18 S 5Th Street

Albia, IA 52531
Click Above to View Additional Photos (20 Photos)

$235,000

  • Status:Active
  • Listing #:6339077
  • Units:4
  • Building Size:5,208
  • Year Built:1974
  • Type:Quadruplex

Property Notes

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.

Property Information

  • Status
  • Price
  • Active
  • $235,000
  • County
  • Area
  • Property Type
  • Monroe
  •  
  • Quadruplex

Agent

Kayla McConnell
Sales Associate
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  • Phone:
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Location

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    Testimonials

    “My wife and I lived in the same community as John. We tried to sell our house by ourselves for 2 years before we decided to list with John and Remax. During those two years, John would stop by frequently to see if we would be interested in listing our home with him.

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