404 Jefferson Street, Decorah, IA 52101

Local realty services provided by:CENTURY 21 Signature Real Estate
404 Jefferson Street,Decorah, IA 52101
$494,000
  • - Beds
  • - Baths
  • 1,722 sq. ft.
  • Multi-family
  • Pending
Listed by: marcia madrigal
Office: kelly real estate inc
MLS#:20263849
Source:IA_NEIMLS

Price summary

  • Price:$494,000
  • Price per sq. ft.:$286.88

About this home

Investment Opportunity in Decorah! Well-maintained 4-unit apartment building located just 3 blocks from downtown Decorah and close to the middle school. Each unit includes its own off-street parking space. Unit 1: 1 bed, 1 bath with patio; completely renovated in 2020. $1,045/month Unit 2: 2 bed, 1 bath with a long-term tenant. $770/month Unit 3: 1 bed, 1 bath; completely renovated in 2025. $900/month Unit 4: Turnkey 2 bed, 2 bath Airbnb with deck; completely renovated in 2023. 2025 revenue: $19,098 Additional improvements include a roof replaced in 2017 and vinyl siding installed in 2019. This is a great opportunity to add a solid income-producing asset to your investment portfolio! Call your Realtor today for more information and to schedule a private showing.

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Home facts

  • Year built:1900
  • Listing ID #:20263849
  • Added:21 day(s) ago
  • Updated:September 05, 2026 at 08:08 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Concrete, Stone/Rock
  • Living area:1,722 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Building area:1,722 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Vinyl Siding
  • Exterior Features:Deck, Patio

Schools

  • High school:Decorah Community Schools
  • Middle school:Decorah Community Schools
  • Elementary school:Decorah Community Schools

Utilities

  • Water:Water in Rent

Finances and disclosures

  • Price:$494,000
  • Price per sq. ft.:$286.88
  • Tax amount:$5,758

Features and amenities

  • Laundry features:Dryer Hookup-Electric, Washer Hookup

Parking

  • Parking description:On Street, Parking Space