Investors dream!!! This 2 story 4 plex has 4 attached garages that are accessed from the exterior plus 2 other storage garages that with some TLC they could bring in added income. At this time all the apartments are rented. The apartments in this complex are 2 bedroom 1 bathroom. As a bonus there are 2 addition parcels of land to the north that are just waiting to be developed. Just to the south of this is another single story 4 plex that is one bedrooms apartments that are also for sale. Seller would like to sell them to the same buyer but if possible one this year and one after the first off the year.
For sale
$220,000
101 N Commercial St, Reinbeck, IA 50669
--beds
--baths
3,680sqft
Quadruplex
Built in 1978
-- sqft lot
$205,600 Zestimate®
$60/sqft
$-- HOA
What's special
- 21 days
- 277
- 15
Zillow last checked:
Listing updated:
Listed by:
Rick Schmidt 319-231-1276,
Re/Max Concepts
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20264325
Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: 1st Floor
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,680
- Total interior livable area: 3,680 sqft
- Finished area above ground: 1,840
- Finished area below ground: 0
Property
Parking
- Parking features: Garage, Gravel, Multiple
Features
- Levels: Two
- Patio & porch: Patio
- Exterior features: Balcony, Garden
Lot
- Size: 7,405 Square Feet
- Dimensions: 36x100x110x110
Details
- Has additional parcels: Yes
- Parcel number: 871521377004
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas Individual Meters
Community & HOA
Location
- Region: Reinbeck
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $213,020
- Annual tax amount: $3,130
- Date on market: 9/9/2026
- Cumulative days on market: 21 days
- Lease term: Month To Month
- Tenant pays: Electricity, Gas, Water
- Road surface type: Hard Surface Road
Estimated market value
$205,600
$195,000 - $216,000
$1,243/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $220,000$60/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20264325 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50669
Nearby schools
Schools provided by the listing agent
- Elementary: Gladbrook-Reinbeck
- Middle: Gladbrook-Reinbeck
- High: Gladbrook-Reinbeck
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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