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    Vacant Fourplex with Separate Utilities Title is generated by Realmo AI

    103 Carolina Street, Meservey, IA 50457

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    Claim this Listing
    New
    For Sale
    $120,000

    MULTI_FAMILY - Ranch - IA

    Type:Single Family Residence
    Property size:
    2,819 SF
    Price / SF:
    $42/SF
    Added:
    Jul 8, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 9 at 2:06 pm

    Property Features for 103 Carolina Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    R-4
    Bedrooms
    6
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 6, Basement
    Standard status
    Active
    APN
    133235500200
    Size
    2,819 SF

    Taxes and HOA fees

    Tax Description
    W 15' L'S 5-6 & ALL L'S 7-8-9 & VAC ALLEY BETW L'S 4 & 9 & VAC ALLEY BETW L'S 5 & 8 & VAC ALLEY BETW L'S 6-7 BLK 6 MESERVEY
    Tax Annual Amount
    980

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    4
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Fernando Aveiga
    Fernando Aveiga

    Listing agent Fernando Aveiga

    Listing office EXP Realty, LLC 5550 Wild Rose Lane Suite #400 c/o Regus, West Des Moines, IA

    Listing date Jul 8, 2026

    MLS# 744210 Listing URL

    Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully vacant fourplex with 2 two‑bedroom/1‑bath units and 2 one‑bedroom/1‑bath units
    • New steel commercial roof and brick exterior reported in excellent condition
    • Newer flooring throughout all four units
    • Each unit has separate metering and its own electrical breaker panel; water is on a single meter included in rent
    • Central air with forced‑air heating and electric heat; metal roof
    • Shared laundry room on‑site with potential for coin‑operated or app‑based equipment

    Overview

    This fully vacant fourplex offers four residential units: two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The exterior features durable brick construction in excellent condition, and major improvements include a new steel commercial roof. Newer flooring has been installed throughout all four units. Each unit is separately metered with its own electrical breaker panel, while water is served on a single meter. The property also includes a fifth shared laundry room for tenant use.

    The building is located at 103 Carolina Street in Cerro Gordo County, Iowa 50457.

    With its unit mix and separately metered electric, the property is well suited for an owner seeking a small-scale rental setup that supports straightforward utility management. Updated roofing and newer interior flooring may also help reduce near-term maintenance considerations while preparing the units for occupancy.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Storage Facility Pet Store & Service Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meservey
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.477728
    Latitude
    42.909907

    FAQs

    What type of property is this?
    Quadplex - Four-unit rental property with updated roof, newer flooring, and separately metered electric for streamlined operations.
    Where is this quadplex located?
    The property is located at 103 Carolina Street Meservey, IA.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Fully vacant fourplex with 2 two‑bedroom/1‑bath units and 2 one‑bedroom/1‑bath units; New steel commercial roof and brick exterior reported in excellent condition; Newer flooring throughout all four units
    More about this property
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