Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    207 S 1St St Osage, IA 50461

    For Sale
    $675,000

    MULTI_FAMILY - Osage, IA

    Lot size:
    2.03 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 207 S 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    Rooms
    Bedroom 11, Bedroom 9, Bedroom 3, Bedroom 10, Bedroom 4, Bedroom 12, Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 5, Bathroom 7, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 8, Bedroom 1, Bedroom 7, Bathroom 6
    Bedrooms
    12
    APN
    1026126016
    Parking features
    Garage
    Patio and Porch features
    Patio
    Exterior features
    Patio, Covered
    Basement
    Concrete
    Lot size
    2.03 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    2019
    Floors in Building
    2
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Asphalt

    KOLBET REALTORS (641) 732-3337 [email protected]

    Listing agent Kevin M Kolbet (641) 330-3337

    Listing date Oct 28, 2025

    MLS# 20225052 Listing URL

    Copyright © 2025 Northeast Iowa Regional 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

    Osage Fourplex Investment Opportunity

    This South-facing fourplex in Osage, Iowa, presents a notable investment opportunity. Each unit features 3 bedrooms, 2 bathrooms, a patio, an attached heated garage, and a full set of appliances. The property is currently fully occupied. Situated on a 2.03-acre lot, the parcel has the capacity to accommodate another mirror-image building and/or multiple other structures. The zoning is R-3. The seller is willing to enter into a transaction subject to the tenant leases and for closing after June 21, 2023.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Osage
    County
    Mitchell
    State
    Iowa
    Longitude
    -92.821902
    Latitude
    43.282406

    Nearby Similar for Sale

    • $1,640,000
      7.95 Acres

      Poultry Barns on 7.95 Acres

      Two operational poultry barns suitable for commercial production or other uses.
      3240 Kirkwood Ave, Osage, IA 50461
      View Details
    • $775,000
      4.50 Acres

      Osage Commercial Property on Highway

      Prime commercial location with high traffic and multiple development possibilities.
      101 Plaza Ln, Osage, IA 50461
      View Details
    • $5,000,000
      234,200 SF

      Expansive Production/Warehouse Facility in Osage

      234,200 SF production/warehouse facility on 19.56 acres.
      227 Poplar St, Osage, IA 50461
      View Details
    • $250,000
      0.07 Acres

      Floral and Gift Storefront

      Established floral and gift store with renovated apartment.
      530 Main St, Osage, IA 50461
      View Details
    • $125,000
      Pending

      Adaptable Commercial Building with Parking

      Large building suitable for various business or personal uses.
      118 S 6Th St, Osage, IA 50461
      View Details
    • $324,900
      5,148 SF

      Established Diner with Living Space

      Turnkey diner with updated dining area and two-bedroom apartment.
      721 Main St, Osage, IA 50461
      View Details

    FAQs

    What type of property is this?
    Quadplex - Well-designed fourplex in Osage, fully occupied, expansion potential.
    Where is this quadplex located?
    The property is located at 207 S 1St St Osage, IA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Investment opportunity: Fully occupied four-plex.; - Each unit has 3 bedrooms and 2 bathrooms.; - South-facing units with patios and attached heated garages.
    (641) 330-3337
    Request Owner's contact information
    207 S 1St St Osage, IA 50461
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    207 S 1St St
    Osage, IA 50461
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    207 S 1St St Osage, IA 50461
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.