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Four-Unit Apartment Building
For Sale
$120,000

538 10th Avenue, Clinton, IA 52732

Income-producing multifamily property with three rented units and one unit undergoing renovation.

Days on Market16

Property Features for 538 10th Avenue

General Information

Standard status Active
Property subtype Residential Income

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Mel Foster Co. Clinton
Listed By: Jill Sorrell · License #S62818000/475.163185
Source: Birdrealtysells
Added: Jul 16 Changed: Jul 31 Last Checked: Jul 31 at 12:41PM

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 Mel Foster Co. Clinton

Investment Insights

Based on property information with market context.

This four-unit apartment building, constructed in 1900, includes three units currently rented and one unit undergoing renovation. The property offers an existing income-producing configuration with additional unit work in progress.

Located at 538 10th Avenue in Clinton, Iowa, the property is positioned for multifamily ownership within an established residential setting. Current occupancy and the renovation status provide a clear overview of the building’s operating configuration.

Key Highlights

  • Four‑unit apartment building
  • Three units currently rented
  • One unit undergoing renovation

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Catering Service Acupuncture

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 52732, IA

25,808
Population
12,911
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
90%
High-School Grad
109.6 sq mi
ZIP Area
235
Density / Sq Mi
$58,380
Median Household Income
$37,181
Median Earnings
$768
Median Rent
$118,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Income-producing multifamily property with three rented units and one unit undergoing renovation.
Where is this quadplex located?
The property is located at 538 10th Avenue Clinton, IA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Four‑unit apartment building; Three units currently rented; One unit undergoing renovation
More about this property
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