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  • $199,900

    301 S 4th St, Farmington, IA 52626

    8beds
    2,834sqft
    : 
    Quadruplex
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $71/sqft
    $-- HOA

    What's special

    Laundry hook upsOne bathLarge corner lotCorner lotTwo bedroomsAmple parkingNew wooden fence
    Multifamily property, with long term tenants and steady rental history, is now for sale in Farmington, Iowa. With four units total, each unit has two bedrooms, one bath and laundry hook ups, this business is a solid investment for a landlord. The current owner pays water sewer trash and the tenants pay the electric. The large corner lot allows the tenants ample parking and a new wooden fence, installed in 2024, gives them privacy at the back and side yard. Call your realtor to view this established investment property.
    5 days
    on Zillow
    |
    167
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 08:10am

    Listed by:

    Laura Story 641-919-8098,

    Fraise Auction Real Estate

    Source: NoCoast MLS,MLS#: 6326817MLS LogoOriginating MLS: Southeast Iowa Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 4
    Bathroom
    • Features: Unit 1(Main Floor Full Bath), Unit 2(Main Floor Full Bath), Unit 3(Main Floor Full Bath), Unit 4(Main Floor Full Bath)
    Basement
    • Area: 0
    Heating
    • Baseboard
    Cooling
    • Unit 1(Window), Unit 2(Window), Unit 3(Window), Unit 4(Window)
    Appliances
    • Included: Unit 1(Range, Refrigerator, Disposal), Unit 2(Range, Refrigerator, Disposal), Unit 3(Range, Refrigerator, Disposal), Unit 4(Range, Refrigerator, Disposal), Number of Ranges(Four), Number of Refrigerators(One)
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,834 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Stairs Internal
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Fencing: Wood
    Lot
    • Size: 0.4 Acres
    • Dimensions: 132 x 132
    • Features: Corner Lot
    Details
    • Parcel number: 000641208458130

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame, Other
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Previously Owned
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Location
    • Region: Farmington

    Financial & listing details

    • Price per square foot: $71/sqft
    • Annual tax amount: $1,616
    • Price range: $199.9K - $199.9K
    • Date on market: 4/21/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 2025
    • Tenant pays: Electricity
    • Electric utility on property: Yes
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