Pending

$45,000

Est. $394/mo —

—

•

— ba

•

1,730

sq ft

315 Locust St, Allison, IA 50602

About this home

Investor Alert! Opportunity is knocking at 315 Locust St. in Allison! This side-by-side, all-brick duplex is ready for an investor looking for a project with strong potential. Both units are currently vacant, giving you the flexibility to renovate, rent, and create a cash-flowing investment property. One side features 2 bedrooms and 1 bathroom, while the other offers 4 bedrooms and 2 bathrooms. The property includes a full basement and a detached 2-stall garage, all conveniently located in town. This property does need a significant amount of TLC, but with the right vision and updates, there is an excellent opportunity to add value and turn this into a great income-producing property. Bring your tools, ideas, and investment strategythis one is worth a look!

Multi-familyProperty Type

1939Year Built

7,875 sq ftLot Size

$26Price/Sq.Ft.

2 car garageParking

Listed by Jason Strelow • Berkshire Hathaway Home Serv

Listed by • Berkshire Hathaway Home Serv

Listing updated: Sep 29, 2026 at 01:52pm

Redfin checked: 5 minutes ago

•Source:NEIRBR as distributed by MLS GRID #20263911

Payment calculator

$394 per month

Principal and interest$255

Property taxes

$113

HOA dues

Home insurance

$27

Utilities

Add

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Affordability tools

Open houses

No upcoming open houses.

Around this home

Schools

K - 12
Preschool & daycare

Allison Elementary Building

Public PreK-6 • Assigned • 0.2mi

6/10

North Butler High School

Public 7-12 • Assigned • 10.1mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

315 Locust St · $45,000

LIST PRICE

Median list price in this area is $45,000. (0% higher than this home)

Property details

Interior
Exterior
Finance

Interior features
Finished basement with block construction

Heating & cooling
Natural gas heating
No central cooling listed

Sale and tax history for 315 Locust St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$2,336 (+33.2%)

$12,470 + $89,440

$101,910

2025

$1,754 (−13.9%)

$9,360 + $125,960

$135,320

2024

$2,038 (+9.6%)

$9,360 + $123,750

$133,110

2023

$1,860 (+5.3%)

$9,360 + $123,750

$133,110

2022

$1,766 (+3.3%)

$9,360 + $98,850

$108,210

2021

$1,710 (−0.2%)

$9,360 + $98,850

$108,210

2020

$1,714 (+9.9%)

$9,360 + $87,470

$96,830

2019

$1,560 (−18.7%)

$9,360 + $87,470

$96,830

2018

$1,918 (−17.7%)

$9,360 + $79,880

$89,240

2017

$2,330 (−2.0%)

$9,360 + $79,880

$89,240

2015

$2,378 (+2.7%)

$9,360 + $97,960

$107,320

2014

$2,316

$6,860 + $101,340

$108,200

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,884 Sq. Ft.

Year renovated

1939

Finished Sq. Ft.

2,860

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,860

Year built

1939

Style

Other

County

Butler County

APN

0625261006

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 25, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Allison, IA • 50602

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 315 Locust St

There isn’t enough information to generate an accurate estimate at this time. Learn More

This home is pending

The seller has accepted an offer, and this property is now .

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Details provided by NEIRBR as distributed by MLS GRID and may not match the public record. Learn more.

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