$675,000
Original price: $775,000
Studio
6,962 sqft (on 1.41 acres)
100 5th St, Adair, IA 50002
Est. Mortgage $4,329/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1969
1.41 acre lot
$97/sqft
Local Information
- Map ViewExplore the area around 100 5th St.
- Schools1 Preschool School1 Elementary School1 Middle School
- Shop & Eat
-- mins to
About this House
The Budget Inn 34-unit motel, conveniently located just off Exit 75 of Interstate 80, is perfectly positioned in a high-traffic area that benefits from significant visibility and accessibility. The surrounding environment is vibrant, filled with various businesses, restaurants, and services that cater to travelers and locals alike, making it an ideal spot for a motel. ### Key Features - **Well-Maintained Property**: The motel is in excellent condition, showcasing a commitment to upkeep and cleanliness. Each unit is designed for comfort, equipped with essential amenities to ensure a pleasant stay for guests. - **Operational Ready**: The sale includes all necessary furnishings, equipment, and systems to run the motel efficiently. This means new owners can step in without the need for major investments or renovations. - **Growth Potential**: With its strategic location and the surrounding business activity, there is substantial potential for growth. Opportunities may include: - **Enhanced Marketing**: Targeting business travelers, tourists, and local events. - **Partnerships**: Collaborating with nearby businesses for referral programs or package deals. No guarantee contained information is completely accurate. Any potential buyer should verify the information contained in this description ..
Last check for updates: 1 day ago
Listing courtesy of Charles B Thomas, (712) 542-6325
Thomas Realty
Source: NoCoast MLS as distributed by MLS GRID, MLS#6339231
Also Listed on NoCoast MLS as distributed by MLS GRID.
Home Details for 100 5th St
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MLS Status: Active |
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Dimensions and Layout Living Area: 6962 Square Feet |
Heating & Cooling Heating: BaseboardHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Accessibility: Other |
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Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 49Days on Market: 87 |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 0103301001 |
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Price List Price: $675,000Price Per Sqft: $97 |
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Direction & Address City: Adair |
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Listing Agent Listing ID: 6339231 |
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No HOA |
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Lot Area: 1.41 Acres |
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Contingencies: None |
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Mls Number: 6339231Days In Mls: 49 |
Around this home
What Locals Say about Adair
At least 1 Trulia users voted on each feature.
100 % Say it's quiet
100 % Say there are sidewalks
100 % Say yards are well-kept
50 % Say there's holiday spirit
50 % Say it's dog friendly
Sourced by Trulia users. Learn more about our methodology.
Market trends in Adair
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
6
3MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes.
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.24 | $120,100 | 2 | 1 | 924 | Off Market | |
0.36 | $157,700 | 3 | 1.5 | 1,536 | Off Market | |
0.36 | $137,500 | 3 | 1.5 | 1,756 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 16, 2026 Source: NoCoast MLS as distributed by MLS GRID #6339231 | PriceChange | $675,000 Price decreased by 13% |
Jun 10, 2026 Source: NoCoast MLS as distributed by MLS GRID #6339231 | Listed For Sale | $775,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2017 | $15,562 | $489,258 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Charles B Thomas, Thomas Realty
Agent Phone: (712) 542-6325
Based on information submitted to the MLS GRID as of 2026-09-04 14:47:17 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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100 5th St, Adair, IA 50002 is a studio, 6,962 sqft multi-family built in 1969. This property is currently available for sale and was listed by NoCoast MLS as distributed by MLS GRID on Jun 10, 2026. The MLS # for this home is MLS# 6339231.