Don’t miss this opportunity to own a versatile duplex located in the small town of Rathbun, just 3 minutes from the scenic shores of beautiful Lake Rathbun. Whether you're looking for a smart investment or a place to call home, this property offers the best of both worlds. Live in one unit and rent out the other to offset your mortgage or generate steady income! Each side of this duplex sleeps 7 people comfortably with 2 bedrooms and 2 bathrooms, a full kitchen with an open concept living area. The tenants share a very large covered front porch and a smaller back deck to enjoy your morning coffee. With over 2,400 sq ft of finished living space and an additional 2,400 sq ft of dry, unfinished basement, there's room to grow, customize, and maximize potential. This dry basement features a shared laundry area, an additional 3/4 bathroom, newer- separate HVAC systems for each unit, and the potential for an entertainment area. The property sits on a total of 1.742 acres, backing up to partially wooded parcels. Next to the duplex is a large 1,620 SF shed built in 2017 with concrete floor, perfect for your boat storage and more! Contact your favorite agent a private tour! Agent is a relative of the owners.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Rathbun is located in Iowa. Rathbun, Iowa has a population of 34. Rathbun is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 24.51%.
The median household income in Rathbun, Iowa is $39,444. The median household income for the surrounding county is $46,900 compared to the national median of $69,021. The median age of people living in Rathbun is 55.8 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 38.8 inches per year, with 24 inches of snow per year.
