Updated Four-Unit
New
For Sale
$159,000
313 SE 3rd Avenue, Independence, IA 50644
The property is fully rented and has received recent updates.
Property Size3,420 SF
Price / SF$46.49
Days on Market4
Property Features for 313 SE 3rd Avenue
General Information
Standard status
Active
Size
3,420 SF
Property subtype
Multi-Family
Zoning
R-3
Occupancy
100%
Lease Term
Month To Month
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,036
Amenities
Block,Stone/Rock
1836
Public
100 x 193
0.46
Gravel,None
Building Details
Year Built
1880
Stories
2
Listing Agency:
HERITAGE COMMERCIAL REALTY
(319) 210-5984
Listed By:
Danielle Sides
(319) 210-5984
Source:
Pinnaclerealtyia
Added: Aug 13
Changed: Aug 16
Last Checked: Aug 16 at 3:03AM
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 HERITAGE COMMERCIAL REALTY
Investment Insights
Based on property information with market context.
This four-unit quadplex contains 3,420 square feet and was built in 1880. The property has received recent updates and is currently fully rented, providing an established occupancy profile for a multifamily buyer.
Located at 313 SE 3rd Avenue in Independence, Iowa, the property occupies a 0.46-acre site measuring 100 x 193 feet. R-3 zoning and the four-unit configuration define the asset’s residential income use.
Located at 313 SE 3rd Avenue in Independence, Iowa, the property occupies a 0.46-acre site measuring 100 x 193 feet. R-3 zoning and the four-unit configuration define the asset’s residential income use.
Key Highlights
- Four‑unit multifamily property
- 3,420 square feet
- Currently fully rented
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 50644, IA
8,795
Population
3,921
Households
2.2
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
145.0 sq mi
ZIP Area
61
Density / Sq Mi
$79,861
Median Household Income
$41,689
Median Earnings
$770
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - The property is fully rented and has received recent updates.
Where is this quadplex located?
The property is located at 313 SE 3rd Avenue Independence, IA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Four‑unit multifamily property; 3,420 square feet; Currently fully rented
