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Multifamily Property with 12 Units
New
For Sale
$1,375,000

301 College St, Tiffin, IA 52340

MULTI_FAMILY - Other - Tiffin, IA

Property SizeContact for details
Days on Market2

Property Features for 301 College St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bathrooms 2
Full bathrooms 6
Rooms Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 5
Parking 4
Parking features Off Street
Interior features Pantry, LivingRoomDiningRoomCombo
Appliances RangeOrOven, Refrigerator, Dryer, Washer
Subdivision Sadler Subdivision
Lot features Cul De Sac
Elementary school ClearCreek
Middle school ClearCreek
Directions From I-80 north on S Roberts Ferry Rd, E on W 3rd St, north on College St. From Hwy 6/Marengo Rd south on S Roberts Ferry Rd, E on W 3rd St, north on College St.
Standard status Active
APN 0628427009

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12500

Utilities

Heating system Forced Air, Baseboard
Cooling system Ceiling Fan(s), Window Unit(s)

Building Details

Year built 1971
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Vinyl, Wood, Composit, Frame
Architectural style Other
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #IA B33730000
Added: Aug 3 Last Checked: Aug 4 at 6:06PM
MLS# 202604819

Copyright © 2026 Iowa City Area Association 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.

Investment Insights

Based on property information with market context.

Located at 301 College St in Tiffin, Iowa, this R4-zoned multifamily property contains 12 apartment units across four buildings on two adjacent parcels. The unit mix includes four 2-bedroom, 2-bath units, four 2-bedroom, 1-bath units, and four 1-bedroom, 1-bath units. The property was built in 1971 and features vinyl, wood, composite, and frame construction. Interiors include carpet and vinyl flooring, living room/dining room combinations, pantries, ranges, refrigerators, and select washers and dryers.

The two duplex buildings provide in-unit laundry hookups, while the two 4-plex buildings share a coin-operated laundry room. Apartments have through-the-wall or window AC units, forced-air or baseboard heating, and off-street parking. The property sits near Marengo Road and Clear Creek Middle School, with I-80 approximately one-third of a mile away. The newer parking lot and location near local conveniences support day-to-day residential operations.

Key Highlights

  • 12 apartment units in 4 buildings
  • Unit mix: four 2 bed 2 bath, four 2 bed 1 bath, and four 1 bed 1 bath units
  • Two 4‑plexes and two duplexes on two adjacent lots

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 52340, IA

4,810
Population
2,400
Households
2
Avg Household Size
33
Median Age
58%
College-Educated
99%
High-School Grad
19.1 sq mi
ZIP Area
252
Density / Sq Mi
$105,517
Median Household Income
$67,275
Median Earnings
$1,336
Median Rent
$317,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four residential buildings offer varied unit layouts, laundry options, individual heating, and off-street parking.
Where is this multifamily property located?
The property is located at 301 College St Tiffin, IA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 12 apartment units in 4 buildings; Unit mix: four 2 bed 2 bath, four 2 bed 1 bath, and four 1 bed 1 bath units; Two 4‑plexes and two duplexes on two adjacent lots
More about this property
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