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4304 V St Homestead, IA 52236 • Multi Unit - Multiple • Pending

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Description

Exceptional investment opportunity in the heart of Homestead with strong cash flow on day one! This property features a 4-unit historic multifamily property paired with an exceptional 3-bedroom single family home! With tenants in every unit, including the single-family home, this property has immediate income with proven long-term potential. Residents enjoy a large outdoor common space and off-street parking for every unit, a rare and valuable amenity. The single-family home on the property boasts updates throughout and provides excellent income or future owner-occupant flexibility. With its proximity to local industry and rental demand, this property is poised for continued success. Priced well under assessed value, this is a compelling opportunity for investors seeking a turnkey property with built-in equity and consistent returns.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 7
Bathrooms: 4
County: Iowa
High School: Clear Creek
Subdivision: HOMESTEAD
Listed By:
Iowa Elite Marketing Group 319-642-0254 Trent Forrest
ICAAR MLS

Units

Unit 1:
Bedrooms: 2
Baths Full: 1
Rent: $550.00
Unit 2:
Bedrooms: 2
Baths Full: 1
Rent: $750.00
Unit 3:
Bedrooms: 2
Baths Full: 1
Rent: $750.00
Unit 4:
Bedrooms: 1
Baths Full: 1
Rent: $660.00
$150,000
Est. $1,009/mo
7beds
4baths
Pending
BEDS7 BATHS4 full MLS#202601327
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHOMESTEAD
Get In Touch

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Shown By

Agent Name: Jeff Dellitt
 Agent Phone: (563) 343-1028
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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4304 V St, Homestead, IA 52236.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $150,000$150,000$150,000
Down Payment $30,000$5,250$37,500
Monthly Mortgage Amount $700$848$897
Taxes $209$209$209
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$66$0
Monthly Estimated Total $1,009$1,223$1,206

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 12:17:42 AM EST) or MRED MLS (last updated Wed 03/04/2026 12:11:50 AM EST) or SCWMLS (last updated Tue 03/03/2026 11:54:38 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/03/2026 10:15:25 PM EST) or Cedar Rapids MLS (last updated Tue 03/03/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Wed 03/04/2026 12:08:41 AM EST) or ICAAR MLS (last updated Tue 03/03/2026 11:37:36 PM EST) or ECIMLS (last updated Tue 03/03/2026 11:44:17 PM EST) or RMLSA (last updated Wed 03/04/2026 12:10:54 AM EST) or Muscatine MLS (last updated Wed 03/04/2026 12:15:23 AM EST) or No Coast MLS (last updated Wed 03/04/2026 12:14:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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