Ranch Fourplex With Shared
For Sale
$120,000
103 Carolina Street, Meservey, IA 50457
MultiFamily, IA
Property Size2,819 SF
Price / SF$42.57
Days on Market53
Property Features for 103 Carolina Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R-4
Bedrooms
6
Rooms
Basement, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 3
Lot features
Corner Lot
Elementary school district
Central Springs
Middle school district
Central Springs
High school district
Central Springs
Directions
From Des Moines, IA, to 103 Carolina St, Meservey, IA 50457: Get onto I-35 North from your location in Des Moines. Stay on I-35 North for approximately 90 miles toward Mason City. Take Exit 194 for County Road B60 / Swaledale. Turn left (west) onto B60 and continue for about 8 miles. Turn right (north) onto S14 / Jonquil Ave toward Meservey. Continue into Meservey. Turn left onto Carolina St. Continue to 103 Carolina St, which will be on your route.
Subdivision
Meservey
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
Legal 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
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
shared laundry room
Building Details
Floors in Building
1
Number of units
4
Roof type
Metal
Architectural style
Ranch
Listing Agency:
EXP Realty, LLC
(833) 835-5566
Listed By:
Fernando Aveiga
(515) 782-5174
Added: Jul 8
Changed: Aug 20
Last Checked: Aug 29 at 5:06PM
MLS# 744210
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.
Investment Insights
Based on property information with market context.
This 2,819-square-foot ranch-style fourplex contains four residential units: two with 2 bedrooms and two with 1 bedroom, with 1 bath in each unit. The property is fully vacant and includes newer flooring throughout, a new steel roof, and a brick exterior. Heating is provided by forced air and electric systems, with central air conditioning.
Each apartment has its own electrical meter and breaker panel, while the water service is measured through one shared meter. A separate laundry room serves the building. The property is zoned R-4 and also includes basement space.
Each apartment has its own electrical meter and breaker panel, while the water service is measured through one shared meter. A separate laundry room serves the building. The property is zoned R-4 and also includes basement space.
Key Highlights
- Four‑unit property with two 2‑bedroom units and two 1‑bedroom units
- 2,819 square feet with 1 bath in each unit
- New steel roof, brick exterior, and newer flooring throughout
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 50457, IA
361
Population
225
Households
1.6
Avg Household Size
44
Median Age
11%
College-Educated
88%
High-School Grad
34.0 sq mi
ZIP Area
11
Density / Sq Mi
$47,321
Median Household Income
$34,250
Median Earnings
$667
Median Rent
$94,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Vacant four-unit property with a varied bedroom mix, separate electric metering, and shared laundry space.
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: Four‑unit property with two 2‑bedroom units and two 1‑bedroom units; 2,819 square feet with 1 bath in each unit; New steel roof, brick exterior, and newer flooring throughout
