4 Plex Portfolio - Shellsburg, IA

  • 107 Homer St & 303 Cottage St NW Shellsburg, IA
  • Under Contract
  • Year Built (1966)
  • 535,000
Investment Opportunity in Shellsburg, Iowa This offering includes two 4-unit apartment buildings (8 total units) being sold together for $535,000. Both properties feature separately metered utilities, consistent rental income, and low-maintenance ownership. 303 Cottage St was fully renovated in 2022 with updated interiors, while 107 Homer St offers stable occupancy and owned laundry. Located just minutes from Palo and Cedar Rapids, this is a solid opportunity in a growing Eastern Iowa market. All units are separately metered
  • Units: 8
  • Cap Rate: 7.6
  • NOI (Net Operating Income): 40,780

Investment Overview

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Capital Improvements

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Location

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Ownership Considerations

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Interested in This Property?

Interested buyers are encouraged to contact the listing agents for more details.

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