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.
Active
Price cut: $15K (7/31)
$235,000
18 S 5th St, Albia, IA 52531
--beds
0baths
5,208sqft
Quadruplex
Built in 1974
-- sqft lot
$-- Zestimate®
$45/sqft
$-- HOA
What's special
Basketball hoopAmple off-street parkingPicnic tableSpacious shared courtyard
- 97 days
- 150
- 4
Zillow last checked:
Listing updated:
Listed by:
Kayla McConnell 641-799-3191,
RE/MAX Pride Ottumwa
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6339077
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 5,208 sqft
Property
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 8,712 Square Feet
- Dimensions: 132 x 66
Details
- Parcel number: 210003018000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Stucco
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albia
Financial & listing details
- Price per square foot: $45/sqft
- Tax assessed value: $86,701
- Annual tax amount: $2,246
- Date on market: 6/5/2026
- Cumulative days on market: 98 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $235,000-6%$45/sqft |
Source: | ||
| 6/5/2026 | Listed for sale | $250,000+127.3%$48/sqft |
Source: | ||
| 5/25/2017 | Sold | $110,000$21/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $3,250 | $86,701 |
| 2017 | $3,250 -12.2% | $86,701 |
| 2016 | $3,700 -4.6% | $86,701 |
| 2015 | $3,878 | $86,701 |
| 2014 | $3,878 -1% | $86,701 |
| 2013 | $3,916 +0.5% | -- |
| 2012 | $3,896 +0.5% | -- |
| 2011 | $3,878 -2.5% | -- |
| 2010 | $3,978 +9.6% | -- |
| 2009 | $3,628 -4% | -- |
| 2008 | $3,780 +13.2% | -- |
| 2007 | $3,340 | -- |
Find assessor info on the county website
Monthly payment
Est. payment

