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Sold for $210,000
  • $210,000

    309 E Main St, Decorah, IA 52101

    --beds
    --baths
    2,664sqft
    Quadruplex
    Built in 1890
    -- sqft lot
    $230,400 Zestimate®
    $79/sqft
    $1,231 Estimated rent

    Home value

    $230,400

    $207,000 - $256,000

    $1,231/mo

    Zestimate® history
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    $1,231/mo

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    $1,231/mo

    Rent Zestimate®

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    $1,091/mo

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    $1,091/mo

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    What's special

    Invest in income producing assets! This 4 plex is an excellent opportunity to reap the rewards of capital accumulation with relatively low risk. Great location one a corner lot only blocks from downtown. Unit 1: 2 bedroom $634/month, 16 year resident with 1 car detached garage. Unit 2: recently updates, vacant, advertised at $750/month Unit 3: recent updates, vacant, advertised at $750/month Unit 4: Studio/1 bedroom, long term resident, $535/month Landlord pays gas, water, sewer, garbage, each apartment electric is metered separately. Updated gas boiler heat. Coin opp laundry in the basement. Annual PRI $32,028. For the price of single family homes in Decorah, this is a bargain. Excellent opportunity to start out building wealth by living in one of the apartments while the mortgage is paid for by the other rent income. 24 hour notice and financial commitment letter required prior to showings. Some 3rd party sites may not get your inquiry request through to the correct agent, reach out to an agent directly for more information. Call today for a consultation on how to make this work for you!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Sweeney, CCIM 563-568-4170,

    Sweeney Real Estate

    Bought with:

    Stacie S Cooper, B40405000

    Sweeney Real Estate

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20241353MLS Logo

    Facts & features

    Interior

    Heating
    • Steam
    Cooling
    • None
    Appliances
    • Laundry: Lower Level
    Features
    • Basement: Stone/Rock
    Interior area
    • Total structure area: 2,664
    • Total interior livable area: 2,664 sqft
    • Finished area above ground: 1,332
    • Finished area below ground: 616

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Parking Pad, Detached
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Patio & porch: Deck
    Lot
    • Size: 8,276 sqft
    • Dimensions: 68x123
    Details
    • Parcel number: 111531200300
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Paid by Individual, Elec Individual Meters, Water - Multiple Meters

    Community & neighborhood

    Location
    • Region: Decorah

    Other

    Other facts
    • Road surface type: Hard Surface Road

    Price history

    DateEventPrice
    7/26/2024Sold$210,000-4.5%$79/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241353 Report a problem
    6/12/2024Pending sale$220,000$83/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241353 Report a problem
    5/10/2024Price change$220,000-8.3%$83/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241353 Report a problem
    4/10/2024Listed for sale$240,000+101.7%$90/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241353 Report a problem
    8/2/2019Listing removed$119,000$45/sqft
    Source: Viking Realtors #20193173 Report a problem
    8/1/2019Listed for sale$119,000+19%$45/sqft
    Source: Viking Realtors #20193173 Report a problem
    7/30/2019Sold$100,000-16%$38/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20193173 Report a problem
    7/1/2019Pending sale$119,000$45/sqft
    Source: Viking Realtors #20193173 Report a problem
    6/19/2019Listed for sale$119,000$45/sqft
    Source: Viking Realtors #20193173 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,686 +4.2%$139,900 -1.9%
    2024$2,578 +6.6%$142,650
    2023$2,418 -12.3%$142,650 +22.9%
    2022$2,758 -3.4%$116,070
    2021$2,856 -3%$116,070
    2020$2,944 +1%$116,070
    2019$2,914 -13.3%$116,070 +5%
    2018$3,360 +6.5%$110,580
    2017$3,154 -11%$110,580
    2016$3,542 -4%$110,580
    2015$3,688 $110,580
    2014$3,688 $110,580

    Find assessor info on the county website

    Neighborhood: 52101

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Decorah Community Schools
    • Middle: Decorah Community Schools
    • High: Decorah Community Schools

    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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