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Historic Brick Quadplex
For Sale
$70,000
Pending

1031 N 4Th Street, Burlington, IA 52601

Residential Income, Burlington, IA

Property Size6,034 SF
Lot Size0.22 Acres
Days on Market50

Property Features for 1031 N 4Th Street

General Information

Property type Residential Multi Family
Property subtype Other
Basement Full
Subdivision ORIGINAL CITY
Directions N4Th AND IOWA ST.
Standard status Pending
APN 11-33-302-007
Size 6,034 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 565 ORIGINAL CITY N20'LOT 566
Tax Annual Amount 1808
Legal Description 565 ORIGINAL CITY N20'LOT 566

Building Details

Year built 1880
Floors in Building 2
Number of units 4
Building materials Brick, Wood Siding
Listing Agency: Thrive Realty
Listed By: Kage Evans
Added: Aug 9 Changed: Sep 8 Last Checked: Sep 27 at 3:06AM
MLS# 6341385

Copyright © 2026 NoCoast MLS. 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 1880, this 6,034-square-foot quadplex combines brick and wood-siding construction with period interior details, including marble fireplaces, hardwood flooring, and crown molding. The property is configured for a four-family conversion under R-4 zoning and includes an additional three-bedroom unit accessed from the Iowa Street side. Its condition calls for renovation, creating a substantial restoration project for a buyer prepared to complete the work.

The property occupies 0.22 acres at 1031 N 4th Street in Burlington, Iowa, within Des Moines County. A view toward the Mississippi River adds to the setting, while the historic construction and multiple-unit configuration provide a distinctive residential income property profile.

Key Highlights

  • 6,034‑square‑foot quadplex built in 1880
  • R‑4 zoning with four‑family conversion designation
  • Additional 3‑bedroom unit on the Iowa Street side

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Furniture & Home Goods Real Estate Agency Computer & Electronic Repair Catering Service Grocery & Convenience Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 52601, IA

27,899
Population
14,107
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
109.3 sq mi
ZIP Area
255
Density / Sq Mi
$57,123
Median Household Income
$35,594
Median Earnings
$921
Median Rent
$125,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - R-4 zoning supports a four-family conversion, with a separate three-bedroom unit on the Iowa Street side.
Where is this quadplex located?
The property is located at 1031 N 4Th Street Burlington, IA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 6,034‑square‑foot quadplex built in 1880; R‑4 zoning with four‑family conversion designation; Additional 3‑bedroom unit on the Iowa Street side
More about this property
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