Four-Unit Residential Income
New
For Sale
$150,000
1438 5th Avenue N, Fort Dodge, IA 50501
Residential Income, Fort Dodge, IA
Property Size2,128 SF
Lot Size0.09 Acres
Price / SF$70.49
Days on Market7
Property Features for 1438 5th Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Basement
Unfinished, Sump Pump, Full, Block
Lot features
Corner Lot
Directions
From 1st Ave N, north on N 15th St, east on 5th Ave N to property.
Standard status
Active
APN
0720178017
Size
2,128 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
20-89-28 FTD LANDS INSIDE E57' S1/2 LOT 1 LOT 13 AUD SD
Tax Annual Amount
1160
Legal Description
20-89-28 FTD LANDS INSIDE E57' S1/2 LOT 1 LOT 13 AUD SD
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Building materials
Wood Siding
Listing Agency:
One Stop Realty
(515) 689-8987
Listed By:
Jerry Wagner
(515) 351-2439
Added: Sep 21
Changed: Sep 24
Last Checked: Sep 27 at 12:06PM
MLS# 6342941
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.
This two-story quadplex contains approximately 2,128 square feet arranged as four one-bedroom, one-bathroom apartments. Two units are located on each level, and every apartment has a separate entrance plus a refrigerator and stove. The property also includes a full basement, off-street parking, forced-air heating, public water, and public sewer.
All four apartments are occupied, with the landlord paying utilities. The building has wood siding, and the upstairs units have undergone prior remodeling. Two 40-gallon water heaters were replaced in 2021 and 2023, while the exterior was painted in 2023. The property sits on a 0.09-acre lot and was built in 1900.
All four apartments are occupied, with the landlord paying utilities. The building has wood siding, and the upstairs units have undergone prior remodeling. Two 40-gallon water heaters were replaced in 2021 and 2023, while the exterior was painted in 2023. The property sits on a 0.09-acre lot and was built in 1900.
Key Highlights
- Four occupied one‑bedroom, one‑bathroom apartments
- Approximately 2,128 square feet in a two‑story layout
- Private entrances, refrigerators, and stoves in all units
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 - Fully leased two-story building with private-entry apartments, off-street parking, and a full basement.
Where is this quadplex located?
The property is located at 1438 5th Avenue 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 occupied one‑bedroom, one‑bathroom apartments; Approximately 2,128 square feet in a two‑story layout; Private entrances, refrigerators, and stoves in all units
