113 2nd St NE, Mitchellville, IA 50169

Stanbrough Realty is pleased to offer 113 2nd St NE, Mitchellville, IA to both local and regional investors. The property is currently 100% occupied and consists of eight (8) 2BR/1BA units, ideally positioned on the corner of 2nd & Park Ave directly across from the Mitchellville Community Center. 113 2nd St NE has been well maintained and professionally managed throughout ownership, featuring clean common areas, a private parking lot, and a brand-new boiler system installed in 2025. While units retain original cabinetry, turnovers during current ownership have included upgrades such as LVP flooring, new carpet, and fresh paint, supporting overall unit quality and tenant appeal. The Mitchellville submarket is characterized by limited multifamily supply, consistent workforce-driven demand, and strong connectivity to the Des Moines metro, supporting durable occupancy fundamentals. Historically, the property has maintained near-full occupancy with minimal downtime between leases, reflecting stable tenant demand and efficient turnover.