USAIALake MillsLm Subdiv E 7 Ac Se Sw 2-99-23403 S 4Th Ave E
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$109,900

For Sale

A month ago

403 S 4Th Ave E, Lake Mills, IA

House

MLS® 6340028

0 Bed

0 Bath

1811 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1811 sqft
Garage Yes
Taxes $1,782
Days Active 32
Lot Size 0.48 Acres
Approx. Age 1890
Avg. Price Per Sqft $60
MLS® Number 6340028

Property Address: 403 S 4th Ave E, Lake Mills, IA, 50450-1657

Average square foot calculated using Size range provided by listing agent.

Description

Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments—an efficiency unit and a one-bedroom unit—and a spacious two-bedroom apartment on the upper level. A new boiler installed in 2025 adds peace of mind for future ownership. Situated on a generous 0.48-acre lot, tenants can enjoy plenty of outdoor space, and the detached double garage offers additional storage or the potential for future rental income, as it has not previously been utilized by tenants. All utilities are currently included in the rent, making this a turnkey investment with room for future value-add opportunities. Don't miss your chance to start—or grow—your real estate portfolio with this solid income-producing property!
MLS® Number6340028
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1890
BasementFull
Driveway
Garage Spaces
HeatHot Water
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 6, 2026List Date
$109,900List Price
  • Commute

Commute

Starting Address
Destination Address
403 S 4Th Ave E, Lake Mills, IA

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