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    Centerville, IA
    Quadplex

    Centerville, IA Quadplexes for Sale

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    Numa, IA Exline, IA Mystic, IA
    Income-Producing Four-Unit Multifamily Property
    Updated: Feb 3
    Income-Producing Four-Unit Multifamily Property

    427 E State Street, Centerville, IA 52544

    $225,000
    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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    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.

    Duplex Portfolio with Shared Drive
    Duplex Portfolio with Shared Drive

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

    $590,000
    3,499 sqft · 0.67 AC lot

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

    View details
    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    210 W Montgomery Street, Creston, IA 50801

    $89,900
    5,600 sqft · 0.07 AC lot

    Retail storefront with four upstairs apartments and a full basement, with appliances included.

    View details
    Des Moines Fourplex Investment Opportunity
    Des Moines Fourplex Investment Opportunity

    708 Wall Avenue, Des Moines, IA 50315

    $167,000
    1,872 sqft · 0.20 AC lot

    Southside Des Moines fourplex ready for completion.

    View details
    Mixed-Use Retail with Apartments
    Mixed-Use Retail with Apartments

    210 W Montgomery Street, Creston, IA 50801

    $89,900

    Retail storefront with four upstairs apartments and a full basement, with income from both retail and residential units.

    View details

    Centerville, IA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Centerville, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $225,000.

    Sale prices for four-unit buildings in Centerville, IA start at $225,000, averaging $225,000, and reaching up to $225,000 — 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

    Duplexes 3
    Quadplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    52544 $225K

    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%

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