308 Center St, Decorah, IA 52101
Pending
MLS ID #:
NBR20264631
Property Address:
308 Center St
Decorah, IA 52101
Decorah, IA 52101
County:
Winneshiek
Year Built:
1976
Property Type:
Residential Income
Sub-Type:
Quadruplex
Number of Units:
4
School:
Decorah Community Schools
Date Listed:
September 24th, 2026
Status:
Pending
Price:
$360,000.00
Gross Taxes:
$4,894.11
Gross Income:
$2,500.00
Operating Expense:
$842.00
Water/Sewer Expense:
$325.00
Tenant Responsible:
Electricity
Sale/Rent:
For Sale
Terms/Lease:
Over 9 Months
Sale/Lease Type:
Normal Sale
Docs on File:
Sellers Disclosure
Zoning:
R-2
Legal Desc:
LOTS 4&5, 2 of 6 and S 15' of L 1 of 6 BLK 2 WEST DEC 16-98-8
Laundry:
Laundry Closet
Basement:
Concrete, Finished
Garage Type:
Garage, Parking Space, Paved, Detached
Garage/Parking:
Garage, Parking Space, Paved, Detached
Off-Street Parking:
4.00
Fin Above Grade:
1,600 sq ft
Lot Sq Footage:
13,110
Lot Dimensions:
0x0
Reg/Irreg:
Irreg
Acres:
0.3
Lot Features:
Level
Road Frontage:
Hard Surface Road
Siding:
Brick
Construction:
Brick
Roof Type:
Asphalt
Utilities Available:
Cable Paid by Individual, Garbage in Rent, Water in Rent
Water Type:
Public
Sewer Type:
Public Sewer
Fuel Type:
Electric
Water Sep by Unit:
No
Elec Sep by Unit:
Yes
Heat Sep by Unit:
Yes
Heating:
Baseboard, Electric
Cooling:
Wall Unit(s)
Flood Plain Class:
C/X - Not in Flood Plain
Remarks: Well-maintained brick fourplex located on Decorah’s desirable west side, offering an excellent opportunity to own a solid multi-unit property in a sought-after location. Three of the four units are currently occupied, providing established rental income, while the fourth unit offers an opportunity for an owner-occupant or additional rental income. Recent updates include vinyl windows, mini-split systems providing efficient heating and cooling, a new concrete driveway leading to the garages, a new deck, and a radon mitigation system. The property also offers three garage spaces plus off-street parking for all four units, a valuable amenity for tenants. Unit 2 has been recently refreshed with new vinyl plank flooring and fresh paint throughout, providing a clean, updated living space. With its brick construction, desirable west-side location, garage parking, recent improvements, and strong rental potential, this fourplex is an attractive addition to an investment portfolio.
Listing Agent: Anne Dykstra
IDX data comes from the Northeast Iowa Regional Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.


























