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427 E State Street Centerville, IA 52544

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Fully occupied four-unit property with remodeled units and coin laundry.

Type:Multifamily
Added:
Feb 3, 2026
Days on Market:
76
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 427 E State Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1900

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Listing Contact
Anthony Gevock

Listing agent Anthony Gevock License #IA S65948

Listing office Remax Pride Inc

Listing date Feb 3, 2026

Source Crexi

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 Remax Pride Inc


Overview

Income-Producing Four-Unit Multifamily Property

This is a four-unit income-producing property that is fully occupied, generating $2,450 in monthly rent. All four units have been remodeled, enhancing their appeal to renters. The entryway to the four-plex has also been remodeled and features four large storage lockers, along with coin-operated laundry facilities for tenant use. The property consists of two units on the main level and two units on the upper level. Three units are accessible from the inside, while one unit is accessed from the outside. The landlord is responsible for water and gas expenses. The property has four separate electric meters.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Centerville
County
Appanoose
State
Iowa
Longitude
-92.870699
Latitude
40.734275

FAQs

What type of property is this?
Quadplex - Fully occupied four-unit property with remodeled units and coin laundry.
Where is this quadplex located?
The property is located at 427 E State Street Centerville, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Completely occupied 4‑unit property generating $2,450 in monthly rent.; All four units have been remodeled, increasing rentability.; Remodeled spacious entryway with 4 large storage lockers.
More about this property
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