Courtesy: Kelly Real Estate Inc
563-382-8406
Investment Opportunity in Decorah! Well-maintained 4-unit apartment building located just 3 blocks from downtown Decorah and close to the middle school. Each unit includes its own off-street parking space. Unit 1: 1 bed, 1 bath with patio; completely renovated in 2020. $1,045/month Unit 2: 2 bed, 1 bath with a long-term tenant. $770/month Unit 3: 1 bed, 1 bath; completely renovated in 2025. $900/month Unit 4: Turnkey 2 bed, 2 bath Airbnb with deck; completely renovated in 2023. 2025 revenue: $19,098 Additional improvements include a roof replaced in 2017 and vinyl siding installed in 2019. This is a great opportunity to add a solid income-producing asset to your investment portfolio! Call your Realtor today for more information and to schedule a private showing.
Decorah is located in Iowa. Decorah, Iowa has a population of 7,767. Decorah is less family-centric than the surrounding county with 28.76% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Decorah, Iowa is $55,480. The median household income for the surrounding county is $65,330 compared to the national median of $69,021. The median age of people living in Decorah is 34.1 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 7.8 degrees. The average rainfall is approximately 35.6 inches per year, with 39.5 inches of snow per year.
