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807 3rd St , Durant, IA 52747
$600,000
Est. Payment: $3,266.31/mo
0.66 Acres
Status: contingent | Days on site: 262
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95406 - 950169,1081452
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House Description

Harvest Meadow Estates is a 14-unit residential facility located at 807 3rd Street in Durant, Iowa. The property is situated on approximately 0.66 acres (28,800 SF) and is zoned commercial, allowing for a variety of residential and institutional uses. Originally constructed in 1982, the building underwent a comprehensive renovation in 2025, resulting in a modernized asset with updated mechanical systems, common areas, and accessibility features. The building contains approximately 7,644 square feet and is currently 100% vacant, providing a buyer with the ability to immediately implement their own operational model or conversion strategy. Seller financing is available. The property consists of 14 total units, including 13 studio apartments and one two-bedroom apartment located on the lower level. The building is arranged across three levels, all of which are served by a fully operational elevator connecting the basement through the second floor. The main level features a large community living area, open dining room, and oversized kitchen designed to accommodate shared meals or group use. This level also includes four studio units, a community laundry facility, and a shared half bathroom. The upper level includes eight studio apartments, while the lower level contains a premier studio unit, the two-bedroom apartment, a full shared bathroom, a recreation or activity area, and an administrative office. The structure is built on a poured concrete foundation and is serviced by 400-amp electrical service (two 200-amp panels). Heating is provided by gas-fired furnaces manufactured in 2024, with cooling supplied by six separate air conditioning units, at least one of which is confirmed to be manufactured in 2024. The property is connected to city water and city sewer. Two water heaters serve the building (manufactured in 2021 and 2002). The age of the roof is unknown, and there is no on-site generator. A garage area includes an AC splitter installed approximately 2024. The building is wheelchair accessible and includes safety rails throughout. Additional safety features include smoke and carbon monoxide alarms and building-wide Wi-Fi. Common amenities include a community dining room, large shared living room, activity and recreation space, reading area, four-season room, fitness equipment, business center access, community laundry facilities, resident refrigerator storage, landscaped grounds, garden area, and on-street parking.

Highlights

Listed by Jon Fisher , 217-202-0924 MR. LANDMAN , 217-202-0924. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Lot/Acreage
0.66

Year Built

1982

County

Other

Area

Out of Area South

Listing ID

12546817

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Interior Features

Exterior Features

Lot Dimensions:192 x 150
Zoning:COMMR
Parking Features:1-5 Spaces
Principal Interest
$3,266
Taxes
$862

Home Price

$600,000

Loan Details

30 yrs
7.225%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,266.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,266.31 $862.17 $0.00 $4,128.48
Yearly $39,195.73 $10,346.00 $0.00 $49,541.73
Total $1,175,871.89 $310,380.00 $0.00 $1,486,251.89
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Durant, IA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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