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.

    Turnkey Dubuque Investment Opportunity
    $324,500
    5,152 SF

    Turnkey Dubuque Investment Opportunity

    Four-unit property with residential and commercial tenants in Dubuque, Iowa.

    1229 & 1233 Rhomberg Avenue, Dubuque, IA 52001
    View details
    Dubuque Fourplex Investment Opportunity
    $218,000
    3,252 SF

    Dubuque Fourplex Investment Opportunity

    Centrally located fourplex with tenant-paid utilities in Dubuque, Iowa.

    697 Caledonia Place, Dubuque, IA 52001
    View details
    Cedar Falls Multifamily Investment Property
    $295,000
    0.13 Acres

    Cedar Falls Multifamily Investment Property

    Multifamily property near UNI campus with consistent revenue.

    2503 Olive Street, Cedar Falls, IA 50613
    View details
    Remodeled Fourplex Near University of Iowa
    Contact for pricing

    Remodeled Fourplex Near University of Iowa

    Fourplex with modern updates near the University of Iowa.

    2007 College St, Cedar Falls, IA 50613
    View details

    Iowa City, IA Quadplexes Investment Opportunities Market Analysis

    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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    Operating Costs & Financing

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

    Property Size Breakdown

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

    Leading Commercial Asset Segments

    Apartment buildings 11
    Duplexes 7
    Quadplexes 2
    Triplexes 1

    Iowa City Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    52246 $390K
    52240 $425K

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