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101 kelly's court, Forest City, IA 50436

Winnebago County

Key Facts

15Beds
12Baths
12,300Sq Ft
1985Year Built
3.58Lot (acres)

Description

INVESTOR ALERT! What an opportunity!! This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside. Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience. With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion, group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning). The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations. Bring your vision and transform this one-of-a-kind property into your next successful venture!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

See Remarks

Year Built

1985

Living Area

12,300 sq ft

Lot Size

3.58 acres

Lot Dimensions

per abstract

Days on Market

268

MLS® Listing#

6332628

Property Features

Cooling:
Central Air
Heating:
Forced Air
Parking:
Outside, Concrete, Paved, Storage
Construction:
Brick, Vinyl Siding
Sewer:
Public Sewer
Water Source:
Public

HOA & Tax

HOA:
WCIR
Parcel #:
1135326008

Directions

gps takes you to property

Affordability Calculator

$139,700

Estimated monthly payment

$3,718/mo

Principal $558,800 · Est. interest $779,576 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Forest City, IA

$281,667
Median Listing Price
64
Median Days on Market
1,687
Median Sq Ft
$153
Median Price / Sq Ft
767
Active Listings
  • This home’s price is 148% above the area median.
  • Its price per sq ft is 63% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Forest City, IA.

Location

  • 101 kelly's court, Forest City, IA 50436

Nearby Schools

  • Forest City Middle School

    Secondary · 0.2 mi away

  • Forest City Community School

    Secondary · 0.2 mi away

  • Forest City High School

    Secondary · 0.2 mi away

  • Forest City Elementary School

    Elementary · 0.3 mi away

  • Forest City Community School District

    School · 0.7 mi away

  • Forest City Christian School

    School · 1.2 mi away

  • North Iowa Middle School

    School · 9.5 mi away

  • North Iowa Alternative High

    Secondary · 9.7 mi away

  • Garner Elementary School

    Elementary · 11.6 mi away

  • Garner - Hayfield High School

    Secondary · 12.0 mi away

  • Lake Mills Elementary School

    Secondary · 12.3 mi away

  • Son Shine Preschool

    School · 12.3 mi away

  • Trouble Me Knot Em

    School · 12.4 mi away

  • Garner-Hayfield-Ventura Junior High School

    Secondary · 12.8 mi away

  • Ventura Elementary School

    Elementary · 12.9 mi away

  • Redeemer Pre-School & Daycare

    School · 12.9 mi away

  • West Hancock High School

    Secondary · 14.2 mi away

  • West Hancock Elementary School

    Elementary · 14.2 mi away

  • Scarville Synod Lutheran Church

    School · 14.8 mi away

  • Lake Town Charlie Brown

    School · 16.2 mi away

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EXIT Agents in Forest City

Listing Courtesy: Iowa Home & Land Realty - Mobile: 515-423-0195

Presented by: Dustin Crawford

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Heart of Iowa MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by IowaAOR. MLS® Listing#6332628. © 2026EXIT Realty®. All rights reserved.