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    Altoona, IA Quadplexes for Sale

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    Bondurant, IA Des Moines, IA Pleasant Hill, IA
    Altoona Four Unit Multifamily House
    $350,000
    1,690 SF
    Altoona Four Unit Multifamily House

    202 3rd Street SE, Altoona, IA 50009

    Four-unit house near downtown Altoona with long-term tenants.
    • 4‑unit house near downtown Altoona: two 2BR/1BA units and two 1BR/1BA units
    • Monthly income of $2,700; long‑term tenants in the bottom units
    • Owner pays all utilities
    • Boiler system is new and the roof is newer
    • Public water and public sewer
    Updated: Mar 2
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Altoona, 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.

    Duplex Portfolio with Shared Drive
    $590,000
    3,499 SF
    Duplex Portfolio with Shared Drive

    Two side-by-side duplexes offer four 3-bedroom units with finished basements and tenant-paid utilities.

    707 & 715 E Mckinley Avenue, Des Moines, IA 50315

    View details
    Ames Fourplex Investment Opportunity
    $575,000
    4,794 SF
    Ames Fourplex Investment Opportunity

    Turn-key fourplex in Ames with strong rental history.

    1015 Kellogg Avenue, Ames, IA 50010

    View details
    Ames Turn-Key Investment Property
    $575,000
    4,794 SF
    Ames Turn-Key Investment Property

    Four 3-bedroom units with strong rental history in Ames.

    1015 Kellogg Avenue, Ames, IA 50010

    View details
    Des Moines Land Opportunity
    $65,000
    0.06 Acres
    Des Moines Land Opportunity

    Land suitable for investors or builders to construct a fourplex.

    335 Forest Avenue, Des Moines, IA 50314

    View details

    Altoona, IA Quadplexes Investment Opportunities Market Analysis

    Explore 1 quadplexes for sale in Altoona, IA on our real estate platform. These investment opportunities span a total of 1,690 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for four-unit buildings in Altoona, IA start at $350,000, averaging $350,000, and reaching up to $350,000 — 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 22K
    Population Growth (5Y) +12.4%
    Median Household Income $90,393
    College Educated 41.8%

    High-Yield Neighborhoods for Investment

    Identify Altoona submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50009 $350K

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Property Tax per SF $36.39 per SF
    Tax Rate vs County Average 1.34 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

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