Multifamily

Independence, IA Multifamily Properties for Sale

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Quasqueton, IA Jesup, IA Hazleton, IA Brandon, IA Fairbank, IA Oelwein, IA La Porte City, IA Coggon, IA
Updated Four-Unit Quadplex
Updated: Aug 13
Updated Four-Unit Quadplex

313 SE 3rd Avenue, Independence, IA 50644

$159,000
3,420 sqft
Four‑unit multifamily property
3,420 square feet
Currently fully rented
Recent updates completed
R‑3 zoning
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Triplex Rental Property
Updated Triplex Rental Property

400 S Frederick, Oelwein, IA 50662

$165,000
2,589 sqft

Fully rented three-unit property with recent updates and a 1940 construction date.

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Duplex with In-Unit Laundry
Duplex with In-Unit Laundry

101 S Washington Street, Dunkerton, IA 50626

$170,000
0.13 AC lot

Duplex in Dunkerton with in-unit laundry for both units and tenant-paid utilities under long-term leases.

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Mixed-Use Retail and Apartments Building
Mixed-Use Retail and Apartments Building

1 S Frederick Avenue, Oelwein, IA 50662

Contact for pricing
9,510 sqft

Seven income-producing units combine upper-level apartments with retail space, including a vacant main-area opportunity.

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Tenant-Occupied Duplex
Tenant-Occupied Duplex

101 S Washington Street, Dunkerton, IA 50626

$170,000

Two residential units offer in-unit laundry, separate layouts, and existing leases with tenants responsible for utilities.

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Independence, IA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Independence, IA on our real estate platform. These investment opportunities span a total of 3,420 square feet of properties for sale, with an estimated market value of $159,000.

Sale prices for multifamily properties in Independence, IA average $159,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 1

Demographics Overview

Population 8,475
Population Growth (5Y) -4.2%
Median Household Income $79,861
College Educated 32.6%

Taxes & Financing

Tax Rate (average for all types) 2.41%
Property Tax per SF $22.18 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

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