Bought with Harman Benjamin • Harman Realty
$494,000
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404 Jefferson ST Decorah, IA 52101
3,585 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,585 sqft
Price per Sqft $127
MLS Listing ID 20263849
Year Built 1900
Annual Tax Amount $5,758
Property Sub-Type Quadruplex
Property Description
Investment Opportunity in Decorah! Well-maintained 4-unit apartment building located just 3 blocks from downtown Decorah and close to the middle school. Each unit includes its own off-street parking space. Unit 1: 1 bed, 1 bath with patio; completely renovated in 2020. $1,045/month Unit 2: 2 bed, 1 bath with a long-term tenant. $770/month Unit 3: 1 bed, 1 bath; completely renovated in 2025. $900/month Unit 4: Turnkey 2 bed, 2 bath Airbnb with deck; completely renovated in 2023. 2025 revenue: $19,098 Additional improvements include a roof replaced in 2017 and vinyl siding installed in 2019. This is a great opportunity to add a solid income-producing asset to your investment portfolio! Call your Realtor today for more information and to schedule a private showing.
Location
State IA
County Winneshiek
Zoning R-3
Interior
Cooling Central Air
Laundry Dryer Hookup-Ele, Washer Hookup
Exterior
Parking Features Parking Space, On Street, None
Utilities Available Water in Rent
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Decorah Community Schools
Middle Schools Decorah Community Schools
High Schools Decorah Community Schools
Others
Acceptable Financing NBR20263849
Listing Terms NBR20263849
Special Listing Condition Normal Sale
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