306 W State StreetWilliamsburg, IA 52361

Single Family · 2 Beds · 1 Full Bath · 1 Half Bath · 5,321 Sq. ft. | 0.29 Acres
$315,000 Active

306 W State Street Overview

Time on Site:
167 days
Visits:
63

Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike. EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage and a upper level apartment. The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals. With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Will

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306 W State Street Facts & Features

  • Type Single Family
  • Sq. ft. 5,321
  • Price/Sq.ft. $59
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Association Fee: none
  • Association Fee Includes: Other

School Information

  • Elementary School: Wmbg-Mary Welsh
  • Middle Or Junior School: Williamsburg
  • High School: Williamsburg

Building Information

  • New Construction: No
  • Year Built: 1890

Location/Region

  • County Or Parish: Iowa
  • MLS Area Major: SW Quadrant
  • Subdivision Name: n/a

Community/Development

  • Community Features: Close to Shopping,Close to School,Other

Tax Information

  • Tax Year: 2023

General Information

  • Property Sub Type: Single Family
  • Property Type: SINGLE FAMILY/ACREAGE
  • Zoning: Commercial/Residential

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 5321

General Information

  • Appliances: Microwave,Range/Oven,Refrigerator,Dryer,Washer
  • Basement: Block,Finished,Unfinished
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Interior Features: Foyer-Entrance
  • Living Area: 5321

Exterior

Parking Information

  • Parking Total: 2 Cars

Lot Information

  • Lot Features: Less than .5 Acre
  • Lot Size Acres: 0.29
  • Lot Size Dimensions: 80 x 160

Building Exterior/Construction

  • Architectural Style: 2 Story

General Information

  • Exterior Features: Porch

306 W State Street Neighborhood

Community

52361 (Williamsburg) Demographics

41
Median Age
34
Population Density (per sq. mile)
45%
College Educated
$60,200
Estimated Median Income
1,239
Estimated Total Home Owners
621
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

306 W State Street Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

306 W State Street Market Data

Based on the last 30 days in this zip code

$355,300
Average List Price
$123
Average Price per Square Foot
3
Properties Sold
81
Average Days on Market
18
Properties for Sale
Calculations provided by Reliance Network

306 W State Street History

Date Event Value Agent
5/14/2026Source: Iowa City MLS Price Reduction
$315,000 -4.5%
5/12/2026Source: Iowa City MLS Price Reduction
$315,000 -4.5%
4/28/2026Source: Iowa City MLS Price Reduction
$329,900 -3.0%
4/28/2026Source: Iowa City MLS Price Reduction
$329,900 -3.0%
1/19/2026Source: Iowa City MLS Status Change
Active
1/15/2026Source: Iowa City MLS Status Change
Active
1/13/2026Source: Iowa City MLS Added to Database
January 13, 2026
1/9/2026Source: Iowa City MLS Added to Database
January 09, 2026
Listing provided courtesy of Lepic-Kroeger, REALTORS- MLS# 202600376MLS Provider