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Brick Fourplex with Off-Street Parking
For Sale
$220,000

605 1st Street, Rudd, IA 50471

Residential Income, Rudd, IA

Property SizeContact for details
Lot Size0.30 Acres
Days on Market113

Property Features for 605 1st Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning C
Exterior features School Bus Service, Covered
Lot features Corner Lot, Level
Elementary school Rudd, Rockford, Marble Rock CSD
Middle school Rudd, Rockford, Marble Rock CSD
High school Rudd, Rockford, Marble Rock CSD
Standard status Active
APN 110618384002
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description Lot 1 in Block 20 of the Town of Rudd according to the recorded plat thereof in Floyd County, Iowa
Legal Description Lot 1 in Block 20 of the Town of Rudd according to the recorded plat thereof in Floyd County, Iowa

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 4
Building materials Brick
Roof type Metal
Listing Agency: Kolbet Realtors
Listed By: Kevin Kolbet · License #B01509000
Added: May 18 Changed: Sep 4 Last Checked: Sep 7 at 7:06PM
MLS# 20262176

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This one-story quadplex contains four residential units and is fully occupied. The building features brick construction, a metal roof, baseboard and electric heating, window-unit cooling, and included appliances. Paved off-street parking serves the property, which sits on a 0.3-acre corner lot.

Built in 1973, the property is connected to public water and public sewer and is designated C zoning. Covered exterior features and school bus service are also noted for the site. The fourplex configuration provides a compact residential income property with established occupancy and on-site parking.

Key Highlights

  • Four‑unit, one‑story quadplex built in 1973
  • Fully occupied property
  • Brick construction with a metal roof

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Grocery & Convenience Store Big Box & Wholesale Store Auto Repair Shop

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 50471, IA

621
Population
303
Households
2
Avg Household Size
39
Median Age
22%
College-Educated
95%
High-School Grad
42.9 sq mi
ZIP Area
14
Density / Sq Mi
$85,625
Median Household Income
$45,000
Median Earnings
$866
Median Rent
$112,900
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 - Fully occupied four-unit property with brick construction, metal roofing, and paved off-street parking on a corner lot.
Where is this quadplex located?
The property is located at 605 1st Street Rudd, IA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Four‑unit, one‑story quadplex built in 1973; Fully occupied property; Brick construction with a metal roof
More about this property
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