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416 1st Street Colesburg, IA 52035 • Multi Unit - Multiple • ACTIVE

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Description

Investment opportunity meets comfortable living in this well-maintained triplex! Featuring two main-level units and one spacious lower-level unit, each offering 2 bedrooms and 2 bathrooms, this property provides strong rental potential. The lower-level unit stands out with its attached 2-car garage and has been owner-occupied since purchase. The two upper units are currently rented by one tenant, offering streamlined management and consistent income. All three units feature fresh, updated interiors along with their own patio or deck space-perfect for enjoying the outdoors. The property also offers a low-maintenance yard, making upkeep simple and efficient. Conveniently located on the same street as the Edgewood-Colesburg Elementary School, this property combines a desirable location with solid investment appeal. With numerous updates already completed, this is a turnkey opportunity you won't want to miss!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Delaware
High School: Ed-Co
Listed By:
EXIT Realty Driftless Group 319-231-9037 Kayla Aulwes
ECIMLS

Units

Unit: 1
Bedrooms: 2
Baths: 1
Unit: 2
Bedrooms: 2
Baths: 1
Rent: 300
Unit: 3
Bedrooms: 2
Baths: 2
Rent: 300
$185,000
Est. $1,244/mo
2cars
ACTIVE
BEDS0 BATHS MLS#154258
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple
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Agent Name: Melissa Zell
 Agent Phone: (717) 574-0835
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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416 1st Street, Colesburg, IA 52035.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $185,000$185,000$185,000
Down Payment $37,000$6,475$46,250
Monthly Mortgage Amount $887$1,089$1,134
Taxes $257$257$257
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$81$0
Monthly Estimated Total $1,244$1,527$1,491

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 11:06:39 AM EST) or MRED MLS (last updated Thu 04/09/2026 11:01:32 AM EST) or SCWMLS (last updated Thu 04/09/2026 10:59:57 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/09/2026 10:15:55 AM EST) or Cedar Rapids MLS (last updated Thu 04/09/2026 11:04:26 AM EST) or NEIRBR MLS (last updated Thu 04/09/2026 10:59:44 AM EST) or ICAAR MLS (last updated Thu 04/09/2026 10:57:53 AM EST) or ECIMLS (last updated Thu 04/09/2026 11:04:35 AM EST) or RMLSA (last updated Thu 04/09/2026 11:01:08 AM EST) or Muscatine MLS (last updated Thu 04/09/2026 11:00:41 AM EST) or No Coast MLS (last updated Thu 04/09/2026 11:04:52 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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