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4-Unit Apartment Building
New
For Sale
$275,000

415 2Nd Street, Victor, IA 52347

Residential Income, Victor, IA

Property Size3,144 SF
Lot Size0.17 Acres
Price / SF$87.47
Days on Market3

Property Features for 415 2Nd Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Residential-Multi-Family
Parking features Open, Garage - Detached, Assigned
Directions I-80 Exot 205, 2 miles north on Co. Rd. V38 into Victor.
Standard status Active
APN 863005041
Size 3,144 SF
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description N 1/2 LOTS 4 & 6 O T
Tax Annual Amount 2902
Legal Description N 1/2 LOTS 4 & 6 O T

Utilities

Heating system Hot Water(Heating)
Water source Public

Amenities

dishwashers
laundry machines
storage room

Building Details

Year built 1996
Floors in Building 1
Number of units 4
Building materials Metal Siding
Roof type Metal
Buildings 1
Listing Agency: All In Real Estate Inc
Listed By: Dedee Lehman · License #***
Added: Oct 28 Changed: Oct 30 Last Checked: Oct 30 at 3:06PM
MLS# 6344092

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.

Rey
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Investment Insights

Based on property information with market context.

This 1996 apartment property in Victor contains four single-level units, each with two bedrooms and one full bathroom. The apartments include dishwashers, bedroom closets and linen storage. A detached garage is assigned to each unit, while laundry facilities and a secured utility or owner storage room are located within the building. The structure has metal siding and a metal roof, with hot-water heating and public water service. The property occupies 0.17 acres and contains 3,144 square feet.

Located at 415 2nd Street, the building is approximately two miles from Interstate 80. Victor is positioned between Des Moines and Iowa City, with other surrounding towns also within driving distance.

Key Highlights

  • Four apartment units, each with two bedrooms and one full bathroom
  • 3,144 square feet on a 0.17‑acre lot
  • One detached garage assigned to each apartment

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

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 - Four apartments offer individual garages, with shared laundry and storage inside the building.
Where is this quadplex located?
The property is located at 415 2Nd Street 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 apartment units, each with two bedrooms and one full bathroom; 3,144 square feet on a 0.17‑acre lot; One detached garage assigned to each apartment
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