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4-Unit Apartment Building with Garages

415 2nd St, Victor, IA 52347

For Sale
$275,000

Each residence combines two bedrooms and a full bath with a single-car garage.

Property Size3,144 SF
Price / SF$87.47
Days on Market10

Property Features for 415 2nd St

General Information

Standard status Active
Size 3,144 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,902
Listing Agency: All In Real Estate Inc
Listed By: Dedee Lehman · License #***
Source: Exprealty
Added: Oct 28 Changed: Nov 3 Last Checked: Nov 6 at 10:43AM

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 All In Real Estate Inc

Rey
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Investment Insights

Based on property information with market context.

The 3,144-SF quadplex contains four single-level apartments, each with two bedrooms and one full bathroom. Interior features include dishwashers, abundant natural light, double bedroom closets, and a separate linen closet. A shared laundry area is positioned near a secured room for utilities or owner storage, and every apartment has an extended single-car garage. Vacancy remained at 0% for four years.

Located in Victor, Iowa, the property is two miles from Interstate 80, between Des Moines and Iowa City.

Key Highlights

  • Four apartments totaling 3,144 SF
  • 0% vacancy for the past four years
  • Each unit has two bedrooms, one full bathroom, and an extended single‑car garage

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 52347, IA

1,392
Population
573
Households
2.4
Avg Household Size
44
Median Age
20%
College-Educated
95%
High-School Grad
63.8 sq mi
ZIP Area
22
Density / Sq Mi
$75,859
Median Household Income
$41,188
Median Earnings
$742
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Quadplex - Each residence combines two bedrooms and a full bath with a single-car garage.
Where is this quadplex located?
The property is located at 415 2nd St Victor, IA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Four apartments totaling 3,144 SF; 0% vacancy for the past four years; Each unit has two bedrooms, one full bathroom, and an extended single‑car garage
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