Duplex with Detached
New
For Sale
$89,900
505 N Main Street, Elkader, IA 52043
Residential Income, Elkader, IA
Property Size4,824 SF
Price / SF$18.64
Days on Market2
Property Features for 505 N Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking
2
Parking features
Off Street
Basement
Full
Appliances
Refrigerator, Range, Washer, Dryer, Water Softener
Subdivision
W. ELKADER LOT 3 EXC SE 10FT BLK 1 & LOT 4 BLK 1
Elementary school
Elkader-Central
Middle school
Elkader-Central
High school
Elkader-Central
Standard status
Active
APN
25-23-166-003
Size
4,824 SF
Taxes and HOA fees
Tax Annual Amount
2994
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Wood
Listing Agency:
Ole's 5 Star Realty, LLC
(563) 252-2747
Listed By:
Joe Sylvester · License #S65873
(563) 880-2201
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 3:06PM
MLS# 156106
Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1900, this four-bedroom, 2.5-bathroom property is currently operated as a duplex and can be opened into a single-family home. The property measures 4,824 square feet and includes a detached two-car garage with alley access. Wood construction, forced-air heating, window-unit cooling, and a basement are among its features. Appliances include a refrigerator, range, washer, dryer, and water softener.
The property is four blocks from downtown Elkader and one block from Central Community Schools. Residential zoning applies.
The property is four blocks from downtown Elkader and one block from Central Community Schools. Residential zoning applies.
Key Highlights
- Four‑bedroom, 2.5‑bathroom property currently used as a duplex
- 4,824 square feet; built in 1900
- Detached two‑car garage with alley access
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
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Business Placement
Demographics for 52043, IA
2,047
Population
1,015
Households
2
Avg Household Size
52
Median Age
22%
College-Educated
92%
High-School Grad
96.9 sq mi
ZIP Area
21
Density / Sq Mi
$65,202
Median Household Income
$45,807
Median Earnings
$839
Median Rent
$145,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Currently arranged as two units, the four-bedroom home can also serve as a single-family residence.
Where is this duplex located?
The property is located at 505 N Main Street Elkader, IA.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Four‑bedroom, 2.5‑bathroom property currently used as a duplex; 4,824 square feet; built in 1900; Detached two‑car garage with alley access
