306 S 5th Street
Guthrie Center, IA 50115
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Bed
0
Bath
7,440Sqft
0.58Acre(Lot)
Investment Property for Sale - Income producing 6-unit apartment building in Guthrie Center. Each unit offers 2 bedrooms, 1 full bath, open concept, deck or patio, lower-level storage and access to a detached 6-stall garage, with each tenant assigned one garage stall. The property also provides ample additional parking. Great location! Minutes away from downtown Guthrie Center, walking trail, ACGC schools and ballfields. Perfect opportunity for investors looking for cash flow and long-term appreciation. Apartment building is 100% full with a strong rental history over the years. Call the listing agent today to receive a income, and expense spreadsheet.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Carpet, Vinyl -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Cooktop, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Hot Water Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1977 Building Area Total: 7440 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 100X254 Main Square Feet: 0.58 Acres Lot Size Acres: 0.58 Lot Size Square Feet: 25400 Lot Description: Rectangular Lot
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Listing Price Information
Listing Price: $375000 Original Price: $395000 Cash, Conventional
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Tax Information
Parcel Number: 0001165200 Tax Year: 2025 Annual Tax: $5536 Tax Legal Desc: 06 79 31 N 170.46' S 370.46' W 254' OF L 3 SW SE (EX S 70')
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Parking Information
Detached, GarageGarage Information
Has Garage: Yes Garage Space: 1Homeowners Association InformationIncluded Fees: Maintenance Grounds, Snow Removal, Trash
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: Hwy 25 and 44 Intersection- South on 25 to Subject Property WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1026 44 Highway, Guthrie Center, IA, 50115 | $269,999 | 2 | 2 | 1,592 | 0.95 Acre |
| 303 S 12th Street, Guthrie Center, IA, 50115 | $599,000 | 4 | 4 | 2,694 | 2.83 Acres |
| 1004 Prairie Street, Guthrie Center, IA, 50115 | $225,000 | 3 | 2 | 1,722 | 0.33 Acre |
| 201 N 10th Street, Guthrie Center, IA, 50115 | $260,000 | 2 | 1 | 1,254 | 0.18 Acre |
| 805 Grand Street, Guthrie Center, IA, 50115 | $121,500 | 2 | 1 | 844 | 0.46 Acre |
| 307 N 7th Street, Guthrie Center, IA, 50115 | $289,900 | 3 | 2 | 1,806 | 0.21 Acre |
| 402 North Street, Guthrie Center, IA, 50115 | $199,000 | 3 | 3 | 1,397 | 0.18 Acre |
| 307 Ordway Street, Guthrie Center, IA, 50115 | $184,900 | 3 | 2 | 1,707 | 0.36 Acre |
| 305 Park Avenue, Guthrie Center, IA, 50115 | $150,000 | 2 | 1 | 1,008 | -- |
| 1026 44 Highway, Guthrie Center, IA, 50115 | $259,999 | 2 | 2 | 1,592 | 2.16 Acres |
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 10/09/2026 @ 19:16
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