101 Kelly's Court
Forest City, IA 50436
15
Bed
12
Bath
4,100Sqft
INVESTOR ALERT! What an opportunity!! This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside. Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience. With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 15Bathroom Information
Total Baths: 12 Full Baths: 0 Half Baths: 0Water/Sewer
Water Source: City Water/Connected Sewer: City Sewer/Connected -
Kitchen Information
Kitchen: Kitchen -
Cooling Features
Has cooling CentralHeating Source
Has Heating Forced Air,Natural Gas
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Building Information
Built Year: 1985 Basement: Slab -
Exterior Features
Brick/Stone,Vinyl
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Lot Information
Dimensions: per abstract -
Property Information
Type: Other (see remarks) City: Forest City State: IA Directions: gps takes you to property Property Status: Active
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Listing Price Information
Original List Price: $725,000 Price Per SQFT: $177
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Tax Information
Annual Tax: $0 Tax Year: 2025
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Parking Information
Parking: Uncovered/Open,Driveway - Concrete,Paved Lot,Storage
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School Information
Elementary School District: 2295 - Forest City High School District: 2295 - Forest City Middle School District: 2295 - Forest City
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3150 Taylor Avenue, Forest City, IA, 50436 | $776,900 | 3 | 3 | 3,801 | 3,801 SqFt |
| 335 E L Street, Forest City, IA, 50436 | $64,900 | 1 | 1 | 424 | 424 SqFt |
| 1026 Pleasant Street, Forest City, IA, 50436 | $271,900 | 4 | 2 | 2,653 | 2,653 SqFt |
| 215 N 4th Street, Forest City, IA, 50436 | $65,000 | 1 | 1 | 696 | 696 SqFt |
| 425 S 4th Street, Forest City, IA, 50436 | $185,000 | 3 | 3 | 2,097 | 2,097 SqFt |
| 505 S 4th St, Forest City, IA, 50436 | $289,000 | 3 | 4 | 3,255 | 3,255 SqFt |
| 945 S 4th Street, Forest City, IA, 50436 | $298,500 | 3 | 2 | 1,056 | 1,056 SqFt |
| 646 S Clark Street, Forest City, IA, 50436 | $193,000 | 4 | 3 | 1,802 | 1,802 SqFt |
| 235 W L Street, Forest City, IA, 50436 | $199,950 | 2 | 3 | 1,200 | 1,200 SqFt |
| 716 N 7th Street, Forest City, IA, 50436 | $145,000 | 3 | 2 | 1,165 | 1,165 SqFt |
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All listings featuring the "Iowa AOR" as the source are provided by "Iowa AOR - IAMLS". This information is not verified for authenticity or accuracy and is not guaranteed.
ByOwner last updated this listing 06/12/2026 @ 04:47
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