2121 Greene Street, Adel, IA 50003
- $2,180,000
- 33
- BD
- 24
- BA
- Sold Price
- $2,180,000
- List Price
- $2,200,000
- Status
- CLOSED
- MLS#
- 726452
- Year Built
- 1984
- Closing Date
- Feb 25, 2026
- Bedrooms
- 33
- Bathrooms
- 24
- Region
- Adel
Property Description
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.
Additional Information
- Street Name
- Greene Street
- Agent Id
- 5119
- Water
- Public
- Sewer
- Public Sewer
- Foundation
- Poured, Slab
- Roof
- Asphalt, Shingle
- Zip
- 50003
- Region
- Adel
- City
- Adel
- School District
- Adel-Desoto-Minburn
- Zoning
- Multi
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Listing courtesy of EXIT Realty & Associates. Selling Office: RE/MAX Concepts.
Data courtesy of the Des Moines Area Association of REALTORS