802 5th Durant, IA 52747 • Commercial - Business • Active $250,000

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New - 27 Hours Ago

Description

Well Restored Historic Building on a corner lot in Durant with a 10 space parking lot. The main level currently has one commercial occupant with a triple net lease and the 2nd level has Two 1 Bedrooms apartments. Lease income: $27,000 less 1/2 Property Tax of $3,468 , less 1/2 Insurance of $2,500, less $800 annual common area electricity. Net Income: $23,216. Utilities are separated, apartment leases are month to month and commercial lease is good trough 10/01/2027. This is an excellent investment opportunity that is meticulously kept with good rental history. The main level has 2 separate entrances and could house another business

Property Highlights

Property Type: Commercial - Business

Building Description: 2.0 stories

Year Built: 1890

General Information

County: Cedar

Listed By:

FIRST CHOICE REAL ESTATE (563) 732-2600

Muscatine MLS

MLS ID: 26-222

$250,000

Est. $1,631/mo

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Shown By

Bob Kelly
(563) 650-2168

New to the Market Active

SQUARE FEET3,600 MLS#26-222

STATUSActive PROPERTY TYPECommercial - Business

TOUR PROPERTY

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Shown By

Bob Kelly
(563) 650-2168

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802 5th, Durant, IA 52747.

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Loan Type	30 Year Fixed	FHA 30 Year Fixed	15 Year Fixed
Purchase Price	$250,000	$250,000	$250,000
Down Payment	$50,000	$8,750	$62,500
Monthly Mortgage Amount	$1,183	$1,472	$1,520
Taxes	$348	$348	$348
Insurance	$100	$100	$100
HOA/Dues/Fees	$0	$0	$0
Monthly Mortage Insurance	$0	$110	$0
Monthly Estimated Total	$1,631	$2,030	$1,968

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Iowa/Durant

Durant

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802 5th Durant, IA 52747 • Commercial - Business • Active

$250,000

Est. $1,631/mo

Calculate Mortgage

Save Map Get In Touch

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 04/23/2026. The listing information on this page last changed on 04/23/2026. 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 04/23/2026 10:56:04 AM EST) or MRED MLS (last updated Thu 04/23/2026 10:47:24 AM EST) or SCWMLS (last updated Thu 04/23/2026 10:51:17 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/23/2026 10:15:23 AM EST) or Cedar Rapids MLS (last updated Thu 04/23/2026 10:54:22 AM EST) or NEIRBR MLS (last updated Thu 04/23/2026 10:52:04 AM EST) or ICAAR MLS (last updated Thu 04/23/2026 10:48:00 AM EST) or ECIMLS (last updated Thu 04/23/2026 10:52:32 AM EST) or RMLSA (last updated Thu 04/23/2026 10:51:35 AM EST) or Muscatine MLS (last updated Thu 04/23/2026 10:45:43 AM EST) or No Coast MLS (last updated Thu 04/23/2026 10:44:59 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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