Search
Two-Unit Duplex Investment
For Sale
$40,000

404 N 10TH Street, Centerville, IA 52544

MULTI_FAMILY - Centerville, IA

Property Size1,928 SF
Price / SF$20.75
Days on Market47

Property Features for 404 N 10TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Concrete, Unfinished
Directions From the Downtown Centerville square, head north on any Main Street toward the north side of town. Proceed north to 10th street, then turn and locate 404 N. 10th St. on your left or right depending on your approach. The property is just a short 5-minute drive from the heart of downtown.
Standard status Active
APN 001+340011035020000
Size 1,928 SF

Taxes and HOA fees

Tax Year 2025
Tax Description 036; Twp: 069; Rng: 018; Block: ; Lot: ; Deeded Acres: 0.000 ORIG TOWN N 1/2 LOT 5 BLK 4 RGE 1 & N 1/2 E 5' LOT 6 BLK 4 RGE 1
Tax Annual Amount 960
Legal Description 036; Twp: 069; Rng: 018; Block: ; Lot: ; Deeded Acres: 0.000 ORIG TOWN N 1/2 LOT 5 BLK 4 RGE 1 & N 1/2 E 5' LOT 6 BLK 4 RGE 1

Utilities

Sewer type Public Sewer
Heating system Baseboard

Building Details

Year built 1914
Floors in Building 2
Number of units 2
Building materials Stucco
Listing Agency: Century 21 Trinity
Listed By: Parnell Davis
Added: Jun 26 Changed: Jul 18 Last Checked: Aug 11 at 7:06PM
MLS# 6336460

Copyright © 2026 NoCoast MLS. 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 two-unit duplex offers residential income potential in a straightforward, duplex-style configuration. The owner currently covers water and trash expenses, with exact amounts to be verified. This listing also references an additional property available for sale by the same owner at 116 N. Haynes, and a bundled purchase discount is noted for buyers who purchase both properties together.

The duplex is located in Centerville, within Appanoose County, at 404 N 10TH Street. The seller has indicated both properties are available for sale, and the listing notes that an accepted offer is in place while backup offers may still be considered.

For investors or owner-operators looking for a duplex structure, this asset provides two residential units under one ownership profile, along with the practical budgeting detail that water and trash are currently covered by the owner. Buyers interested in consolidating acquisitions may also consider the referenced availability of the second property through the same seller, based on the terms described in the remarks.

Key Highlights

  • Duplex in Centerville, IA built in 1914
  • Stucco construction with baseboard heating
  • Connected to public sewer

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Bakery Grocery & Convenience Store HVAC Service Big Box & Wholesale 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 52544, IA

7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex for sale in Centerville, IA, with owner-covered water and trash expenses.
Where is this duplex located?
The property is located at 404 N 10TH Street Centerville, IA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Duplex in Centerville, IA built in 1914; Stucco construction with baseboard heating; Connected to public sewer
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message