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18 S 5th Street, Albia, IA 52531

Albia
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
18 S 5th Street,Albia, IA 52531
$250,000
  • - Beds
  • - Baths
  • 5,208 sq. ft.
  • Multi-family
  • Active
Listed by: kayla mcconnell
Office: re/max pride ottumwa
MLS#:6339077
Source:IA_HIMLS

Price summary

  • Price:$250,000
  • Price per sq. ft.:$48

About this home

Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio. Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset.

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Home facts

  • Year built:1974
  • Listing ID #:6339077
  • Added:14 day(s) ago
  • Updated:June 19, 2026 at 03:04 PM

Rooms and interior

  • Basement:Yes
  • Living area:5,208 sq. ft.

Structure and exterior

  • Year built:1974
  • Building area:5,208 sq. ft.

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$48
  • Tax amount:$2,246 (2024)

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