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About This Home

This 0-bedroom, 0-bathroom residential multi family at 18 S 5Th Street in Albia, IA is listed for $250,000 ($48 per sqft). Built in 1974, the home offers 5,208 sqft of living space on a N/A lot.

Agent Description

Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants.

Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio.

Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset.

Key Features

  • Built in 1974
  • 2 stories

Property Details

2 stories
1974

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

18 S 5Th Street

Albia, IA 52531

Property Details

Construction

Brick Stucco

Heating

Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 18 S 5Th Street is listed at $250,000 ($48/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: Built in 1974, 2 stories.

This property is listed by Kayla McConnell and can be reached at 6417993191 or kayla@remaxpride.com.

KM

Kayla McConnell

Agent at RE/MAX Pride Ottumwa

(641) 799-3191

Listed by RE/MAX Pride Ottumwa · View on Broker Site

MLS# 6339077· Source: listhub· Updated 1 days ago

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18 S 5Th Street, Albia, IA 52531

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