Solid investment opportunity in New Albin! This well-maintained 4-plex features four 2-bedroom, 1-bath units with a strong and established rental history. Each unit offers comfortable living with practical layouts, and the property includes off-street parking for added convenience. With consistent occupancy and excellent upkeep, this multi-family property is a turnkey addition to any investment portfolio.
For sale
$299,000
205 1st St NE, New Albin, IA 52160
--beds
--baths
3,327sqft
Est.:
Quadruplex
Built in 1974
-- sqft lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
Off-street parkingPractical layouts
- 5 days
- on Zillow |
- 198 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
Bret Doll 608-386-2637,
Next Home Prime Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20251976
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Cooling
- Window Unit(s)
Appliances
- Laundry: 2nd Floor, Laundry Room
Features
- Basement: None
Interior area
- Total structure area: 3,327
- Total interior livable area: 3,327 sqft
- Finished area above ground: 1,613
- Finished area below ground: 1,713
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: On Street, None
- Uncovered spaces: 8
Lot
- Size: 5,000 Square Feet
- Dimensions: 100.00x50.00
Details
- Parcel number: 0311108009
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage in Rent, Gas Prorated, Separate Meters, Water Prorated
Community & HOA
Location
- Region: New Albin
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $275,400
- Annual tax amount: $5,194
- Date on market: 5/3/2025
- Tenant pays: Electricity, Gas, Heat, Water
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