
Residential Land for Sale in Bloomfield, Iowa
905 S Washington St, Bloomfield, IA 52537
Rare value-add redevelopment opportunity with major upside potential. Situated on approximately 3.5 acres, this former motel property offers the ideal setup for an apartment conversion, workforce housing project, extended stay concept, or mixed-use redevelopment. The existing layout creates an opportunity to reposition the asset into income-producing multifamily units while leveraging the large site for future expansion, additional amenities, storage, parking, or new construction opportunities. Strong demand for affordable housing and rentals in the area makes this a compelling play for investors, developers, and operators looking for forced appreciation. In addition to the redevelopment parcel, the offering includes another parcel generating supplemental income, creating immediate cash flow while plans and improvements are underway.
Location
- Street address
- 905 S Washington St
- County
- Davis County
- Community
- Bloomfield
- Elevation
- 858 feet
Directions
Get on I-35 S 4 min (1.5 mi) Take IA-163 E and US-63 S to Eddyville Rd in Wapello County 1 hr 17 min (83.6 mi)
Property details
- Acreage
- 3.5 acres
- Zoning
- C
- MLS #
- DMAAR 741156
- Posted
Parcels
- 01002181
Legal description
25 69 14 SE COR SE SE EX PARCEL 2025-A1
Details and features
Listing
- Type
- Residential
Lot
- Features
- Rectangular Lot
Structure
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Electric, Forced Air, Natural Gas
- Cooling
- Central Air
- Materials
- Block, Brick
Interior
- Appliances
- Cooktop, Dishwasher, Dryer
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 19, 2026 | New listing | $1,200,000 | — | DMAAR |