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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 529,900

Est. payment -/mo

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Active

114 S Mississippi ST Blue Grass, IA 52726

5,952 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,952 sqft

Price per Sqft $89

MLS Listing ID 12712388

Year Built 1948

Annual Tax Amount $6,382

Tax Year 2024

Lot Size 10,890 Sqft

Property Sub-Type Multi Family 5+

Property Description

Outstanding investor opportunity to add a high-performing, turnkey asset to your portfolio! Conveniently located in the heart of Blue Grass, this 8-unit multi-family property delivers steady, continuous cash flow from day one. Positioned just off Highway 61 and only ten minutes from the Quad Cities, the property benefits from a strong local rental demand and consistently low turnover. The building features clean, functional unit layouts designed for low-maintenance upkeep, alongside dedicated off-street parking for tenant convenience. On-site coin-operated laundry facilities provide additional income streams while enhancing property utility for residents. With its prime central location, established tenancy, and strong income history, 114 S Mississippi St is an ideal operational addition for both seasoned multi-family investors and portfolio builders.

Location

State IA

County Scott

Area Blue Grass

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Listed by Ashley Block of Ruhl&Ruhl REALTORS DeWitt

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA