This four unit rental has established renters in each unit and brings in a total of $1785 a month from all four units. Each renter pays for their own electricity and trash. Landlord pays for water, sewer and heat. All appliances stay with each unit. Property is in 100 and 500 year flood plain in driveway but no part of the building is in flood plain. Seller needs 24 hours notice to show.
Great investment property, this brick 4 plex is located close to downtown shopping with reliable tenants. Hot water heat. Rental income of $1380/month. New roof, furnace & water heater are 4 yrs old. Ample parking area behind building. 2 apartments are efficiencies & 2 are 1 bdr apts.
Year
Property tax
Land + Additions
Assessment*
2026
$2,002 (+9.0%)
$16,500 + $125,140
$141,640
2025
$1,836 (−3.6%)
$16,500 + $125,140
$141,640
2024
$1,904 (−6.0%)
$16,500 + $125,140
$141,640
2023
$2,026 (+3.2%)
$14,730 + $109,290
$124,020
2022
$1,964 (+1.3%)
$11,690 + $93,970
$105,660
2021
$1,938 (+1.0%)
$11,690 + $93,970
$105,660
2020
$1,918 (+0.6%)
$10,720 + $86,450
$97,170
2019
$1,906 (+4.6%)
$10,720 + $86,450
$97,170
2018
$1,822 (+1.2%)
$10,720 + $83,820
$94,540
2017
$1,800 (−0.1%)
$10,720 + $83,820
$94,540
2015
$1,802 (+6.0%)
$5,800 + $86,410
$92,210
2014
$1,700
$5,800 + $86,410
$92,210
Tax history for 313 SE 3rd Ave Ave
Year
Property tax
Land + Additions
Assessment*
2026
$2,002 (+9.0%)
$16,500 + $125,140
$141,640
2025
$1,836 (−3.6%)
$16,500 + $125,140
$141,640
2024
$1,904 (−6.0%)
$16,500 + $125,140
$141,640
2023
$2,026 (+3.2%)
$14,730 + $109,290
$124,020
2022
$1,964 (+1.3%)
$11,690 + $93,970
$105,660
2021
$1,938 (+1.0%)
$11,690 + $93,970
$105,660
2020
$1,918 (+0.6%)
$10,720 + $86,450
$97,170
2019
$1,906 (+4.6%)
$10,720 + $86,450
$97,170
2018
$1,822 (+1.2%)
$10,720 + $83,820
$94,540
2017
$1,800 (−0.1%)
$10,720 + $83,820
$94,540
2015
$1,802 (+6.0%)
$5,800 + $86,410
$92,210
2014
$1,700
$5,800 + $86,410
$92,210
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
4,661 Sq. Ft.
Year renovated
1969
Sq. Ft.
1,238
Year built
1969
Style
Single Family Residential
County
Buchanan County
APN
06.34.459.006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, None
Interior
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Natural Gas
Room Information
Laundry Features: None
Exterior
Exterior Features
Patio And Porch Features: Covered, Porch
Roof: Asphalt
Building Information
Above Grade Finished Area: 1,886
Construction Materials: Brick
Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Raw Mls Property Sub Type: Fourplex
Lot Information
Lot Features: Irregular Lot
Lot Size Dimensions: 100 x 193 and 70 x 16
Lot Size Acres: 0.469
Zoning Description: R-3
Financial
Tax Information
Tax Annual Amount: $1,976
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Unit Type 1 Information
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $450
Unit Type 2 Information
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $450
Unit Type 3 Information
# of Bedrooms: 1
# of Bathrooms: 1
Actual Rent: $500
Unit Type 4 Information
# of Bathrooms: 1
Actual Rent: $385
Schools Information
Elementary School: Independence
Middle Or Junior School: Independence
High School: Independence
Public facts
Beds: 2
Baths: 1.5
Sq. Ft.: 1,238
Stories: 1.0
Lot Size: 4,661 square feet
Style: Single Family Residential
Year Built: 1969
Year Renovated: 1969
County: Buchanan County
APN: 06.34.459.006
Home facts updated by county records on Oct 15, 2026
Around this home
Schools
East Elementary School
Public K-2 • Assigned • 0.8mi
Independence Junior Senior High School
Public 7-12 • Assigned • 1.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Independence, IA • 50644
Average low and high temperatures (°F)
26
9
34
15
55
31
62
40
73
49
82
61
85
66
81
61
80
54
69
44
47
30
32
16
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.
10.1 hrs
4 hrs
JuneDecember
Provided by Shadowmap
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