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12-Unit Multifamily Property
For Sale
$1,375,000

301 College St, Tiffin, IA 52340

Residential, Tiffin, IA

Property SizeContact for details
Days on Market51

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 2, Bathroom 6, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 5
Parking 4
Parking features Off Street
Interior features Pantry, LivingRoomDiningRoomCombo
Appliances Dryer, RangeOrOven, Refrigerator, 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 Baseboard, Forced Air
Cooling system Ceiling Fan(s), Window Unit(s)

Amenities

laundry hookups in units
common coin-operated laundry room
through-the-wall AC
parking lot

Building Details

Year built 1971
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Composit, Vinyl, Wood, Frame
Architectural style Other
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Added: Aug 3 Changed: Sep 14 Last Checked: Sep 22 at 10:06PM
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.

This multifamily property includes 12 apartment units across four buildings on two adjacent parcels. The unit mix comprises four two-bedroom, two-bath apartments; four two-bedroom, one-bath apartments; and four one-bedroom, one-bath apartments. Two buildings are fourplexes and two are duplexes. Duplex units include in-unit washer and dryer hookups, while the fourplexes share a coin-operated laundry room. Apartments feature through-the-wall air conditioning, individual gas heat and water, vinyl and carpet flooring, and a combination of living and dining areas. The property was built in 1971 and includes a newer parking lot with off-street parking.

Located at 301 College St in Tiffin, the two parcels sit near a quiet cul-de-sac, approximately one block south of Marengo Rd and one block east of Clear Creek Middle School. I-80 is about one-third of a mile away, providing direct highway access for regional commuters. Units are described as well kept and in good condition, with many long-term tenants in place. Showings require 48-hour notice.

Key Highlights

  • 12 apartment units in 4 buildings
  • Unit mix includes four 2 bed/2 bath, four 2 bed/1 bath, and four 1 bed/1 bath apartments
  • Two 4‑plexes and two duplexes occupy 2 adjacent parcels

Property Analytics

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Current Use

Duplexes

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
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Four residential buildings offer varied apartment layouts, resident laundry options, and off-street parking near I-80.
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 includes four 2 bed/2 bath, four 2 bed/1 bath, and four 1 bed/1 bath apartments; Two 4‑plexes and two duplexes occupy 2 adjacent parcels
More about this property
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