Single-Story
New
For Sale
$150,000
705 Grundy Avenue, Reinbeck, IA 50669
Residential Income, Reinbeck, IA
Property SizeContact for details
Lot Size0.12 Acres
Days on Market2
Property Features for 705 Grundy Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-3
Exterior features
Covered
Elementary school
Gladbrook-Reinbeck
Middle school
Gladbrook-Reinbeck
High school
Gladbrook-Reinbeck
Standard status
Active
APN
871521377007
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
BLK A/SELLERS 1ST ADD LOTS 4 & 5
Tax Annual Amount
1526
Legal Description
BLK A/SELLERS 1ST ADD LOTS 4 & 5
Utilities
Sewer type
Public Sewer
Heating system
Steam
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1976
Number of units
4
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
Re/Max Concepts · RE/MAX International
(319) 266-7100
Listed By:
Rick Schmidt · License #S67390000
(319) 231-1276
Added: Sep 9
Last Checked: Sep 10 at 6:06AM
MLS# 20264326
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 single-story quadplex contains four one-bedroom, one-bathroom apartments, with all units currently rented. The building was constructed in 1976 and features vinyl siding, a metal roof, steam heat, and window-unit cooling. Covered exterior areas are also present.
An additional parcel lies east of the building and is designated for parking. The property is served by public water and public sewer and carries R-3 zoning. Located at 705 Grundy Avenue in Reinbeck, Iowa, the asset offers a compact multifamily configuration with consistent unit layouts and an adjoining parcel supporting on-site parking.
An additional parcel lies east of the building and is designated for parking. The property is served by public water and public sewer and carries R-3 zoning. Located at 705 Grundy Avenue in Reinbeck, Iowa, the asset offers a compact multifamily configuration with consistent unit layouts and an adjoining parcel supporting on-site parking.
Key Highlights
- Four one‑bedroom, one‑bathroom apartments
- All apartments currently rented
- Additional parcel to the east designated for parking
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
Demographics for 50669, IA
2,335
Population
1,161
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
98%
High-School Grad
96.7 sq mi
ZIP Area
24
Density / Sq Mi
$83,636
Median Household Income
$42,467
Median Earnings
$828
Median Rent
$165,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Every apartment is currently leased and configured with one bedroom and one bathroom.
Where is this quadplex located?
The property is located at 705 Grundy Avenue Reinbeck, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom apartments; All apartments currently rented; Additional parcel to the east designated for parking
