Building Details

Year Built 1973

Stories 1

Construction brick

Tenancy Multi

Listing Agency: Kolbet Realtors

Listed By: Kevin Kolbet, Philip Kolbet · License #B01509000 Show Phone

Source: Kwlegacyrealty

Added: Jul 20 Changed: Sep 8 Last Checked: Aug 25 at 9:14AM

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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 Kolbet Realtors

Investment Insights

Based on property information with market context.

This is a brick, one-story fourplex with a steel roof. The property is fully occupied and includes appliances with the units. Off-street parking is provided with paved spaces, and the building is situated on a corner lot.

The asset is available for sale and is described as having an excellent rental history.

From a practical standpoint, the property offers a compact, manageable four-unit residential income setup with parking on-site and an all-brick exterior.

Key Highlights

• Brick one‑story four‑plex built in 1973 with a steel roof
• Fully occupied fourplex
• Nice corner lot

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Grocery & Convenience Store Big Box & Wholesale Store Auto Repair Shop

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

4

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

39

Businesses Nearby

Explore this area Business Placement

Demographics for 50471, IA

621

Population

303

Households

2

Avg Household Size

39

Median Age

22%

College-Educated

95%

High-School Grad

42.9 sq mi

ZIP Area

14

Density / Sq Mi

$85,625

Median Household Income

$45,000

Median Earnings

$866

Median Rent

$112,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Quadplex - Brick one-story fourplex on a corner lot with off-street paved parking and steel roof, fully occupied.

Where is this quadplex located?

The property is located at 605 1st St Rudd, IA.

What is the asking price?

The asking price for this property is $220,000.

What are key features of this property?

This property features: Brick one‑story four‑plex built in 1973 with a steel roof; Fully occupied fourplex; Nice corner lot