Sold
Last Sold Price
4 baths3,482 sqft
4304 V Street, Homestead, IA 52236
Multi FamilyProperty Type
0.64 acresLot Size
1868Year Built
$47/sq ftPrice per sq ft
4 carsParking Spaces

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...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.
  • Listed by: Trent Forrest 319.541.0621 trent@iaelitemarketing.com • Iowa Elite Marketing Group
  • Listed by: Jake McLaughlin 515.720.9653 jake@iaelitemarketing.com • Iowa Elite Marketing Group
Listing closed: 04/15/2026 12:00 AM • Source: Iowa City Area AOR, MLS#: 202601327

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Listing Courtesy of Iowa Elite Marketing Group

Sold By Attain RE

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Payment Calculator

$1,091 per month

30 year fixed, 6.71% Interest

Principal and Interest

$853

Property Taxes

$238

HOA Dues

$0

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Property Information for 4304 V Street

Property Details
  • Taxes: $2,860 / year
  • MLS Type: Residential / Multi Family
  • County: Iowa County
  • Subdivision Name: HOMESTEAD
  • Zoning: Residential
Building Information
  • Residences: 5
  • Year Built: 1868
  • Lot Size: 0.64 AC / 27,900 SF
Summary
Location and General Information
  • Directions: From Hwy 6 in Homestead, head East on V Street. Property is on the South side of street.
  • Latitude: 41.760052
  • Longitude: -91.873953
  • MLS Area Major: Corridor Area
Taxes and HOA
  • Association Fee Frequency: Annually
  • Association: No
  • Parcel Number: 0850-0502-0
  • Tax Annual Amount: $2,860.00
  • Tax Year: 2025
School Information
  • Elementary School: Clear Creek
  • High School: Clear Creek
  • Middle Or Junior School: Clear Creek
Parking
  • Parking Features: Off Street
  • Parking Total: 4.0
Property
Lot Information
  • Lot Size Dimensions: 93x300
Property and Assessments
  • Above Grade Finished Area: 2682.0
  • Below Grade Finished Area: 800.0
  • Living Area: 3482.0
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1868
Building Features
  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Block
Green Features
  • Green Verification: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator
  • Basement: Block, Partial
  • Has Basement: Yes
  • Total Bathrooms: 1
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Has Heating: Yes
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Gross Income: $43,920
  • Insurance Expense: $4,627
  • Maintenance Expense: $2,000
  • Operating Expense: $10,931.00
  • Water Sewer Expense: $2,640.00
Unit Information
Unit 1
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
  • Baths Total: 1
  • Total Rent: $550.00
Unit 2
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
  • Baths Total: 1
  • Total Rent: $750.00
Unit 3
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
  • Baths Total: 1
  • Total Rent: $660.00
Unit 4
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
  • Baths Total: 1
  • Total Rent: $750.00

Property History for 4304 V Street

DateEvent & SourcePriceAppreciation
Apr 15, 2026

Sold (Public Record)

Public Record #1937841895

$165,000

-5.3% / yr

Apr 15, 2026

Sold

Iowa City Area AOR #202601327

$165,000
Mar 2, 2026

Contract Signed

Iowa City Area AOR #202601327

DateEvent & SourcePrice
04/15/2026

Sold (Public Record)

Public Record #1937841895

$165,000

-5.3% / yr

04/15/2026

Sold

Iowa City Area AOR #202601327

$165,000
03/02/2026

Contract Signed

Iowa City Area AOR #202601327

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4304 V Street

Taxable ValueLand$32,360Additions$169,670Total$202,030
Tax Record2025$2,860 ($238 / month)
Home Facts
Baths5Total Finished SqFt4,282 SqFtAbove Grade Finished SqFt3,482 SqFtFinished Basement SqFt800 SqFtStories1Lot Size27,878 SqFtStyleTriplexYear Built1868CountyIOWAAPN0850-0502-0

Schools near 4304 V Street

This home is within Clear Creek Amana Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 6 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Amana Elementary School
PublicPK to 4

Clear Creek Amana Middle School
Public6 to 8

Clear Creek Amana High School
Public9 to 12

Clear Creek Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4304 V Street, Homestead, IA 52236
$165,000
4
3,482
27,900
$165,000
3
3
3,328
29,185
3
1,924
30,492
$155,000
5
3,156
32,234
2
3
2,190
25,700
3
1.5
1,815
30,056

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iowa Elite Marketing Group

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Iowa City Area Association 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. Information deemed reliable but not guaranteed. The data is provided from an authorized source. Copyright © 2026 Iowa City Area Association of REALTORS®. All Rights Reserved.