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Quadplex with Detached Garage
For Sale
$99,000

609 W Montgomery Street, Creston, IA 50801

Residential Income, Creston, IA

Property Size3,238 SF
Lot Size0.34 Acres
Price / SF$30.57
Days on Market551

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: Sep 8 Last Checked: Sep 9 at 5:06AM
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 3,238-square-foot quadplex at 609 W Montgomery Street contains four apartments with a mix of one-bedroom and two-bedroom layouts. The property was built in 1900 with frame construction, slate exterior materials, shingle roofing, hot water heating, public water, and chain-link fencing. A detached 46-by-22-foot garage provides four-car capacity.

The 0.34-acre property also includes an additional 60-by-120-foot lot. Its Creston location offers access to shops, restaurants, and local events. Residential-Multi-Family zoning supports the property's multifamily configuration, while the layout allows an owner to occupy one apartment and generate rental income from the remaining units.

Key Highlights

  • Four‑unit quadplex with one‑bedroom and two‑bedroom apartments
  • 3,238 square feet on a 0.34‑acre property
  • 46x22 four‑car detached garage

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

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 apartments offer one- and two-bedroom layouts in a residential multifamily setting.
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‑unit quadplex with one‑bedroom and two‑bedroom apartments; 3,238 square feet on a 0.34‑acre property; 46x22 four‑car detached garage
More about this property
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