1606 STEELY DRIVE, DUNDEE, Polk, Residential – MLS #S5159718
Motivated seller!!! Discover this charming home that offers you everything…
$273,000
Residential
$349,990
NEW TO THE MARKET! FULLY RENOVATED MULTIFAMILY INVESTMENT OPPORTUNITY!
Discover this beautifully renovated property featuring two separate homes on one lot. The spacious two-story main residence offers 4 bedrooms, 3 bathrooms, and an additional flex room ideal for a home office. The home features a beautifully renovated kitchen with new cabinetry, quartz countertops, and stainless steel appliances. An attached covered two-car carport provides convenient parking. The second home features 1 bedroom, 1 bathroom, a full kitchen, and a dedicated laundry area, making it ideal for a mother-in-law suite, multigenerational living, or a separate rental unit to help offset ownership costs.
Both homes have been thoughtfully renovated and feature brand-new roofs, new A/C units, and new windows throughout. The beautifully updated bathrooms showcase spa-inspired finishes, floating vanities, illuminated anti-fog mirrors, and frameless glass shower enclosures. Matching design elements throughout both properties create a cohesive, modern aesthetic.
Enjoy fresh interior and exterior paint, updated landscaping, and attractive curb appeal. Whether you’re looking for an owner-occupied property with rental income potential or an investment opportunity to expand your portfolio, this versatile property offers multiple possibilities. Projected cap rates of 10% or more may be achievable, subject to purchase price, rental income, operating expenses, and verification.
Looking for an even larger investment? The neighboring property is also available and features two additional homes, offering a potential opportunity to acquire four residential units across two properties. Don’t miss this unique opportunity!
MLS updated 2026-10-20. Fees are reported by MLS; confirm current charges with the association.
Motivated seller!!! Discover this charming home that offers you everything…
$273,000
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$268,000
On the main floor of the beautiful Laurel plan, you’ll…
$336,999
Under Construction. This new two-story home features a private bedroom…
$307,990
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