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    Ely, IA
    Quadplex

    Ely, IA Quadplexes for Sale

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    Solon, IA Cedar Rapids, IA Swisher, IA Mount Vernon, IA North Liberty, IA Fairfax, IA Coralville, IA Tiffin, IA
    Four-Unit Property with Detached Garage
    Updated: Sep 5
    Four-Unit Property with Detached Garage

    1550 Dows St., Ely, IA 52227

    $265,000
    Four 1‑bed, 1‑bath units
    Four long‑term tenants with leases in place until April of 2027
    Detached 3 car garage stalls rented individually
    New stairs and balcony
    MR R3+ zoning
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    4-Unit Quadplex with Garage
    Updated: Sep 7
    4-Unit Quadplex with Garage

    1550 Dows Street, Ely, IA 52227

    $265,000
    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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    See what stands out in Linn County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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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.

    Mixed-Use Building with Apartment Units
    Mixed-Use Building with Apartment Units

    510 E Burlington, Iowa City, IA 52240

    $875,000
    5,184 sqft

    Two street-level commercial spaces and four apartments share dedicated parking, supporting flexible mixed-use occupancy in Iowa City.

    View details
    Improved 4-Unit Multifamily Property
    Improved 4-Unit Multifamily Property

    2841 Cory Ct SW, Cedar Rapids, IA 52404

    $315,000
    3,492 sqft

    Fully leased residences offer two bedrooms, one bathroom, and off-street parking per unit.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    Cedar Rapids, IA 52403

    $183,000
    2,299 sqft

    Fully leased unit mix includes three one-bedroom residences and one three-bedroom residence.

    View details
    Townhouse-Style 4-Plex
    Townhouse-Style 4-Plex

    2427 Petsel Pl, Iowa City, IA 52246

    Contact for pricing
    5,532 sqft

    West-side townhouse-style 4-plex with functional unit layouts and a long history of low vacancy.

    View details

    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 $530,000.

    Sale prices for four-unit buildings in Ely, IA average $265,000 — 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 2,864
    Population Growth (5Y) -4.4%
    Median Household Income $111,000
    College Educated 45.5%

    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

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