Iowa City, IA
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    Iowa City, IA Quadplexes for Sale

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    Coralville, IA North Liberty, IA Tiffin, IA
    Four-Unit Rental Property For Sale
    $425,000
    2,489 SF
    Four-Unit Rental Property For Sale

    420 N Gilbert St, Iowa City, IA 52240

    Two-story rental house with four units, leased through August 2027.
    • Multi‑unit rental property featuring four units: three 2‑bedroom apartments and one efficiency.
    • Current rental income is $3825, increasing to $4000 starting August 1, 2026.
    • All units are currently leased through the 2026‑2027 school year, offering immediate income.
    • Three units are spacious 2‑bedroom apartments.
    • Property includes a basement.
    Updated: Nov 4, 2025
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    Iowa City Four-Unit Investment Property
    $390,000
    Iowa City Four-Unit Investment Property

    Iowa City, IA 52246

    Well-maintained four-unit property in a desirable Iowa City location.
    • Prime location in the heart of Iowa City, near downtown and the University of Iowa.
    • Well‑maintained four‑unit investment property.
    • Strong income potential in a highly desirable rental market.
    • Consistent tenant demand due to practical layouts and comfortable living spaces.
    • Minutes from parks, shopping, and dining.
    Updated: Feb 26
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Iowa City, 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.

    Historic Four-Unit Duplex Property
    $385,000
    4,480 SF
    Historic Four-Unit Duplex Property

    Renovated four-unit duplex in a historic district with updated systems and multiple unit upgrades for rental or owner-occupancy.

    507-509 Chestnut Street, Dubuque, IA 52001

    View details
    Waterloo Fourplex Investment Opportunity
    $270,000
    900 SF
    Waterloo Fourplex Investment Opportunity

    Fully occupied fourplex near downtown Waterloo with recent upgrades.

    911 Lafayette Street, Waterloo, IA 50703

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    Fourplex Residential Income Property
    $149,900
    0.15 Acres
    Fourplex Residential Income Property

    Well-maintained fourplex with three occupied units and partial flooring updates in a R-1 zoning setting.

    237 Miriam Drive, Waterloo, IA 50702

    View details
    Centrally Located 4-Plex Investment
    $208,000
    3,252 SF
    Centrally Located 4-Plex Investment

    Four rental units feature in-unit laundry hookups and separate heating systems, with utility responsibilities split between tenants and owner.

    697 Caledonia Place, Dubuque, IA 52001

    View details

    Iowa City, IA Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Iowa City, IA on our real estate platform. These investment opportunities span a total of 2,489 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for four-unit buildings in Iowa City, IA start at $425,000, averaging $425,000, and reaching up to $425,000 — 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

    Apartment buildings 10
    Duplexes 6
    Quadplexes 2
    Triplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 108K
    Population Growth (5Y) +35.7%
    Median Household Income $62,209
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    52246 $390K
    52240 $425K

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $18.14 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Iowa City fall within the 100,000+ square foot range.

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