Sold for $265,000

Street View

$265,000

702 Edgeland St, Gladbrook, IA 50635

8beds

2,976sqft

MultiFamily

Built in 1974

-- sqft lot

$-- Zestimate^®

$89/sqft

$868 Estimated rent

Home value

Not available

Estimated sales range

Not available

$868/mo

Zestimate^® history

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$868/mo

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$868/mo

Rent Zestimate^®

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$1,746/mo

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$1,746/mo

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What's special

Living spaceUpdated units

Excellent Investment Opportunity! 4 plex, 2 bedroom units. 3 updated units. Contact me for a showing! Please allow 48 hour notice for showings. All units are 2 bedroom units with full baths, in unit washer and dryer, and living space. Two units currently have long term tenants. One is listed as an AirBnB. This allows easy viewing of the one unit in short notice, but the others will need to be arranged. Each unit has its own furnace and AC unit. Two furnaces are brand new in 2023. Owner takes care of the water bill, but electric is in each tenants name except for the one common area (hall ways). One unit has had no updates in the last 20 years - occupied by one of the long term tenants. The other three have been updated, with 2 having been updated within the last 1-2 years. Please let me know if you have any further questions.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Forced air

Cooling

Central

Appliances

Included: Dryer, Freezer, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Laminate, Linoleum / Vinyl
Basement: Finished

Interior area

Total interior livable area: 2,976 sqft

Property

Parking

Total spaces: 4
Parking features: Off-street

Features

Exterior features: Other

Lot

Size: 0.29 Acres

Details

Parcel number: 0509379001

Construction

Type & style

Home type: MultiFamily

Materials

Wood
Roof: Metal

Condition

Year built: 1974

Community & HOA

Location

Region: Gladbrook

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $143,330
Annual tax amount: $1,976

Price history

Date	Event	Price
4/10/2025	Sold	$265,000$89/sqft
Source: Public Record Report a problem
3/31/2025	Pending sale	$265,000$89/sqft
Source: Owner Report a problem
2/18/2025	Listed for sale	$265,000+14.2%$89/sqft
Source: Owner Report a problem
3/7/2023	Listing removed	--
Source: RE/MAX Central Report a problem
11/16/2022	Sold	$232,000-19.3%$78/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20222492 Report a problem
8/27/2022	Price change	$287,500-4.1%$97/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20222492 Report a problem
6/7/2022	Listed for sale	$299,900+274.9%$101/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20222492 Report a problem
3/4/2014	Sold	$80,000$27/sqft
Source: NoCoast MLS as distributed by MLS GRID #5469910 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,976 +5.9%	$143,330 +12%
2024	$1,866 -5.6%	$127,980
2023	$1,976 +2.7%	$127,980 +13.6%
2022	$1,924 -5.3%	$112,640 +17.1%
2021	$2,032 -10.2%	$96,220
2020	$2,262 +6.7%	$96,220
2019	$2,120 -7.3%	$96,220 +11%
2018	$2,288	$86,680
2017	$2,288 -12.2%	$86,680
2016	$2,606	$86,680
2015	$2,606 +1.9%	$86,680 +5%
2014	$2,558	$82,580