Four-Unit Apartment
1612 2nd St. SW, Independence, IA 50644
For Sale
$249,500
Pending
Each residence includes two bedrooms, a living room, and a kitchen, with shared coin-operated laundry and off-street parking.
Property Size3,136 SF
Days on Market10
Property Features for 1612 2nd St. SW
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Taxes and HOA fees
Annual Taxes
Amenities
coin-operated washer/dryer
off-street parking
Listing Agency:
RE/MAX Independence Realty
(319) 334-5703
Listed By:
James Hughes
(319) 440-6649
Source:
Exprealty
Added: Oct 29
Changed: Oct 31
Last Checked: Nov 6 at 2:07PM
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 RE/MAX Independence Realty
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 3,136 square feet. Each apartment has two bedrooms, one bathroom, a living room, and a kitchen. A coin-operated washer and dryer serve the building, and off-street parking is available.
The property is located in Independence, Iowa, near schools. The landlord covers gas heat, lawn care, and snow removal; residents are responsible for electricity, water, sewer, and garbage.
The property is located in Independence, Iowa, near schools. The landlord covers gas heat, lawn care, and snow removal; residents are responsible for electricity, water, sewer, and garbage.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 3,136 square feet across the property
- Coin‑operated washer and dryer on site
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
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Business Placement
Demographics for 50644, IA
8,795
Population
3,921
Households
2.2
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
145.0 sq mi
ZIP Area
61
Density / Sq Mi
$79,861
Median Household Income
$41,689
Median Earnings
$770
Median Rent
$174,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes two bedrooms, a living room, and a kitchen, with shared coin-operated laundry and off-street parking.
Where is this quadplex located?
The property is located at 1612 2nd St. SW Independence, IA.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 3,136 square feet across the property; Coin‑operated washer and dryer on site
