403 S 4Th Avenue E

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Address: 403 S 4th Ave E, Lake Mills, IA 50450, USA
Chicago & Midwest + 2-4 Units
Created date: July 29, 2026
Date last updated: September 24, 2026
Price: $109,900Investment Analyzer NEW!

Property 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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $109,900
No. of Units: 3
Year Built: 1890
Lot Size: 1,811.00 Sq ft
Opportunity Zone: No
Price per unit: $36,633
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 403 S 4Th Avenue E, Lake Mills, IA 50450, USA
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