1511 5th Street

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.

Legal: W 45' OF E 90' OF LOTS 6 & 7 BLOCK 171 NW NW

Status: Active

Property Information

748920

$60,000

Sale

Residential

Ranch

Residential

1511 5th Street

Boone

Boone

IA

50036

2

840

1

1

1

Unfinished

840

Carport, Detached, Garage, O

1

Boone

1575.73

1884

Boone

Features

Ranch

Dryer, Refrigerator, Stove, Washer

Utilities

ForcedAir, Gas, NaturalGas

Public

PublicSewer

CentralAir

No

Miscellaneous

Asbestos, WoodSiding

Listed By

Keller Williams Realty GDM, Kala Yamen (515.205.2171)

Mortgage Calculator

MLS #748920
MLS #748920
MLS #748920
WORK WITH US HOME VALUATION
Agency Iowa - Licensed In Iowa Each Office Independently Owned And Operated.

Agency Iowa

Licensed In Iowa Each Office Independently Owned And Operated.

Ask About this Property #748920

MARKET WATCH

Open House(712)
New Construction(1345)
New Listing(462)
Price Adjustment(253)
Price Decreased(2910)

Share This Listings

Subscribe To Our Newsletter

The newsletter is sent periodically and will update you on the latest real estate news and offers.

UNcomplicated Mortgages

Start in under 60 seconds with Joe Hayhoe!

Apply Now

Contact Us

mark@agencyiowa.com

Agency Iowa
1551 SW Prairie Trail Pkwy
Ankeny, IA 50023
Licensed in Iowa. Each Office Independently Owned and Operated.
Copyright © 2025 Agency Iowa. All Rights Reserved.Real Estate IDX/RETS Website by Lead City
This Residential property at 1511 5th Street (MLS # 748920) is located in Boone, IA. Listed on AGENCY IOWA Real Estate, this Residential home is priced at $60,000. This 2 bedroom property in Boone at 1511 5th Street offers 840 sqft, 1 bathrooms, and was built in 1884. Whether you're looking for new listings in Boone or specifically on 1511 5th Street, you'll find all the market statistics and community information you need here.

Information is deemed to be reliable, but is not guaranteed. © 2026 . The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.