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Four-Plex Residential Income Property
For Sale
$245,000

314 Church St, Audubon, IA 50025

MULTI_FAMILY - Audubon, IA

Lot Size0.22 Acres
Days on Market116

Property Features for 314 Church St

General Information

Property type Residential Multi Family
Property subtype Other
High school district Audubon Comm School District
Standard status Active
Lot size 0.22 Acres

Building Details

Year built 1975
Listing Agency: Wayne Hansen Real Estate Llc
Listed By: Abby Rasmussen
Added: Apr 6 Changed: Jul 2 Last Checked: Jul 30 at 11:06AM
MLS# 11729728

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-plex residential income property includes four separate units, each configured as a 1-bedroom, 1-bath layout with garages. The most recent major improvement is a new roof installed in 2024, which helps reduce near-term building maintenance concerns for an owner.

The property is located at 314 Church St in Audubon, Iowa. It sits on a lot size of 0.22 acres, offering a compact footprint consistent with an established small multifamily setting in the community.

For buyers seeking a straightforward small multifamily asset, this structure provides four rentable units with matching 1-bedroom layouts. The presence of garages with each unit may appeal to tenants who prioritize off-street parking as part of their daily routine. The seller also notes availability of a separate 3-plex in Anita for buyers interested in adding more units to their portfolio.

Key Highlights

  • 4‑plex in Audubon, built in 1975
  • All units are 1 BR/1 Bath with garages
  • New roof installed in 2024

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 50025, IA

3,027
Population
1,512
Households
2
Avg Household Size
47
Median Age
26%
College-Educated
92%
High-School Grad
196.4 sq mi
ZIP Area
15
Density / Sq Mi
$51,758
Median Household Income
$36,418
Median Earnings
$711
Median Rent
$103,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four 1BR/1BA units with attached garages in Audubon, with a roof replacement completed in 2024.
Where is this quadplex located?
The property is located at 314 Church St Audubon, IA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 4‑plex in Audubon, built in 1975; All units are 1 BR/1 Bath with garages; New roof installed in 2024
More about this property
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