This duplex offers a fantastic investment opportunity with great potential. Each unit features a spacious layout with a living room, dining room, kitchen, and half bath on the main level, plus two bedrooms and a full bath upstairs. Both units are currently vacant, giving you the flexibility to choose your next steps—owner-occupy one side and rent the other, or add both units to your rental portfolio. One unit is move-in ready and the other is in need of some updates, making it ideal for value-added improvements. Each unit has separate utilities and it’s own furnace and central air units. Situated on a nice corner lot, the property also includes a 2-stall detached garage.
Sold for $135,000 on 07/31/25
$135,000
313-315 4th Ave S #W, Independence, IA 50644
4beds
2baths
2,459sqft
Duplex
Built in 1920
-- sqft lot
$135,000 Zestimate®
$55/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 02:17pm
Listed by:
Troy W Northrop 563-920-5569,
RE/MAX Independence Realty
Bought with:
Tyler Rasmussen, B63386000
EPM, Iowa
Source: Northeast Iowa Regional BOR,MLS#: 20252963

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: 1st Floor, Lower Level
Features
- Basement: Concrete,Stone/Rock
Interior area
- Total structure area: 2,459
- Total interior livable area: 2,459 sqft
- Finished area above ground: 1,451
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 4
- Parking features: Garage, Over 1 Space, Detached
- Uncovered spaces: 4
Features
- Levels: Two
Lot
- Size: 10,410 sqft
- Dimensions: 82' x 127'
- Features: Corner Lot
Details
- Parcel number: 1004260008
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
Community & neighborhood
Location
- Region: Independence
Other
Other facts
- Road surface type: Hard Surface Road