Quadplex

Ely, IA Quadplexes for Sale

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4-Unit Quadplex with Detached Garage
Updated: Sep 5
4-Unit Quadplex with Detached Garage

1550 Dows St., Ely, IA 52227

$260,000
Four 1‑bedroom, 1‑bathroom units
Leases in place through April 2027
Detached 3‑car garage with stalls rented individually
New stairs and balcony
Additional yard space
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4-Unit Quadplex with Garage
Updated: Sep 7
4-Unit Quadplex with Garage

1550 Dows St., Ely, IA 52227

$260,000
2,474 sqft
Four 1‑bedroom, 1‑bath units in a 2,474‑square‑foot quadplex
Long‑term tenants with leases in place until April of 2027
Detached garage with 3 stalls rented individually
New stairs and balcony
Extra yard space included
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ely, 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.

R-4 Quadplex With Parking
R-4 Quadplex With Parking

914 Boston Way, Coralville, IA 52241

$300,000
3,336 sqft

Four-unit residential income property with basement laundry space, on-site parking, and access to bus service and shopping.

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R-4 Fourplex with Parking
R-4 Fourplex with Parking

918 Boston Way, Coralville, IA 52241

$300,000
3,366 sqft

Four residential units with off-street parking, access to bus service, and nearby shopping.

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Updated Quadplex with Laundry
Updated Quadplex with Laundry

422 N 1st St, West Branch, IA 52358

$334,000
3,024 sqft

Four occupied apartments combine refreshed interiors with tenant parking and shared laundry facilities.

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Quadplex with Updated Interiors
Quadplex with Updated Interiors

422 N 1st St, West Branch, IA 52358

$334,000

Four two-bedroom apartments share laundry facilities and tenant parking.

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Ely, IA Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Ely, IA on our real estate platform. These investment opportunities span a total of 2,474 square feet of properties for sale, with an estimated market value of $520,000.

Sale prices for four-unit buildings in Ely, IA average $260,000 — 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 2

Demographics Overview

Population 2,864
Population Growth (5Y) -4.4%
Median Household Income $111,000
College Educated 45.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52227 $265K

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $31.98 per SF
Tax Rate vs County Average 1.15 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

Office

Residential Income

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