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4-Unit Apartment Building
New
For Sale
$150,000

1438 5th Ave N, Fort Dodge, IA 50501

Residential Income, Fort Dodge, IA

Property Size2,128 SF
Lot Size0.09 Acres
Price / SF$70.49
Days on Market4

Property Features for 1438 5th Ave N

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Rooms Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2
Parking 4
Exterior features Gravel Drive
Elementary school district Fort Dodge
Middle school district Fort Dodge
High school district Fort Dodge
Subdivision Webster
Standard status Active
Size 2,128 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 1160

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Number of units 4
Roof type Asphalt
Listing Agency: One Stop Realty, LLC
Listed By: Jerry Wagner
Added: Oct 20 Last Checked: Oct 23 at 3:06AM
MLS# 30331

Copyright © 2026 Fort Dodge Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This two-story apartment property contains four one-bedroom, one-bathroom units across approximately 2,128 square feet. Two apartments are on the main level and two are upstairs, with an individual entrance for each. Refrigerators and stoves are included in the units. The building is currently fully occupied and has a full basement, off-street parking, forced-air heating, and window-unit cooling.

The 0.09-acre property is served by public water and sewer. Two 40-gallon water heaters were replaced in 2021 and 2023, respectively. Exterior features include a gravel drive, and the roof is asphalt.

Key Highlights

  • Four one‑bedroom, one‑bathroom apartments in a two‑story building
  • Approximately 2,128 square feet on a 0.09‑acre lot
  • Two apartments on each level, each with a private entrance

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,009
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four separate apartments occupy two levels, each with a private entrance and refrigerator and stove.
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 on a 0.09‑acre lot; Two apartments on each level, each with a private entrance
More about this property
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