Sold for $457,000

Zestimate^®

$457,000

404 Jefferson St, Decorah, IA 52101

6beds

5baths

3,585sqft

Quadruplex

Built in 1900

-- sqft lot

$457,000 Zestimate^®

$127/sqft

$-- Estimated rent

Home value

$457,000

Estimated sales range

Not available

Zestimate^® history

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5

Cooling

Central Air

Appliances

Laundry: Electric Dryer Hookup, Washer Hookup

Features

Basement: Concrete,Stone/Rock

Interior area

Total structure area: 3,585
Total interior livable area: 3,585 sqft
Finished area above ground: 1,722
Finished area below ground: 1,396

Property

Parking

Total spaces: 4
Parking features: Parking Space, On Street, None
Uncovered spaces: 4

Features

Levels: Two
Patio & porch: Deck, Patio

Lot

Size: 6,519 Square Feet
Dimensions: 53.00 x 123.00

Details

Parcel number: 111645300800
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Vinyl Siding
Roof: Asphalt

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water in Rent

Community & HOA

Location

Region: Decorah

Financial & listing details

Price per square foot: $127/sqft
Tax assessed value: $336,840
Annual tax amount: $5,758
Date on market: 8/16/2026
Cumulative days on market: 11 days
Tenant pays: Electricity, Gas
Road surface type: Hard Surface Road

Price history

Date	Event	Price
9/21/2026	Sold	$457,000-7.5%$127/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263849 Report a problem
8/25/2026	Pending sale	$494,000$138/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263849 Report a problem
8/16/2026	Listed for sale	$494,000+47.5%$138/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263849 Report a problem
8/19/2022	Sold	$335,000+3.1%$93/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20223129 Report a problem
7/9/2022	Pending sale	$324,900$91/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20223129 Report a problem
7/7/2022	Listed for sale	$324,900+549.8%$91/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20223129 Report a problem
8/2/2013	Sold	$50,000$14/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,758 +4.2%	$336,840 +10.1%
2024	$5,528 +66%	$305,890
2023	$3,330 -12.3%	$305,890 +91.4%
2022	$3,798 -3.4%	$159,810
2021	$3,932 -3%	$159,810
2020	$4,052 -1.1%	$159,810
2019	$4,098 +41.7%	$159,810 +2.8%
2018	$2,892 -34.8%	$155,520 +63.5%
2017	$4,436 +45.6%	$95,130
2016	$3,046 -4%	$95,130
2015	$3,172	$95,130
2014	$3,172	$95,130

Find assessor info on the county website

Neighborhood: 52101

Nearby homes

Nearby schools

GreatSchools rating

9/10
Decorah Middle School
Grades: 5-8Distance: 0.1 mi
9/10
Decorah High School
Grades: 9-12Distance: 0.5 mi
7/10
Carrie Lee Elementary School
Grades: 3-4Distance: 0.1 mi

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.