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    Slater, IA
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    Slater, IA Quadplexes for Sale

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    Sheldahl, IA Huxley, IA Madrid, IA Polk City, IA Alleman, IA Kelley, IA Cambridge, IA Ames, IA
    Brick 4-Plex with Coin-Op Laundry
    Updated: Jul 17
    Brick 4-Plex with Coin-Op Laundry

    506 Main Street, Slater, IA 50244

    $300,000
    1,575 sqft 0.26 AC lot
    Brick 4‑plex built in 1964 in greater Slater
    Unit mix: four 2‑bedroom, 1‑bath units
    Public water and public sewer service
    Many updates including engineered hardwood, carpet, tile, and kitchen counters & appliances
    Roofs replaced on both the apartment building and garage in 2021
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    Brick 4-Unit Apartment Building
    Updated: Jul 19
    Brick 4-Unit Apartment Building

    506 Main St, Slater, IA 50244

    $300,000
    1,575 sqft
    Four‑unit brick apartment property at 506 Main St, Slater, IA 50244
    Each apartment includes 2 bedrooms and 1 bathroom
    1,575 square feet; built in 1964
    Coin‑operated laundry located in the basement
    Engineered hardwood, carpet, tile flooring, kitchen counters, and appliances updated
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Slater, 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.

    Four-Unit Property with Garages
    Four-Unit Property with Garages

    913 Garfield Avenue, Ames, IA 50014

    $500,000
    3,596 sqft 0.47 AC lot

    Two adjoining duplex buildings offer managed rental housing with private garages, laundry, and a mix of outdoor living areas.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    222 Water St, Cambridge, IA 50046

    Contact for pricing
    6,554 sqft

    A mixed-use property combining retail space with four residential units, including handicap-accessible and recently updated apartments.

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    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    222 Water Street, Cambridge, IA 50046

    $849,900
    0.14 AC lot

    Retail and residential components combine in one property with modern apartment amenities.

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    Quadplex with Renovated Units
    Quadplex with Renovated Units

    4311 Ontario St, Ames, IA 50014

    $415,000

    Three residences feature documented interior improvements, while the fourth remains without reported remodeling by the current owner.

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    Slater, IA Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Slater, IA on our real estate platform. These investment opportunities span a total of 3,150 square feet of properties for sale, with an estimated market value of $600,000.

    Sale prices for four-unit buildings in Slater, IA average $300,000 — 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 1,866
    Population Growth (5Y) -1.1%
    Median Household Income $101,544
    College Educated 52.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50244 $300K

    Taxes & Financing

    Tax Rate (average for all types) 2.91%
    Property Tax per SF $46.32 per SF
    Tax Rate vs County Average 0.50 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Story County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

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