# 546 2nd Street, Webster City, IA 50595

> **TL;DR:** 10bd/8ba residential multi family, $875,000 ($44/sqft), 19,980 sqft.
> A/C. Est. $4,679/mo. Listed 127 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $875,000 |
| Price/sqft | $44 |
| Bedrooms | 10 |
| Bathrooms | 8 |
| Square Feet | 19,980 |
| Lot Size | 10,890 sqft (0.25 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 127 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,424 |
| Estimated Insurance | $255 |
| **Total** | **$4,679** |

## Key Amenities

- A/C

## Property Highlights

- 0.25 acre lot

## Description

### Agent Description
Prime mixed-use investment in Webster City's downtown retail corridor. This 19,902 SF brick & steel building features 11 apartments (6 one-bed, 2 two-bed, 3 studio) plus 2 commercial suites with strong long-term leases: Suite 1 at $2,333/mo on a 3-year lease and Suite 2 at $900/mo on a 4-year lease. Renovated in 2026: new roof, PEX plumbing, RTU, furnaces, appliances, security cameras & key fob access. RUBS system reduces utility exposure. Pro forma gross monthly income of $11,200 at stabilized occupancy. Annual NOI of $72,554 - 8.3% cap rate. 86% occupied, mostly year-plus leases. Coin laundry on-site. Priced at $44/SF. Value-add upside on 2 vacant units.

## Location

- **Address:** 546 2nd Street, Webster City, IA 50595
- **County:** Hamilton
- **Coordinates:** 42.469131, -93.819014
- **Google Maps:** https://www.google.com/maps?q=42.469131,-93.819014

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/546-2nd-Street-Webster-City-IA-50595/unbranded

## Listing Agent

- **Name:** Scott Underberg
- **Brokerage:** Connections Real Estate Group PLLc
- **Broker Phone:** (515) 576-5703
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/546-2nd-St_Webster-City_IA_50595_M95768-84263?f=listhub&s=FDBORIA&m=30042&c=propsimple)

## Photos

![546 2nd Street - Photo 1](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3209308162r.jpg)

![546 2nd Street - Photo 2](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f770331286r.jpg)

![546 2nd Street - Photo 3](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3976840280r.jpg)

![546 2nd Street - Photo 4](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f463478286r.jpg)

![546 2nd Street - Photo 5](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3548096543r.jpg)

![546 2nd Street - Photo 6](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3799853166r.jpg)

![546 2nd Street - Photo 7](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f2156409923r.jpg)

![546 2nd Street - Photo 8](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3833055719r.jpg)

![546 2nd Street - Photo 9](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3976366620r.jpg)

![546 2nd Street - Photo 10](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f181509402r.jpg)

![546 2nd Street - Photo 11](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f1124651915r.jpg)

![546 2nd Street - Photo 12](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f2139541070r.jpg)

![546 2nd Street - Photo 13](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f2359268629r.jpg)

![546 2nd Street - Photo 14](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f2748351636r.jpg)

![546 2nd Street - Photo 15](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f2475092970r.jpg)

![546 2nd Street - Photo 16](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f33085930r.jpg)

![546 2nd Street - Photo 17](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f1385817270r.jpg)

![546 2nd Street - Photo 18](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f1148787987r.jpg)

![546 2nd Street - Photo 19](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f88292523r.jpg)

![546 2nd Street - Photo 20](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3641222094r.jpg)

![546 2nd Street - Photo 21](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f602150708r.jpg)

![546 2nd Street - Photo 22](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3384341002r.jpg)

![546 2nd Street - Photo 23](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f1813542818r.jpg)

![546 2nd Street - Photo 24](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f1124651915r.jpg)

![546 2nd Street - Photo 25](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f2139541070r.jpg)

---

**MLS#:** 30042 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 Fort Dodge Board of Realtors. 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/546-2nd-street-webster-city-ia-50595-0a848adc5e414aaea5f73f5bf2f0fc5d)

---

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