431 5th Ave S, Unit 17

Clinton, IA 52732

$645,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building exterior - Updated common area fire detection system - Units 1 - 5 completely refinished Landlord pays water,...An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building exterior - Updated common area fire detection system - Units 1 - 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request
  1. Listed by Dennis • Coldwell Banker Howes & Jefferies REALTORS
    P: (563)-242-3265 C: (563)-503-9663 dennis.lauver@howesandjefferies.com

Property Details for 431 5th Avenue South, Unit 17

Area
Clinton
Air Conditioning Type
Window Unit(s)
LISTING UPDATED: 01/08/2026 11:23 AM

Property Details for 431 5th Avenue South, Unit 17

StatusActive
MLS #4255612
Days on Market507
Taxes$9,751 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+
Year Built1916
Lot Size0.39 AC / 16,800 SF
CountyClinton County

Location

Listing Courtesy of Coldwell Banker Howes & Jefferies REALTORS
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Building Information for 431 5th Avenue South, Unit 17

Stories-Residences17Year Built1916Building Size-Lot Size0.39 AC / 16,800 SF

Payment Calculator

$3,956 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,144

Property Taxes

$813

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 431 5th Avenue South, Unit 17

General Information
Location and General Information
  • Frontage Type: Paved
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Separate Meters
  • # Of Window/Ac: 0
  • Num of Baths: 0.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 120 x 140
  • Construction: Brick
  • Building Area Total: 7687
Property and Assessments
  • Buyer Financing: Cash, Conventional
  • Documents Available: Legal-Description
  • Public Document Count: 2
  • Property Offered: For Sale Only
  • Photos Count: 27
Virtual Tour/Additional Media
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 17
Income & Expenses
  • Electric Expense: $2,400.00
  • Fuel Expense: $741.00
  • Gross Income: $.00
  • Maintenance Expense: $21,240.00
  • Annual Misc Income: 0
  • Net Operating Income: -$70,569.00
  • Operating Expense: $60,818.00
  • Trash Expense: $212.00
  • Water Sewer Expense: $11,621.00

Property History for 431 5th Avenue South, Unit 17

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Price Change

MRED #4255612

$645,000
Aug 20, 2024

Listed (Active)

MRED #4255612

$715,000
Aug 19, 2024

Cancelled

RMLS ALLIANCE #QC4255612

$645,000
DateEvent & SourcePrice
12/17/2025

Price Change

MRED #4255612

$645,000
08/20/2024

Listed (Active)

MRED #4255612

$715,000
08/19/2024

Cancelled

RMLS ALLIANCE #QC4255612

$645,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 431 5th Avenue South, Unit 17

This home is within Clinton Community School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Clinton Middle School
Public6 to 8

Clinton High School
Public9 to 12

Prince Of Peace Catholic School
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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431 5th Avenue South, Unit 17 is a multi-family home for sale in Clinton, IA 52732. This property was listed for sale on August 20, 2024 by Coldwell Banker Howes & Jefferies REALTORS, it's currently listed at $645,000. This listing's school district is Clinton Community School District. Nearby schools include Jefferson Elementary School, Clinton Middle School and Clinton High School. 431 5th Avenue South, Unit 17 is a 0-bed, 0-bath, multi-family home built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Howes & Jefferies REALTORS

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/08/2026 11:23 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.