Eric Elam

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501 & 503 IOWA AvenueESSEX, IA 51638

Single Family · 3 Beds · 7,069 Sq. ft.
$385,000 Active

501 & 503 IOWA Avenue Overview

Time on Site:
123 days
Visits:
8

Don't miss this rare chance to own a versatile, income-producing property all in one package. Multi-use commercial property featuring a bar, kitchen area, warehouse space, and residential living quarters all in one location. The main level includes a bar setup with fixtures and equipment in place. Attached warehouse provides additional storage, workspace, or business expansion potential with flexible layout options.Above the warehouse is a 3-bedroom, 1-bath apartment offering on-site living accommodations or rental income opportunity. Separate entrances allow flexibility for owner-occupancy or investment use.Property presents strong potential for entrepreneurs or investors seeking a mixed-use opportunity with multiple revenue possibilities. Zoned Commercial & Residential

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501 & 503 IOWA Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 7,069
  • Price/Sq.ft. $54

Details

General

Association/HOA

  • Association Fee: $0.00
  • Association: No

School Information

  • School District: Essex
  • Elementary School: Other
  • Middle Or Junior School: Other
  • High School: Other

Listing Information

  • Auction: No
  • Bank Owned?: No

Building Information

  • New Construction: No
  • Year Built: 1922

Location/Region

  • County Or Parish: PAGE
  • Located City/County: City
  • MLS Area Major: 14C
  • Subdivision Name: Not Applicable

Tax Information

  • Tax Annual Amount: $2,626.47
  • Tax Year: 2024

General Information

  • Property Sub Type: Single Family Residence
  • Property Type: A
  • Services: Electrical,Public Water,Public Sidewalks,Public Sewer,Gas

Interior

Parking Information

  • Garage: No Features
  • Garage Type: None

Beds/Baths

  • Bathrooms Total: 1.00
  • Bedrooms Total: 3
  • Baths Above Grade: 1
  • Baths Below Grade: None
  • Bedrooms Abv Grd: 3
  • Bedrooms Blw Grd: None

Building Interior

  • Above Grade Finished Area: 7069.00
  • Basement: None
  • Dining Facilities: KIT/DR Combo,Other,LR/DR Combo
  • Hot Water Heater: Gas
  • Kitchen Features: Dishwasher,Refrigerator,Vent Fan,Microwave,Electric Range
  • Laundry: 2nd Level,Main Floor
  • Lower/Tri Level: Other
  • Main Level: Other
  • Second Level: Baths,Other,Primary Bedroom,Other Bedrooms,Living Room,Kitchen,Dining

General Information

  • Basement: None
  • Cooling: Central Air, Other, Electric
  • Fireplace Features: Other
  • Heating: Forced Air, Natural Gas
  • Interior Features: Ceiling Fan(s), Smoke Alarms, High Speed Internet
  • Living Area: 7069.00
  • Stories: 2.0

Exterior

Lot Information

  • Lot Features: Concrete Road
  • Lot Size Area: Under 1/4 Acre
  • Lot Size Dimensions: .16

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Construction Materials: Brick
  • Roof: Flat, Other

General Information

  • Exterior Features: Fence, Patio, Other, Handicap Accessible
  • Other Structures: None

Room Information

Room: Bathroom

  • Level: U
  • Area: 93.46
  • Dimensions: 12.33 x 7.58
  • Length: 12.33
  • Width: 7.58

Room: Bedroom 2

  • Level: U
  • Area: 127.17
  • Dimensions: 11.83 x 10.75
  • Length: 11.83
  • Width: 10.75

Room: Bedroom 3

  • Level: U
  • Area: 113.85
  • Dimensions: 10.67 x 10.67
  • Length: 10.67
  • Width: 10.67

Room: Living Room

  • Level: U
  • Area: 1400.02
  • Dimensions: 47.33 x 29.58
  • Length: 47.33
  • Width: 29.58

Room: Office

  • Level: U
  • Area: 181.70
  • Dimensions: 10 x 18.17
  • Length: 10.00
  • Width: 18.17

Room: Primary Bedroom

  • Level: U
  • Area: 279.53
  • Dimensions: 15.25 x 18.33
  • Length: 15.25
  • Width: 18.33

501 & 503 IOWA Avenue Neighborhood

Community

51638 (ESSEX) Demographics

55
Median Age
14
Population Density (per sq. mile)
23%
College Educated
$51,071
Estimated Median Income
468
Estimated Total Home Owners
130
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

501 & 503 IOWA Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

501 & 503 IOWA Avenue Market Data

Based on the last 30 days in this zip code

$310,333
Average List Price
$103
Average Price per Square Foot
0
Properties Sold
51
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

501 & 503 IOWA Avenue History

Date Event Value Agent
2/26/2026Source: Southwest Iowa MLS Added to Database
February 26, 2026
Listing provided courtesy of Arrowhead Realty Company LLC- MLS# 26-318MLS Provider