4-Unit Apartment
New
For Sale
$150,000
1438 5th Ave N, Fort Dodge, IA 50501
All four apartments are occupied, with two on each floor and a private entrance for every unit.
Property Size2,128 SF
Price / SF$70.49
Days on Market6
Property Features for 1438 5th Ave N
General Information
Standard status
Active
Size
2,128 SF
Property subtype
Residential Income
Occupancy
100%
Financials
Asking Price
$150,000
Gross Income
$31,200
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,160
Building Details
Buildings
1
Stories
2
Listing Agency:
One Stop Realty
(515) 689-8987
Listed By:
Jerry Wagner
(515) 351-2439
Source:
Exprealty
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 8:49AM
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 One Stop Realty
Investment Insights
Based on property information with market context.
This two-story fourplex contains four one-bedroom, one-bathroom apartments across approximately 2,128 square feet. Two units are on the main floor and two are upstairs; each has a separate entrance, refrigerator, and stove. The building also includes a full basement, off-street parking, and forced-air heating. Public water and sewer serve the property, and the landlord pays all utilities.
The upstairs apartments have been remodeled, and the exterior was painted in 2023. Two 40-gallon water heaters were replaced in 2021 and 2023. All four apartments are currently occupied.
The upstairs apartments have been remodeled, and the exterior was painted in 2023. Two 40-gallon water heaters were replaced in 2021 and 2023. All four apartments are currently occupied.
Key Highlights
- Four one‑bedroom, one‑bathroom apartments in a two‑story building
- Approximately 2,128 square feet with two units on each floor
- Private entrance, refrigerator, and stove in each apartment
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
Explore this area
Business Placement
Demographics for 50501, IA
28,492
Population
13,198
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
92%
High-School Grad
152.2 sq mi
ZIP Area
187
Density / Sq Mi
$66,130
Median Household Income
$36,934
Median Earnings
$779
Median Rent
$139,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - All four apartments are occupied, with two on each floor and a private entrance for every unit.
Where is this quadplex located?
The property is located at 1438 5th Ave N Fort Dodge, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom apartments in a two‑story building; Approximately 2,128 square feet with two units on each floor; Private entrance, refrigerator, and stove in each apartment
