One-Story Four-Unit
New
For Sale
$150,000
705 Grundy Avenue, Reinbeck, IA 50669
Four currently rented apartments offer one bedroom and one bathroom each, with additional land available for parking.
Property Size2,880 SF
Price / SF$52.08
Days on Market3
Property Features for 705 Grundy Avenue
General Information
Standard status
Active
Size
2,880 SF
Property subtype
Multi-Family
Zoning
R-3
Occupancy
100%
Lease Term
Month To Month
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,526
Amenities
Slab
2880
Public
48x110
Gravel,None
Hard Surface Road
Building Details
Year Built
1976
Buildings
1
Stories
1
Listing Agency:
Barkalow & Associates, Realtors
(319) 393-0900
Listed By:
Ali Rashid
(319) 333-2886
Source:
Pinnaclerealtyia
Added: Sep 11
Changed: Sep 12
Last Checked: Sep 13 at 5:27AM
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 Barkalow & Associates, Realtors
Investment Insights
Based on property information with market context.
Built in 1976, this single-story quadplex contains four apartments within approximately 2,880 square feet. Each residence is configured with one bedroom and one bathroom, and all four units are currently rented. The property is served by slab construction and fronts a hard-surface road.
An additional parcel lies east of the building and provides space for parking. The property is located at 705 Grundy Avenue in Reinbeck, Iowa, and carries R-3 zoning. Exterior details include a 48x110 feature and gravel elements.
An additional parcel lies east of the building and provides space for parking. The property is located at 705 Grundy Avenue in Reinbeck, Iowa, and carries R-3 zoning. Exterior details include a 48x110 feature and gravel elements.
Key Highlights
- Four‑unit property with all apartments currently rented
- Each apartment includes 1 bedroom and 1 bathroom
- 2,880 square feet of building area
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
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Business Placement
Demographics for 50669, IA
2,335
Population
1,161
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
98%
High-School Grad
96.7 sq mi
ZIP Area
24
Density / Sq Mi
$83,636
Median Household Income
$42,467
Median Earnings
$828
Median Rent
$165,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four currently rented apartments offer one bedroom and one bathroom each, with additional land available for parking.
Where is this quadplex located?
The property is located at 705 Grundy Avenue Reinbeck, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Four‑unit property with all apartments currently rented; Each apartment includes 1 bedroom and 1 bathroom; 2,880 square feet of building area
