate* How much can I afford?

Opportunity awaits at 1204 5th Street in Nevada, a unique and versatile property offering an incredible amount of space and possibilities in a highly visible location along Lincoln Highway. With nearly 6,800 square feet of finished space amongst all levels, multiple residential units, extensive garage space, and ample concrete parking, this property presents an exciting opportunity for an investor, business owner, or someone looking for a truly one-of-a-kind property. The expansive main level features a beautiful open wood staircase, accessible restroom, and flexible space that could accommodate a variety of office, retail, or other uses. Upstairs, the second level features two 2-bedroom apartments, providing an opportunity for rental income while utilizing the main level for another purpose. Both apartments have benefited from significant updates. The second floor also includes a shared laundry area and one unit has access to a rooftop deck. The property also includes a large finished basement with approximately 1,100 finished square feet, providing even more usable space for storage, operations, recreation, or other needs. Garage and parking space are another major highlight. The property features an approximately 1,000-square-foot attached garage with three overhead doors, along with an additional 525-square-foot detached garage. Combined with plenty of concrete parking, there is plenty of room for vehicles, equipment, tenants, etc.

Active

  • Price
  • $ 395,000
  • City
  • Nevada
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • STORY
  • Half Bathrooms
  • 1
  • Area
  • Story
  • Lot Size
  • 0.39 Acres
  • Zip
  • 50201
  • Sqr Footage
  • 6,940
  • Year Built
  • 1900
  • Taxes
  • $ 4140
  • Style
  • MLS#
  • 6342043
Listed By: RE/MAX Concepts
Data Source: Iowa Association of REALTORS®

Features

General

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Shingle
Zoning Residential-Single Family
Garage Spaces 6
Construction Materials Brick,Vinyl Siding
Year Built 1900
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Story
Property Type Residential
Contingency None
Subdivision Name STEWARTS ADD
Full Baths 2
Status Active
Directions .
Lot Size Units Acres
Lot Size Square Feet 16988
Tax Annual Amount 4140
Living Area Units Square Feet
Standard Status Active
PostalCity Nevada
Legal Description STEWARTS ADD LOTS 8 & 9 BLK E
AttributionContact 515-291-7900

Interior Features

Basement Partially Finished
Flooring Carpet,Hardwood,Vinyl
Half Baths 1
Total Bedrooms 4
Below Grade Finished Area 1143
Total Baths 3

Exterior Features

Parking Features Attached,Detached Garage
Water Source Public
Lot Dimensions 120X140
Lot Size Acres 0.39

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

8/26/2026 Listed $395,000

Property vs Zip Code Average in 50201

Price
AVG $290K
$400K
Taxes
AVG $3,062
$4,140
Year Built
AVG 1945
1900
Visits
AVG 4
1
Data Provided by Inside Real Estate®

Areas That We Cover

1204 5th Street Nevada, IA is a Single Family Home for sale at $395000 with 6940 sqft and a lot size of 0.39 Acres Acre(s). 1204 5th Street Nevada has 4 bedrooms, 2 baths and was built in 1900. The property's zip code is 50201 which is in Nevada, 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.

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Michael Jenkins

Michael Jenkins

515-373-7056

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