This duplex offers a fantastic investment opportunity with great potential. Each unit features a spacious layout with a living room, dining room, kitchen, and half bath on the main level, plus two bedrooms and a full bath upstairs. Both units are currently vacant, giving you the flexibility to choose your next steps—owner-occupy one side and rent the other, or add both units to your rental portfolio. One unit is move-in ready and the other is in need of some updates, making it ideal for value-added improvements. Each unit has separate utilities and it’s own furnace and central air units. Situated on a nice corner lot, the property also includes a 2-stall detached garage.
Sold for $135,000
$135,000
313-315 4th Ave S #W, Independence, IA 50644
4beds
2baths
2,459sqft
Duplex
Built in 1920
-- sqft lot
$137,700 Zestimate®
$55/sqft
$1,049 Estimated rent
Home value
$137,700
Estimated sales range
Not available
$1,049/mo
Zestimate® history
Owner options
List your home for rent
$1,049/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,049/mo
Rent Zestimate®
Refinance and save
$934/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$934/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Half bathCorner lotSpacious layoutTwo bedroomsDining room
Zillow last checked:
Listing updated:
Listed by:
Troy W Northrop 563-920-5569,
RE/MAX Independence Realty
Bought with:
Tyler Rasmussen, B63386000
EPM, Iowa
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20252963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: 1st Floor, Lower Level
Features
- Basement: Concrete,Stone/Rock
Interior area
- Total structure area: 2,459
- Total interior livable area: 2,459 sqft
- Finished area above ground: 1,451
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 4
- Parking features: Garage, Over 1 Space, Detached
- Uncovered spaces: 4
Features
- Levels: Two
Lot
- Size: 10,410 Square Feet
- Dimensions: 82' x 127'
- Features: Corner Lot
Details
- Parcel number: 1004260008
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
Community & HOA
Location
- Region: Independence
Financial & listing details
- Price per square foot: $55/sqft
- Tax assessed value: $158,640
- Annual tax amount: $2,680
- Date on market: 6/26/2025
- Cumulative days on market: 1 day
- Lease term: Month To Month
- Tenant pays: Electricity, Trash Collection, Gas, Heat, Water
- Road surface type: Hard Surface Road
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $135,000-10%$55/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20252963 Report a problem | ||
| 6/28/2025 | Pending sale | $150,000$61/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252963 Report a problem | ||
| 6/26/2025 | Listed for sale | $150,000$61/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252963 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 50644
Nearby homes
- $151,2002 bd1 ba1.2k sqft313/315 4th Ave SW, Independence, IA 50644Off Market
- $153,4002 bd2 ba1.2k sqft313 4th Ave SW, Independence, IA 50644Off Market
- $148,2003 bd2 ba988 sqft311 4th Ave SW, Independence, IA 50644Off Market
- $188,3003 bd2 ba1.8k sqft408 4th St SW, Independence, IA 50644Off Market
- $168,8003 bd1 ba960 sqft305 4th Ave SW, Independence, IA 50644Off Market
- $110,8503 bd1 ba704 sqft312 4th Ave SW, Independence, IA 50644Off Market
- $172,2002 bd1 ba1.2k sqft403 4th Ave SW, Independence, IA 50644Off Market
- $141,1004 bd2 ba1.7k sqft407 4th St SW, Independence, IA 50644Off Market
Nearby schools
GreatSchools rating
- NAEast Elementary SchoolGrades: K-2Distance: 0.5 mi
- 3/10Independence Junior Senior High SchoolGrades: 7-12Distance: 1 mi
- 6/10West Elementary SchoolGrades: 3-6Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Independence
- Middle: Independence
- High: Independence
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$137,700
2% more
+$2,754
With Zillow Showcase(estimated)
$140,454
- Iowa
- Buchanan County
- Independence
- 50644
- 313-315 4th Ave S Unit W
Nearby cities
Nearby zip codes
Other Independence Topics
