Fantastic Investment Opportunity with this 4 plex in Davis City! Each Unit has 2 bedrooms, and 1 full bath. 2 units are nearing completion and 2 will need paint and flooring. Exterior is low maintenance that includes a metal roof, brand new vinyl siding and poured foundation. Baseboard heat. All windows are new within the last 2 years. Ask about potential to be an owner occupant with a low down payment! Previous rental history shows gross rental income of $550-$650 per month, per unit.
Sold
$125,000
651 W Davis St, Davis City, IA 50065
--beds
0baths
--sqft
Quadruplex
Built in 1980
-- sqft lot
$138,500 Zestimate®
$--/sqft
$903 Estimated rent
Home value
$138,500
$119,000 - $162,000
$903/mo
Zestimate® history
Owner options
List your home for rent
$903/mo
Rent Zestimate®
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$903/mo
Rent Zestimate®
Refinance and save
$705/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$705/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ben Watt 641-464-2080,
South Central Iowa Realty
Bought with:
Jennifer Mercer, ***
South Central Iowa Realty
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6312115
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Features
- Basement: Full
- Has fireplace: No
Property
Accessibility
- Accessibility features: None
Lot
- Size: 0.45 Acres
- Dimensions: 140 x 140
Details
- Parcel number: 1035451001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other, Vinyl Siding
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
- HOA name: WCIR
Location
- Region: Davis City
Financial & listing details
- Annual tax amount: $1,700
- Date on market: 4/29/2025
- Cumulative days on market: 1 day
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2023 | Sold | $125,000-10.7% |
Source:  NoCoast MLS as distributed by MLS GRID #6312115 Report a problem | ||
| 10/10/2023 | Pending sale | $140,000 |
Source: NoCoast MLS as distributed by MLS GRID #6312115 Report a problem | ||
| 10/8/2023 | Listed for sale | $140,000 |
Source: NoCoast MLS as distributed by MLS GRID #6312115 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 50065
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Nearby schools
GreatSchools rating
- NASouth Elementary SchoolGrades: PK-2Distance: 7.5 mi
- 5/10Central Decatur Jr/Sr High SchoolGrades: 7-12Distance: 8.4 mi
- 6/10North Elementary SchoolGrades: 3-6Distance: 8.4 mi
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- Iowa
- Decatur County
- Davis City
- 50065
- 651 W Davis St
Nearby cities
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