Fantastic Fourplex Investment Property in the heart of Waukee next to the historic Triangle Park! Four spacious two-bedroom units with full bathrooms. Unit #1 has been completely renovated. Additional income through laundry room and tenants pay heat and electricity. Tenant parking spaces on west side of building.
Sold for $450,000
$450,000
265 5th St, Waukee, IA 50263
8beds
4,128sqft
Multi Family, Apartment
Built in 1978
-- sqft lot
$-- Zestimate®
$109/sqft
$1,732 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,732/mo
Zestimate® history
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$2,947/mo
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Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 01:49pm
Listed by:
Sean Manning (515)639-9998,
Simply Better Realty, LLC
Bought with:
Stephanie Thomas
RE/MAX Concepts
Source: DMMLS,MLS#: 716757
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total structure area: 4,128
- Total interior livable area: 4,128 sqft
Property
Lot
- Size: 0.29 Acres
Details
- Parcel number: 1233129005
- Zoning: MR R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Location
- Region: Waukee
Other
Other facts
- Listing terms: Cash
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2025 | Sold | $450,000-6.2%$109/sqft |
Source:  DMMLS #716757 Report a problem | ||
| 5/6/2025 | Pending sale | $479,900$116/sqft |
Source: DMMLS #716757 Report a problem | ||
| 4/30/2025 | Listed for sale | $479,900+113.3%$116/sqft |
Source: DMMLS #716757 Report a problem | ||
| 8/14/2020 | Sold | $225,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,708 +1.6% | $366,060 +9% |
| 2024 | $5,620 -2.3% | $335,920 |
| 2023 | $5,750 -3.6% | $335,920 +13.5% |
Find assessor info on the county website
Neighborhood: 50263
Nearby schools
GreatSchools rating
- 7/10Waukee Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Waukee South Middle SchoolGrades: 6-7Distance: 2 mi
- 7/10Waukee Senior High SchoolGrades: 10-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Waukee
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Dallas County
- Waukee
- 50263
- 265 5th St