Quadplex Property With Basement
For Sale
$175,000
811 G Avenue, Grundy Center, IA 50638
Residential Income, Grundy Center, IA
Property SizeContact for details
Lot Size0.16 Acres
Days on Market135
Property Features for 811 G Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R-3
Parking features
On Street
Basement
Finished
Elementary school
Grundy Center
Middle school
Grundy Center
High school
Grundy Center
Standard status
Active
APN
871712262008
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
GRUNDY CENTER, ORIGINAL PLAT, BLK 24 E 15' OF LOT 6, W 1/2 OF LOT 7 & W 8' OF S 100' OF E 1/2 LOT 7
Tax Annual Amount
1866
Legal Description
GRUNDY CENTER, ORIGINAL PLAT, BLK 24 E 15' OF LOT 6, W 1/2 OF LOT 7 & W 8' OF S 100' OF E 1/2 LOT 7
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard
Cooling system
Electric, Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
4
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
RE/MAX Concepts - Cedar Falls · RE/MAX International
(319) 266-7100
Listed By:
Amanda Sager · License #69851000
(319) 486-7546
Added: May 16
Changed: Aug 26
Last Checked: Sep 27 at 6:06PM
MLS# 20262864
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.
Built in 1920, this R-3 property is presently arranged as a duplex with two separate living areas. One side includes two bedrooms, one and a half bathrooms, and an office; the other offers two bedrooms and one bathroom. Hardwood floors and original built-in cabinetry remain throughout the primary living spaces. Two additional apartment areas are located in the basement and require renovation. The layout can also be reconfigured into a single-family residence, providing flexibility for an owner seeking a unified home rather than separate units.
The property occupies 0.16 acres at 811 G Avenue in Grundy Center, near downtown amenities. Public water and public sewer serve the property. Exterior features include vinyl siding, an asphalt roof, electric baseboard heating, and electric cooling supplemented by ceiling fans and window units. Parking is available on the street.
The property occupies 0.16 acres at 811 G Avenue in Grundy Center, near downtown amenities. Public water and public sewer serve the property. Exterior features include vinyl siding, an asphalt roof, electric baseboard heating, and electric cooling supplemented by ceiling fans and window units. Parking is available on the street.
Key Highlights
- R‑3 zoning on a 0.16‑acre parcel
- Currently arranged as a duplex with two‑bedroom units
- Two basement apartment areas require renovation
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 50638, IA
3,411
Population
1,535
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
97%
High-School Grad
94.0 sq mi
ZIP Area
36
Density / Sq Mi
$79,500
Median Household Income
$47,214
Median Earnings
$681
Median Rent
$181,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Existing two-unit arrangement includes separate floor plans, hardwood floors, original built-ins, and unfinished apartment areas below grade.
Where is this quadplex located?
The property is located at 811 G Avenue Grundy Center, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: R‑3 zoning on a 0.16‑acre parcel; Currently arranged as a duplex with two‑bedroom units; Two basement apartment areas require renovation
