1521 S G Avenue
Nevada, IA 50201
1
Bed
33
Bath
16,594Sqft
2.05Acres(Lot)
Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 33-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager’s apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community. Broker has a financial interest.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 33 Full Baths: 33Room Information
Basement: Crawl Space -
Roofing Information
Asphalt, Shingle -
Interior Features
See Remarks Roof: Asphalt, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, See Remarks
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Building Information
Year Built: 1997 Building Area Total: 16594 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Main Square Feet: 2.05 Acres Lot Size Acres: 2.05 Lot Size Square Feet: 89416 Lot Description: Irregular Lot
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Listing Price Information
Listing Price: $2100000 Cash, Conventional
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Tax Information
Parcel Number: 11-17-116-125 Tax Year: 2024 Annual Tax: $19466 Tax Legal Desc: SOUTH G AVENUE BUSINESS PARK 1ST ADD LOT 1 EX PARCEL C SLIDE 348 PG 1
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Location Information
Direction: From I35 take Hwy 30 exit and head E. Take exit 158/19th St and continue onto South G Avenue. Property is on the N side of the road. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 719 15th Street Place, Nevada, IA, 50201 | $289,500 | 2 | 2 | 1,661 | 1,661 SqFt |
| 719 15th Street Place, Nevada, IA, 50201 | $289,500 | 2 | 2 | 1,181 | 1,181 SqFt |
| 1220 15th Street, Nevada, IA, 50201 | $158,000 | 2 | 1 | 984 | 984 SqFt |
| 720 S 13th Street, Nevada, IA, 50201 | $234,900 | 2 | 1 | 1,188 | 1,188 SqFt |
| 720 S 13th Street, Nevada, IA, 50201 | $234,900 | 2 | 1 | 900 | 900 SqFt |
| 1032 C Avenue, Nevada, IA, 50201 | $187,500 | 4 | 2 | 1,310 | 1,310 SqFt |
| 405 10th Street, Nevada, IA, 50201 | $255,000 | 3 | 2 | 2,400 | 2,400 SqFt |
| 1204 9th Street, Nevada, IA, 50201 | $180,000 | 5 | 2 | 2,465 | 2,465 SqFt |
| 621 6th Street, Nevada, IA, 50201 | $339,900 | 4 | 2 | 2,992 | 2,992 SqFt |
| 621 6th Street, Nevada, IA, 50201 | $339,900 | 4 | 2 | 2,992 | 2,992 SqFt |
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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 07/27/2026 @ 17:15
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