Updated Triplex Rental
New
For Sale
$165,000
400 S Frederick, Oelwein, IA 50662
Fully rented three-unit property with recent updates and a 1940 construction date.
Property Size2,589 SF
Price / SF$63.73
Days on Market3
Property Features for 400 S Frederick
General Information
Standard status
Active
Size
2,589 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Year Built
1940
Listing Agency:
Miehe Commercial Real Estate
(319) 290-4352
Listed By:
Michael Fain
Source:
Kwlegacyrealty
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 16 at 3:07AM
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 Miehe Commercial Real Estate
Investment Insights
Based on property information with market context.
This multifamily property includes three residential units totaling 2589 SF. Built in 1940, the property has received recent updates and is currently fully rented. The asset is located at 400 S Frederick in Oelwein, Iowa 50662, providing a compact residential rental configuration for buyers seeking an occupied multifamily property.
Key Highlights
- Three‑unit multifamily rental property
- 2589 SF total property size
- Currently fully rented
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 50662, IA
6,693
Population
3,260
Households
2.1
Avg Household Size
44
Median Age
16%
College-Educated
92%
High-School Grad
70.4 sq mi
ZIP Area
95
Density / Sq Mi
$49,145
Median Household Income
$37,378
Median Earnings
$760
Median Rent
$108,200
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?
Triplex - Fully rented three-unit property with recent updates and a 1940 construction date.
Where is this triplex located?
The property is located at 400 S Frederick Oelwein, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three‑unit multifamily rental property; 2589 SF total property size; Currently fully rented
