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4-Unit Brick Quadplex
New
For Sale
$360,000

308 Center Street, Decorah, IA 52101

Three apartments are occupied, and the remaining unit can serve as a residence or rental.

Property Size3,348 SF
Price / SF$107.53
Days on Market2

Property Features for 308 Center Street

General Information

Standard status Active
Size 3,348 SF
Property subtype Multi-Family
Zoning R-2
Lease Term Over 9 Months

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,894

Amenities

vinyl windows
mini-split systems
new deck
radon mitigation system
Concrete,Finished
Laundry Closet
1600
Level
Public
0.3
Garage,Parking Space,Paved,Detached
Hard Surface Road

Building Details

Year Built 1976
Stories 2
Construction brick
Listing Agency: Century 21 Trinity
Listed By: Tina Wing
Source: Pinnaclerealtyia
Added: Sep 26 Last Checked: Sep 26 at 2:21PM

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 Century 21 Trinity

Investment Insights

Based on property information with market context.

This 3,348-square-foot brick quadplex was built in 1976 and is located on the west side of Decorah. Three of its four units are occupied; the fourth may be used by an owner or added to the rental inventory. The property has vinyl windows, mini-split heating and cooling systems, a radon mitigation system, and a deck. Unit 2 has vinyl plank flooring and fresh paint.

Three detached garage spaces and off-street parking for all four units provide on-site vehicle accommodations. A concrete driveway connects to the garages. The property is zoned R-2.

Key Highlights

  • 3,348‑square‑foot brick quadplex built in 1976
  • Three of four units are occupied
  • Three detached garage spaces, plus off‑street parking for all four units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store Parking Lot & Garage HVAC Service Furniture & Home Goods

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 52101, IA

13,186
Population
5,611
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
96%
High-School Grad
316.7 sq mi
ZIP Area
42
Density / Sq Mi
$70,046
Median Household Income
$33,090
Median Earnings
$813
Median Rent
$249,500
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?
Quadplex - Three apartments are occupied, and the remaining unit can serve as a residence or rental.
Where is this quadplex located?
The property is located at 308 Center Street Decorah, IA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 3,348‑square‑foot brick quadplex built in 1976; Three of four units are occupied; Three detached garage spaces, plus off‑street parking for all four units
More about this property
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