PRICE IMPROVED
FOR SALE BY OWNER
318 W Main Street
West Branch, Iowa 52358
$225,000
RARE DUPLEX BACKING TO HERBERT HOOVER NATIONAL HISTORIC SITE
Opportunity knocks with this unique income-producing duplex in the heart of West Branch. Situated on a 0.17-acre lot and backing directly to the Herbert Hoover National Historic Site, this property combines small-town charm, rental income, and a location that is difficult to replicate.
Whether you are an investor seeking dependable cash flow or a homeowner looking to offset your mortgage by renting one unit, this property offers exceptional flexibility and value.
PROPERTY FEATURES
• Approximately 2,125 finished square feet
• Upper Unit: 3 Bedrooms, 3 Bathrooms (approximately 1,309 sq. ft.)
• Lower Unit: 2 Bedrooms, 1 Bathroom Walkout Apartment (approximately 816 sq. ft.)
• Total: 5 Bedrooms, 4 Bathrooms
• Originally built in 1899
• Lower-level apartment addition completed in the 1980s
• New windows installed in 2022
• Roof replaced within the last 5 years
• Separate electric meters
• Established rental history
• Low property taxes (approximately $2,150 annually)
INCOME POTENTIAL
Currently generating approximately $1,800 per month in rental income, or approximately $21,600 annually. This property offers immediate income potential with room for future appreciation.
LOCATION HIGHLIGHTS
• Backs directly to the Herbert Hoover National Historic Site
• Walking distance to downtown West Branch
• Close to schools, parks, restaurants, and local businesses
• Convenient access to Interstate 80
• Easy commute to Iowa City, Coralville, Cedar Rapids, and surrounding communities
WHY THIS PROPERTY STANDS OUT
The upper unit's rare 3-bedroom, 3-bathroom layout is uncommon in comparable duplex properties and offers exceptional appeal for families, professionals, or owner-occupants. Combined with the lower-level walkout apartment, the property provides flexibility for investors, house hackers, and multi-generational living arrangements.
Offered at $225,000
Shown by appointment only.
Rental information and additional financial details available upon request.