# 215 Cedar Street, Story City, IA 50248

> **TL;DR:** multi-family, $185,000 ($119/sqft), built 1910, 1,552 sqft.
> A/C. Est. $989/mo. Listed 113 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $185,000 |
| Price/sqft | $119 |
| Square Feet | 1,552 |
| Year Built | 1910 |
| Lot Size | 11,378 sqft (0.26 acres) |
| Property Type | Multi-Family (Triplex) |
| Status | Active |
| Days on Market | 113 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $935 |
| Estimated Insurance | $54 |
| **Total** | **$989** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1910
- 0.26 acre lot

## Description

### Agent Description
Excellent investment opportunity! This 3-level tri-plex offers immediate income with long-term tenants already in place and a proven rental history. The property features three separate units: a 2-bedroom, 1.5-bathroom basement apartment, a 2-bedroom, 1-bathroom main level unit, and a 1-bedroom, 1-bathroom upper-level apartment. Tenants pay all utilities except water, helping keep operating expenses low and maximizing your return. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers reliable cash flow and strong rental potential. Don't miss your chance to own a turnkey investment with established occupancy.

## Location

- **Address:** 215 Cedar Street, Story City, IA 50248
- **County:** Story
- **Coordinates:** 42.183384, -93.59998
- **Google Maps:** https://www.google.com/maps?q=42.183384,-93.59998

## Listing Agent

- **Name:** Tyler/Megan Frederiksen · **License:** S6306700
- **Brokerage:** NORSEMEN REALTY
- **Broker Phone:** 5157332922
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/215-Cedar-St_Story-City_IA_50248_M81280-46381?f=listhub&s=CIBORIA&m=70720&c=propsimple)

## Photos

![215 Cedar Street - Photo 1](http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f2420177912r.jpg)

![215 Cedar Street - Photo 2](http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f1168831005r.jpg)

![215 Cedar Street - Photo 3](http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f740175884r.jpg)

---

**MLS#:** 70720 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "@id": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17#listing",
  "url": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17",
  "name": "215 Cedar Street, Story City, IA 50248",
  "description": "Excellent investment opportunity! This 3-level tri-plex offers immediate income with long-term tenants already in place and a proven rental history. The property features three separate units: a 2-bedroom, 1.5-bathroom basement apartment, a 2-bedroom, 1-bathroom main level unit, and a 1-bedroom, 1-bathroom upper-level apartment. Tenants pay all utilities except water, helping keep operating expenses low and maximizing your return. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers reliable cash flow and strong rental potential. Don't miss your chance to own a turnkey investment with established occupancy.",
  "image": [
    "http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f2420177912r.jpg",
    "http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f1168831005r.jpg",
    "http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f740175884r.jpg"
  ],
  "primaryImageOfPage": {
    "@type": "ImageObject",
    "url": "http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f2420177912r.jpg",
    "caption": "215 Cedar Street - Story City, IA"
  },
  "datePosted": "2026-07-13",
  "dateModified": "2026-10-20T17:57:38.215Z",
  "mainEntity": {
    "@type": "Accommodation",
    "@id": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17#property",
    "name": "215 Cedar Street, Story City, IA 50248",
    "address": {
      "@type": "PostalAddress",
      "streetAddress": "215 Cedar Street",
      "addressLocality": "Story City",
      "addressRegion": "IA",
      "postalCode": "50248",
      "addressCountry": "US"
    },
    "geo": {
      "@type": "GeoCoordinates",
      "latitude": 42.183384,
      "longitude": -93.59998
    },
    "image": [
      "http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f2420177912r.jpg",
      "http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f1168831005r.jpg",
      "http://lh.rdcpix.com/9561c10d0b15c0be8503205b03334d6bl-f740175884r.jpg"
    ],
    "identifier": {
      "@type": "PropertyValue",
      "propertyID": "MLS",
      "value": "70720"
    },
    "accommodationCategory": "Triplex",
    "floorSize": {
      "@type": "QuantitativeValue",
      "value": 1552,
      "unitCode": "FTK",
      "unitText": "square feet"
    },
    "yearBuilt": 1910,
    "amenityFeature": [
      {
        "@type": "LocationFeatureSpecification",
        "name": "Heating",
        "value": "Forced Air"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Cooling",
        "value": "Central Air"
      },
      {
        "@type": "LocationFeatureSpecification",
        "name": "Air Conditioning",
        "value": true
      }
    ],
    "additionalProperty": [
      {
        "@type": "PropertyValue",
        "name": "Lot Size",
        "value": "0.26 acres"
      },
      {
        "@type": "PropertyValue",
        "name": "Property Subtype",
        "value": "Triplex"
      }
    ]
  },
  "offers": {
    "@type": "Offer",
    "@id": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17#offer",
    "url": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17",
    "price": 185000,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
    "seller": {
      "@id": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17#agent"
    }
  },
  "provider": {
    "@type": "Person",
    "@id": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17#agent",
    "name": "Tyler/Megan Frederiksen",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://staging.propertysimple.ai/listing/215-cedar-street-story-city-ia-50248-caef2cb1f1eb4359b8ba5a2c56497e17#brokerage",
      "name": "NORSEMEN REALTY",
      "telephone": "5157332922"
    }
  }
}
```