4-Unit Quadplex with Shared
For Sale
Under Contract
$235,000
18 S 5Th Street, Albia, IA 52531
Residential Income, Albia, IA
Property Size5,208 SF
Price / SF$45.12
Days on Market142
Property Features for 18 S 5Th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Basement
Finished
Directions
Head E on Benton Ave, turn R onto 5th St--apartments are on the L.
Standard status
Active Under Contract
APN
210-0-03-018-000-000
Size
5,208 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
MOCKS 1ST ADD LOT 5 & W 10' LOT 6 BLOCK 4
Tax Annual Amount
2246
Legal Description
MOCKS 1ST ADD LOT 5 & W 10' LOT 6 BLOCK 4
Utilities
Heating system
Baseboard
Water source
Public
Amenities
washer and dryer
off-street parking
shared courtyard
basketball hoop
picnic table
Building Details
Year built
1974
Floors in Building
2
Number of units
4
Building materials
Stucco, Brick
Listing Agency:
RE/MAX Pride Ottumwa
(641) 683-3777
Listed By:
Kayla McConnell
(641) 799-3191
Added: Jun 5
Changed: Oct 20
Last Checked: Oct 24 at 4:06PM
MLS# 6339077
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.
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Investment Insights
Based on property information with market context.
This 5,208-square-foot quadplex in Albia contains two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Each apartment has its own washer and dryer. The building was constructed in 1974 with stucco and brick exterior materials, baseboard heating, and a public water source. All four units are occupied.
Residents have access to off-street parking and a common courtyard furnished with a picnic table and basketball hoop. The property is located at 18 S 5th Street in Albia, Iowa.
Residents have access to off-street parking and a common courtyard furnished with a picnic table and basketball hoop. The property is located at 18 S 5th Street in Albia, Iowa.
Key Highlights
- Four units: two 3‑bedroom, 1‑bath apartments and two 2‑bedroom, 1‑bath apartments
- 5,208 square feet; built in 1974
- Washer and dryer in each unit
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
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Business Placement
Demographics for 52531, IA
5,817
Population
2,724
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
96%
High-School Grad
223.0 sq mi
ZIP Area
26
Density / Sq Mi
$74,081
Median Household Income
$48,953
Median Earnings
$741
Median Rent
$140,700
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 - The four-unit property includes in-unit laundry and shared outdoor recreation space.
Where is this quadplex located?
The property is located at 18 S 5Th Street Albia, IA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Four units: two 3‑bedroom, 1‑bath apartments and two 2‑bedroom, 1‑bath apartments; 5,208 square feet; built in 1974; Washer and dryer in each unit
