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$540,000
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17 W 4th Street Overview
- Time on Site:
- 118 days
- Visits:
- 85
Investment opportunity in Atlantic, IA! This 2-story commercial building features 11 apartment units with strong income potential and value-add opportunity. The property includes 8 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, offering a versatile unit mix to attract a variety of tenants. Currently, 5 units are occupied, 3 units are rent-ready, and 3 units are in the process of being remodeled—providing immediate income with room to increase cash flow. Vacant units have received updates including fresh paint, new flooring, and general maintenance improvements. Hallways are also being refreshed with new paint and linoleum flooring, enhancing overall appeal. All apartments include a kitchen refrigerator and stove. Some units share heat while others have separate systems. There is no central air; certain units have window A/C units, and others require tenant-supplied cooling. Whether you’re looking to expand your portfolio or step into multifamily investing, this property offers strong potential with ongoing improvements already underway. A great business venture with opportunity to build equity and increase returns!
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17 W 4th Street Facts & Features
- Type Commercial
Details
General
Listing Information
- Contingency: None
Building Information
- Year Built: 1940
Business Information
- Current Use: Residential
Location/Region
- County Or Parish: Cass
- Postal City: Atlantic
Tax Information
- Tax Annual Amount: 3536
- Tax Year: 2024
General Information
- Parcel Number: 303005357001000
- Possible Use: Other
- Property Sub Type: Apartment
- Property Type: Commercial Sale
- Zoning: Residential-Multi-Family
Interior
Parking Information
- Garage Spaces: 0
General Information
- Accessibility Features: None
- Appliances: Range,Refrigerator
- Basement: Full,Unfinished
- Cooling: Window Unit(s)
- Flooring: Carpet,Vinyl
- Heating: Forced Air
- Living Area Units: Square Feet
Exterior
Parking Information
- Open Parking Spaces: 12
- Parking Features: Additional Parking,On Street
Lot Information
- Lot Size Dimensions: 100x70
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Rubber
General Information
- Number Of Units Total: 11
- Road Frontage Type: City Street
- Sewer: City Sewer/Connected
- Utilities: Electric Common,Electric Separate,Heating Common,Heating Separate,Hot Water Common,Hot Water Separate
17 W 4th Street Neighborhood
Community
50022 (ATLANTIC) Demographics
44
Median Age
50
Population Density (per sq. mile)
35%
College Educated
$50,907
Estimated Median Income
2,580
Estimated Total Home Owners
1,228
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.17 W 4th Street Monthly Cost
17 W 4th Street Market Data
Based on the last 30 days in this zip code
$219,454
Average List Price
$113
Average Price per Square Foot
8
Properties Sold
169
Average Days on Market
42
Properties for Sale
17 W 4th Street History
| Date | Value | Agent |
|---|---|---|
| 4/15/2026Source: NoCoast MLS | $540,000 -1.8% |
|
| 3/3/2026Source: NoCoast MLS | March 03, 2026 |
Listing provided courtesy of Audubon Real EstateNoCoast MLS- MLS# 6335998