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Renovated Duplex with Detached Garage
New
For Sale
$359,000

601 Day Street, Decorah, IA 52101

Updated two-level property offers flexible owner-occupant or rental use.

Property Size1,832 SF
Price / SF$195.96
Days on Market3

Property Features for 601 Day Street

General Information

Standard status Active
Size 1,832 SF
Property subtype Multi-Family
Zoning R-1
Occupancy 50%
Lease Term Month To Month

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,572

Amenities

washer and dryer
mini-split heating and A/C systems
Brick/Mortar
1st Floor,2nd Floor,Laundry Room
1024
Public
37x132
0.11
Garage,Detached

Building Details

Year Built 1910
Year Renovated 2024
Buildings 1
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Jaime Hymer
Source: Pinnaclerealtyia
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 1:15PM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

Located at 601 Day Street in Decorah, Iowa, this 1,832-square-foot duplex contains 4 bedrooms and 2 bathrooms across two levels. The property was comprehensively updated in 2024, including installation of a new steel roof, new washer and dryer units, and efficient mini-split heating and air conditioning serving both floors. A detached garage and yard add useful exterior space.

The furnished upper apartment is occupied under a long-term rental arrangement, while the lower unit is available for an owner or new tenant. The layout can also be adapted for single-family use, creating flexibility for an owner-occupant, continued two-unit operation, or full-house occupancy. The R-1-zoned property is within walking distance of downtown, restaurants, parks, local shops, and the Trout Run Trail.

Key Highlights

  • 1,832‑square‑foot duplex with 4 bedrooms and 2 bathrooms
  • Updated throughout in 2024 with a new steel roof
  • Furnished upper unit rented long‑term; lower unit available

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Garden Center (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store

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

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

Demographics for 52101, IA

13,186
Population
5,611
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
96%
High-School Grad
316.7 sq mi
ZIP Area
42
Density / Sq Mi
$70,046
Median Household Income
$33,090
Median Earnings
$813
Median Rent
$249,500
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?
Duplex - Updated two-level property offers flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 601 Day Street Decorah, IA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 1,832‑square‑foot duplex with 4 bedrooms and 2 bathrooms; Updated throughout in 2024 with a new steel roof; Furnished upper unit rented long‑term; lower unit available
More about this property
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