18 S 5Th ST, Albia, IA 52531
18 S 5Th ST, Albia, IA 52531
18 S 5Th ST, Albia, IA 52531
18 S 5Th ST, Albia, IA 52531
18 S 5Th ST, Albia, IA 52531
18 S 5Th ST, Albia, IA 52531
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Ernest Abell

Ernest Abell

+1(641) 414-3893
Listed by Kayla McConnell RE/MAX Pride Ottumwa
$ 235,000
Est. payment | /mo

5,208 SqFt

Save
$ 235,000
Est. payment | /mo
Save

5,208 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,208 sqft

Price per Sqft $45

MLS Listing ID NOC6339077

Maintenance Fees $1,000

Year Built 1974

Annual Tax Amount $2,246

Tax Year 2024

Lot Dimensions 132 x 66

Property Sub-Type Quadruplex

Property Description

Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio. Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset.

Location

State IA

County Monroe

Area 5208

Direction Head E on Benton Ave, turn R onto 5th St--apartments are on the L.

Rooms

Basement Finished

Interior

Heating Baseboard

Fireplace No

Exterior

View Y/N true

Accessibility None

Building

Story 2

Sewer City Sewer/Connected

Water Public

Structure Type Brick,Stucco

Schools

School District 81 - Albia

Others

Energy Description Electric

Acceptable Financing NOC6339077

Listing Terms NOC6339077

Schools and Properties Nearby

Ernest Abell

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(641) 414-3893

ernieabell.realty@hotmail.com

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18 S 5Th ST