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$2,200,000
48 Days On Site

2121 Greene Street
Adel, IA 50003

For Sale|Residential Income|Active
33
Beds
24
Total Baths
24
Full Baths
1984
Built
County:
Dallas

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(641) 780-4373
2121 Greene Street2121 Greene Street2121 Greene Street2121 Greene Street
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Investment Opportunity in Adel, IA. This 24-unit multifamily property offers a balanced mix of 12 two-bedroom units, 9 one-bedroom units, and 3 studio apartments. Each residence features a full bathroom along with essential appliances including stove, refrigerator, microwave, and dishwasher (dishwasher not included in studios). Approximately 50% of the units have been fully renovated with modern upgrades—new flooring, fresh paint, updated trim, enhanced lighting, stylish kitchen cabinetry, and updated appliances. On-site coined laundry adds convenience for residents. With its prime location and strong rental mix, this property presents an excellent opportunity for investors seeking both immediate income and long-term growth potential.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
48 Days
Bedrooms 
33
Inside Area (SqFt) 
N/A
Total Baths 
24
Full Baths 
24
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1984
MLS® Number 
726452
Status 
Active
Property Tax 
$26,550
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Foundation 
Slab
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Utilities 
Electricity AvailableNatural Gas AvailableWater Available
Water Source 
Public
Zoning 
Multi
Interior Features
Cooling 
Central Air
Flooring 
Carpet
Heating 
Natural GasForced Air
Laundry Features 
Main LevelUpper Level
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Exterior Features
Construction Details 
BrickVinyl Siding
Roof 
AsphaltShingle
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Adel
Roads 
Concrete
School District 
Adel-Desoto-Minburn
Schools
School District
Adel-Desoto-Minburn
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXIT Realty & Associates



Listing information is provided by Participants of the Des Moines Area Association of Realtors. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025, Des Moines Area Association of Realtors.
Last checked: 2025-11-05 09:25 AM UTC

Neighborhood & Commute
Source: Walkscore
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