Quadplex

Independence, IA Quadplexes for Sale

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Quasqueton, IA Jesup, IA Hazleton, IA Stanley, IA Winthrop, IA Fairbank, IA Aurora, IA Oelwein, IA
4-Unit Apartment Building
Updated: Oct 28
4-Unit Apartment Building

1612 2nd St. SW, Independence, IA 50644

$249,500
0.25 AC lot
Four apartments, each with 2 bedrooms and 1 bathroom
0.25‑acre property zoned R‑3
Coin‑operated washer and dryer on site
Off‑street parking and a deck
Built in 1981; public water and public sewer
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, 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.

4-Unit Quadplex with Updated Interiors
4-Unit Quadplex with Updated Interiors

911 Lafayette St, Waterloo, IA 50703

$270,000
3,632 sqft

Fully occupied four-unit property with recent flooring, mechanical, bathroom, and deck improvements.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

2503 Olive Street, Cedar Falls, IA 50613

$265,900
3,298 sqft

Four well-maintained units include dishwashers, stoves, and refrigerators, plus on-site coin-operated laundry.

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Four-Unit Quadplex with Parking
Four-Unit Quadplex with Parking

2504 Olive Street, Cedar Falls, IA 50613

$235,000
0.20 AC lot

Fully occupied residential income property with separate apartments, included appliances, and public utilities except internet.

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Updated Four-Unit Residential Property
Updated Four-Unit Residential Property

911 Lafayette Street, Waterloo, IA 50703

$270,000
0.14 AC lot

Fully occupied fourplex with recent unit improvements, public utilities, and on-street parking in Waterloo.

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Independence, IA Quadplexes Market Trends and Statistics

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

Sale prices for four-unit buildings in Independence, IA average $249,500 — 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

Mobile home & RV parks 1
Quadplexes 1

Demographics Overview

Population 8,475
Population Growth (5Y) -4.2%
Median Household Income $79,861
College Educated 32.6%

Taxes & Financing

Tax Rate (average for all types) 2.41%
Property Tax per SF $22.18 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

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