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    Centerville, IA
    Quadplex

    Centerville, IA Quadplexes for Sale

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    Exline, IA Mystic, IA Moulton, IA Moravia, IA Unionville, IA Seymour, IA Melrose, IA Promise City, IA
    Income-Producing Four-Unit Multifamily Property
    Updated: Feb 3
    Income-Producing Four-Unit Multifamily Property

    427 E State Street, Centerville, IA 52544

    Contact for pricing
    Completely occupied 4‑unit property generating $2,450 in monthly rent.
    All four units have been remodeled, increasing rentability.
    Remodeled spacious entryway with 4 large storage lockers.
    Coin‑operated laundry provides additional income.
    Four separate electric meters (tenant pays electric).
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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 Centerville, 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.

    Quadplex with Walkout Basements
    Quadplex with Walkout Basements

    801 & 807 E Mckinley Avenue, Des Moines, IA 50315

    $550,000
    3,499 sqft 0.28 AC lot

    Four-unit quadplex zoned N3A with central air, public water and sewer, and walkout basement space.

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    Renovated Quadplex Near Campus
    Renovated Quadplex Near Campus

    1132 Main Street, Grinnell, IA 50112

    $349,900
    3,858 sqft

    Updated four-unit four-square home with in-unit finishes and on-site laundry, offering flexible rental or owner-occupant options.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    1132 Main Street, Grinnell, IA 50112

    $349,900
    3,858 sqft

    Updated apartments with on-site laundry near Grinnell College and downtown amenities.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    842 16th Street, Des Moines, IA 50314

    Contact for pricing
    3,070 sqft

    Four 1BR/1BA units feature in-unit washers/dryers and kitchenettes, with all units currently leased.

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    Centerville, IA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Centerville, IA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Apartment buildings 3
    Quadplexes 1

    Demographics Overview

    Population 8,110
    Population Growth (5Y) +10.1%
    Median Household Income $45,257
    College Educated 23.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $41.17 per SF
    Tax Rate vs County Average 0.31 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Appanoose County

    New Delisted

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