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Fourplex with Detached Garage
For Sale
$99,000

609 W Montgomery Street, Creston, IA 50801

MULTI_FAMILY - Creston, IA

Property Size3,238 SF
Lot Size0.34 Acres
Price / SF$30.57
Days on Market540

Property Features for 609 W Montgomery Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Residential-Multi-Family
Parking features Garage - Detached
Fencing Chain Link
Basement Partial
Lot features Tree Coverage - Light
Directions Turn East off Sumner Ave to West Montgomery go 2 blocks property will be on the north side of the road
Standard status Active
APN 0501381010
Size 3,238 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description W C SEC A LOT 94 & W C SEC A LOT 95
Tax Annual Amount 1615
Legal Description W C SEC A LOT 94 & W C SEC A LOT 95

Utilities

Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 4
Building materials Frame, Slate
Roof type Shingle
Listing Agency: Callahan Real Estate
Listed By: Ken Callahan · License #***
Added: Mar 7, 2025 Changed: Jul 18 Last Checked: Aug 29 at 7:06PM
MLS# 6325470

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fourplex includes four apartment units, offering a mix of one-bedroom and two-bedroom layouts. The property also features a detached four-car garage measuring 46 by 22, along with an additional 60 by 120 lot. With a total building size of 3,238 square feet, it presents a straightforward residential income configuration.

The property is zoned Residential-Multi-Family. Public remarks note convenient access to shops, restaurants, and events, supporting practical daily livability for tenants.

The site is listed with a lot size of 0.34 acres, providing room for the detached garage and the additional parcel area included with the sale.

Key Highlights

  • Four‑plex property ideal for generating rental income.
  • Includes a large 4‑car detached garage (46x22).
  • Features an additional large lot (60x120).

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Accounting Firm Catering Service HVAC Service

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 50801, IA

9,245
Population
4,566
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
207.2 sq mi
ZIP Area
45
Density / Sq Mi
$55,453
Median Household Income
$35,522
Median Earnings
$676
Median Rent
$120,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four-unit apartment building with one- and two-bedroom units and a detached four-car garage plus an additional lot.
Where is this quadplex located?
The property is located at 609 W Montgomery Street Creston, IA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Four‑plex property ideal for generating rental income.; Includes a large 4‑car detached garage (46x22).; Features an additional large lot (60x120).
More about this property
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