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Two-Story Quadplex With Garages
New
For Sale
$220,000

101 N Commercial Street, Reinbeck, IA 50669

Fully rented four-unit property with two-bedroom apartments, exterior-access garages, and additional storage structures.

Property Size3,680 SF
Price / SF$59.78
Days on Market3

Property Features for 101 N Commercial Street

General Information

Standard status Active
Size 3,680 SF
Total Parking Spaces 6
Property subtype Multi-Family
Zoning R-3
Occupancy 100%
Lease Term Month To Month

Property Condition

Severity Repairs Needed
Evidence with some TLC

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,130

Amenities

Crawl Space
1st Floor
1840
Public
36x100x110x110
0.17
Garage,Gravel,Multiple
Balcony,Garden
Hard Surface Road

Building Details

Year Built 1978
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Nicki Kramer
Source: Pinnaclerealtyia
Added: Sep 11 Changed: Sep 12 Last Checked: Sep 13 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

This 3,680-square-foot quadplex was built in 1978 and contains four two-bedroom, one-bath apartments. The two-story building includes four attached garages accessed from outside, along with two additional storage garages. All four apartments are currently rented. Balconies and garden areas are also noted among the exterior features.

The property is zoned R-3 and sits on a 0.17-acre parcel with dimensions of 36x100x110x110. It is served by a hard-surface road and includes gravel garage areas. Two additional parcels are located north of the building and are identified as available for future development.

Key Highlights

  • Four rented apartments, each with 2 bedrooms and 1 bathroom
  • 3,680‑square‑foot quadplex built in 1978
  • Four attached garages with exterior access

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Restaurant Pharmacy Storage Facility Auto Parts 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

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
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

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 rented four-unit property with two-bedroom apartments, exterior-access garages, and additional storage structures.
Where is this quadplex located?
The property is located at 101 N Commercial Street Reinbeck, 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 rented apartments, each with 2 bedrooms and 1 bathroom; 3,680‑square‑foot quadplex built in 1978; Four attached garages with exterior access
More about this property
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