Akiya for sale in Iwaki City, Fukushima · ¥4.5M

Iwaki City, Fukushima

A traditional home in Iwaki City, listed through a local akiya bank and priced for restoration.

Type: Akiya (vacant home)
Condition: As-is
Land: 316 m²
Floor area: 54 m²
Built: 1959
Bedrooms: Not listed

Highlights

316 m² of land
54 m² of floor space
Listed through a municipal akiya bank
Priced for restoration; condition is as-is

Features & specifications

Parking for 2+ vehiclesSouth-facingQuiet residential areaMains gasFitted kitchen2 toiletsBath reheatingSuitable for 2-family living

Layout: 3K
Structure: Timber

Unlock At a glance

Hazard report

Read from the official national hazard maps at this listing’s coordinates on 2026-08-04.

EarthquakeLow2.9% chance of shindo 6-lower or stronger shaking within 30 years (J-SHIS mesh 5540464734)Outside mapped hazard zones. Standard checks still apply.

FloodLowOutside the designated flood-inundation zoneOutside mapped hazard zones. Standard checks still apply.

LandslideLowOutside designated landslide warning zonesOutside mapped hazard zones. Standard checks still apply.

These readings come from national datasets at the parcel’s coordinates, not from a site survey. Designations are revised, and the map cannot see ground conditions on the plot. Confirm the current designation with the municipality and a licensed local professional before making an offer.

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Yield estimator

Explorer

Model the return against the real asking price. Drag to test your own renovation budget and rent assumptions.

Renovation budget$0Expected monthly rent$320

Starting point: privately rented detached houses of 50 to 69 m² in Iwaki City average ¥50,000 a month across 1,230 dwellings. That is an area average, not a valuation of this house. What this one achieves depends on its condition and on local demand, which is thin in most akiya towns. Housing and Land Survey 2023 (e-Stat), read 2026-08-04.

All-in cost

$28,800

Price + renovation

Annual rent

$3,840

At your assumption

Gross yield

13.3%

Rent ÷ all-in

Est. net yield

9.6%

After ~28% costs

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Estimate only, not a guarantee or an offer. Figures ignore financing, vacancy, and currency movement. Verify local rents and costs with your agent before you rely on them.

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