Consider this 1980 four-plex in West Branch, a practical multi-family opportunity with two bedrooms and one bathroom in each unit. The property is fully renovated and features LVP flooring, creating comfortable, functional spaces that are easy to maintain. The building is currently 100% occupied and has a strong rental history. Inside, each unit offers a practical layout designed for everyday living. Location matters, and this one is set in West Branch, with convenient access to Iowa City, which helps support tenant demand. For investors, the seller reports monthly rent income of $3,745, coin operated laundry for additional income and annual net operating income of $33,000.
For sale by owner
$390,000
422 N 1st St, West Branch, IA 52358
2beds
850sqft
:
Get pre-qualified$2,805/mo
MultiFamily
Built in 1980
-- sqft lot
$-- Zestimate®
$459/sqft
$-- HOA
What's special
Comfortable functional spacesLvp flooringFully renovated
What the owner loves about this home
This rental property has had a great rental history.
- 13 days |
- 158 |
- 9 |
Listed by:
Property Owner (319) 471-3723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dishwasher
Features
- Flooring: Laminate
- Basement: None
Interior area
- Total interior livable area: 850 sqft
Property
Lot
- Size: 0.27 Acres
Details
- Parcel number: 050013053510140
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1980
Community & HOA
Location
- Region: West Branch
Financial & listing details
- Price per square foot: $459/sqft
- Tax assessed value: $238,140
- Annual tax amount: $4,046
- Date on market: 7/20/2026
Estimated market value
Not available
Estimated sales range
Not available
$945/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $390,000$459/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,046 -7.8% | $238,140 |
| 2024 | $4,386 +18% | $238,140 -8.8% |
| 2023 | $3,718 -13% | $261,230 +39.2% |
| 2022 | $4,274 -3.1% | $187,670 |
| 2021 | $4,410 -4.5% | $187,670 +3% |
| 2020 | $4,620 +24.5% | $182,130 |
| 2019 | $3,710 -5% | $182,130 +18% |
| 2018 | $3,904 | $154,410 +24.3% |
| 2017 | $3,904 +7% | $124,190 |
| 2016 | $3,650 | $124,190 |
| 2015 | $3,650 -7.9% | $124,190 |
| 2014 | $3,962 -3.5% | $124,190 |
| 2013 | $4,106 -0.6% | -- |
| 2012 | $4,132 -14.1% | -- |
| 2011 | $4,808 -0.6% | -- |
| 2010 | $4,836 0% | -- |
| 2008 | $4,838 +3.3% | -- |
| 2007 | $4,682 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 52358
Nearby schools
GreatSchools rating
- 3/10Hoover Elementary SchoolGrades: PK-4Distance: 2 mi
- 6/10West Branch Middle SchoolGrades: 5-8Distance: 2.8 mi
- 6/10West Branch High SchoolGrades: 9-12Distance: 2.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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