Multifamily property, with long term tenants and steady rental history, is now for sale in Farmington, Iowa. With four units total, each unit has two bedrooms, one bath and laundry hook ups, this business is a solid investment for a landlord. The current owner pays water sewer trash and the tenants pay the electric. The large corner lot allows the tenants ample parking and a new wooden fence, installed in 2024, gives them privacy at the back and side yard. Call your realtor to view this established investment property.
Sold
$168,000
301 S 4th St, Farmington, IA 52626
--beds
0baths
2,834sqft
Quadruplex
Built in 1983
-- sqft lot
$168,000 Zestimate®
$59/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 05:01pm
Listed by:
Laura Story 319-372-9121,
Fraise Auction Real Estate
Bought with:
Laura Story, ***
Fraise Auction Real Estate
Source: NoCoast MLS,MLS#: 6326817
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Features
- Basement: Slab
- Has fireplace: No
Interior area
- Total interior livable area: 2,834 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Outside
Accessibility
- Accessibility features: No Stairs Internal
Features
- Stories: 1
- Pool features: None
- Fencing: Wood
Lot
- Size: 0.40 Acres
- Dimensions: 132 x 132
- Features: Corner Lot
Details
- Parcel number: 000641208458130
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Other
- Roof: Shingle
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Farmington
HOA & financial
HOA
- Has HOA: No
- Association name: SEIA
Other
Other facts
- Listing terms: Cash,Conventional