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    1406 1St Ave North Fort Dodge, IA 50501

    Picture of Quadplexes at 1St Ave North 1406, Fort Dodge, IA
    Under Contract
    For Sale
    $139,000

    Income Property, 2 Story - Fort Dodge, IA

    Property size:
    2,196 SF
    Lot size:
    0.17 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 1406 1St Ave North

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Residential
    Rooms
    Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Parking
    4
    Exterior features
    Apartment
    Basement Y/N
    1
    Appliances
    Refrigerator
    Size
    2,196 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    4
    Flooring type
    Other
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    Fort Dodge Realty (515) 955-4450

    Listing agent Dave Essing (515) 574-4663

    Listing date Oct 31, 2025

    MLS# 26532 Listing URL

    Copyright © 2025 Fort Dodge Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Dodge Income Property

    This well-maintained income property is located in Fort Dodge, Iowa. The property, zoned for residential use, is a two-story structure with a total area of 2196 square feet. It is situated on a lot measuring approximately 0.17 acres. The property is fully rented and generates good cash flow. It is classified as a multifamily property, specifically a quadplex or residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Dodge
    County
    Webster
    State
    Iowa
    Longitude
    -94.179045
    Latitude
    42.507555

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained, fully rented income property in Fort Dodge, Iowa.
    Where is this quadplex located?
    The property is located at 1406 1St Ave North Fort Dodge, IA.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: - Good cash flow; - Fully rented; - Well maintained income property
    (515) 574-4663
    Request Owner's contact information
    1406 1St Ave North Fort Dodge, IA 50501
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    Fort Dodge, IA 50501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1406 1St Ave North Fort Dodge, IA 50501
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