4-Plex with In-Unit
18 S 5Th Street Albia, IA 52531
18 S 5Th Street, Albia, IA, 52531
$250,000
For Sale
$250,000
MULTI_FAMILY - Albia, IA
Property Size5,208 SF
Price / SF$48
Days on Market48
Property Features for 18 S 5Th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Basement
- Finished
- Standard status
- Active
- 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
Utilities
- Heating system
- Baseboard
- Water source
- Public
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 Updated: Jul 18 at 4:00AM Checked: Jul 22 at 6:06PM
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.
Investment Insights
Based on property information with market context.
This fully occupied 4-plex offers a practical unit mix of two 3-bedroom, 1-bath apartments and two 2-bedroom, 1-bath apartments. Each unit includes its own washer and dryer, supporting day-to-day convenience for residents. Outside, the property provides off-street parking and a shared courtyard designed for tenant use, including a basketball hoop and a picnic table.
The building is located at 18 S 5th Street in Albia, Iowa, in Monroe County. The setup is geared toward an easy, resident-friendly living experience, with shared outdoor space and parking available on site.
For buyers, this configuration can be an efficient way to own multiple rental units in a single property, with consistent apartment amenities across the four homes. The current fully occupied status provides immediate rental occupancy, while the well-maintained nature of the asset supports straightforward day-to-day management for an owner-operator or an expanding investor.
The building is located at 18 S 5th Street in Albia, Iowa, in Monroe County. The setup is geared toward an easy, resident-friendly living experience, with shared outdoor space and parking available on site.
For buyers, this configuration can be an efficient way to own multiple rental units in a single property, with consistent apartment amenities across the four homes. The current fully occupied status provides immediate rental occupancy, while the well-maintained nature of the asset supports straightforward day-to-day management for an owner-operator or an expanding investor.
Key Highlights
- Fully occupied 4‑plex with immediate rental income
- Unit mix: two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
- Each unit includes its own washer and dryer
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied 4-plex with two 3-bedroom and two 2-bedroom units, each with washer and dryer.
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 $250,000.
What are key features of this property?
This property features: Fully occupied 4‑plex with immediate rental income; Unit mix: two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units; Each unit includes its own washer and dryer
