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12-Unit Multifamily Property

301 College Street Unit & 303, Tiffin, IA 52340

For Sale
$1,375,000

Multi-building apartment community with on-site laundry, individual utilities, and a newer parking lot.

Property SizeContact for details
Days on Market169

Property Features for 301 College Street Unit & 303

General Information

Standard status Active
Property subtype Multi-family
Lease Term []

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 4 x 2BR/2BA, 4 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 12

Amenities

laundry hookups in units
common coin operated laundry
through-the-wall AC
individual gas heat and water

Building Details

Year Built 1971
Buildings 4
Listing Agency: Lepic-Kroeger,REALTORS
Listed By: Jeff Edberg · License IA B33730000
Source: Cbhrealty
Added: May 26 Changed: Nov 10 Last Checked: Nov 10 at 7:52AM

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 Lepic-Kroeger,REALTORS

Rey
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Investment Insights

Based on property information with market context.

This multifamily property at 301 College Street and 303 College Street in Tiffin comprises 12 apartment units across four buildings on two adjacent lots. The configuration includes two fourplexes and two duplexes, with four two-bedroom, two-bath units, four two-bedroom, one-bath units, and four one-bedroom, one-bath units. Units are described as well maintained and in good condition. Each apartment has a through-the-wall air-conditioning unit, individual gas heat, and individual water service. The duplexes include in-unit laundry hookups, while the fourplexes share a coin-operated laundry room.

The property sits off a quiet cul-de-sac, one block south of Marengo Road and one block east of Clear Creek Middle School. Interstate 80 is approximately one-third of a mile away. A newer parking lot serves the buildings, and multiple long-term tenants are in place. The property was built in 1971.

Key Highlights

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

Property Analytics

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Lease Details

12
Residential units
Yes
Highway access
Yes
Paved road 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
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Market

Average Price Trend$/SF for Multifamily properties in Johnson County, IA

$220 Jul
$259 Aug
$249 Sep
$245 Oct

Properties on Market for Multifamily properties in Johnson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Multi-building apartment community with on-site laundry, individual utilities, and a newer parking lot.
Where is this multifamily property located?
The property is located at 301 College Street Unit & 303 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 across 4 buildings on 2 adjacent lots; Unit mix includes four 2 bed 2 bath, four 2 bed 1 bath, and four 1 bed 1 bath units; Two 4‑plexes and two duplexes
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