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    302-308 W State St Trenton, IA 52641

    For Sale
    $647,500

    Quadruplex - Mount Pleasant, IA

    Type:Quadruplex
    Property size:
    4,059 SF
    Lot size:
    0.14 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 302-308 W State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    APN
    420080437900800
    Size
    4,059 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1973
    Number of units
    4
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Cottage Realty LLC (319) 385-3243

    Listing agent Melissa Peitz (319) 385-3243 License #***

    Listing date Nov 26, 2025

    MLS# 6334022 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Fourplex in Mount Pleasant

    This fourplex presents an investment opportunity with a 100% occupancy rate. The property features updates and improvements throughout. Three of the units include 3 bedrooms, 2 bathrooms, in-unit laundry with a washer and dryer, a kitchen equipped with appliances, a living room, and a rear balcony. Each of these units also has a 1-car garage. The fourth unit offers 2 bedrooms, 2 bathrooms, and a 1-car garage. Exterior updates include new vinyl siding and garage doors. The property also has new gutters. The interiors of the units have been remodeled, and all appliances, including washers and dryers, are included. The property is situated on a lot of 0.14 acres and the building size is 4059 square feet. Located in Mount Pleasant, Iowa, this fourplex offers a positive cash flow for investors.
    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
    Trenton
    County
    State
    Iowa
    Longitude
    -91.555426
    Latitude
    40.975687

    Nearby Similar for Sale

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    • $379,000
      2,004 SF

      Remodeled Home on Serene Acreage

      Remodeled 3-bedroom home on 3.6 acres with modern amenities.
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    FAQs

    What type of property is this?
    Quadplex - Well-maintained, fully occupied fourplex with recent updates and positive cash flow.
    Where is this quadplex located?
    The property is located at 302-308 W State St Trenton, IA.
    What is the asking price?
    The asking price for this property is $647,500.
    What are key features of this property?
    This property features: - 100% Occupied: Enjoy immediate rental income and positive cash flow.; - Updated and Remodeled Units: Interiors have been remodeled, offering modern living spaces.; - New Vinyl Siding, Garage Doors, and Gutters: Recent exterior improvements enhance curb appeal and reduce maintenance.
    (319) 385-3243
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    Trenton, IA 52641
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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
    302-308 W State St Trenton, IA 52641
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