Here is your chance to own an income producing investment property. This 4-unit property is completely occupied offering $2,450 in monthly rent. All four units have been remodeled making them easily rentable. The spacious entryway to the four-plex has also been remodeled and includes 4 large storage lockers, and coin operated laundry for the tenants. There are 2 units on the main level and two units on the upper level. 3 units are accessible from the inside and one unit is accessed from the outside. Landlord pays water ang gas. 4 separate electric meters. Call an agent to schedule a showing today.
Active
Price cut: $10K (4/8)
$215,000
427 E State St, Centerville, IA 52544
--beds
0baths
2,532sqft
Est.:
Quadruplex
Built in 1900
-- sqft lot
$209,400 Zestimate®
$85/sqft
$-- HOA
What's special
Coin operated laundrySpacious entryway
- 81 days |
- 53 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Anthony J Gevock 641-919-1784,
RE/MAX Pride Ottumwa
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6335316
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Radiant
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total interior livable area: 2,532 sqft
Property
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 0.3 Acres
Details
- Parcel number: 341011031510000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
- HOA name: SEIA
Location
- Region: Centerville
Financial & listing details
- Price per square foot: $85/sqft
- Tax assessed value: $184,200
- Annual tax amount: $3,168
- Date on market: 2/3/2026
- Cumulative days on market: 82 days
Estimated market value
$209,400
$199,000 - $220,000
$891/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Price change | $215,000-4.4%$85/sqft |
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| 3/3/2026 | Price change | $225,000-10%$89/sqft |
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| 2/3/2026 | Listed for sale | $250,000+42.9%$99/sqft |
Source: | ||
| 6/16/2025 | Sold | $175,000$69/sqft |
Source: | ||
| 6/10/2025 | Pending sale | $175,000$69/sqft |
Source: | ||
| 12/4/2024 | Listed for sale | $175,000$69/sqft |
Source: | ||
| 6/1/2024 | Listing removed | -- |
Source: | ||
| 11/30/2023 | Listing removed | $175,000$69/sqft |
Source: | ||
| 11/27/2023 | Price change | $175,000+9.4%$69/sqft |
Source: | ||
| 12/14/2022 | Pending sale | $159,900+3.2%$63/sqft |
Source: | ||
| 11/14/2022 | Sold | $155,000-3.1%$61/sqft |
Source: | ||
| 9/26/2022 | Contingent | $159,900$63/sqft |
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| 8/30/2022 | Listed for sale | $159,900$63/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,726 +1.2% | $184,200 +42% |
| 2024 | $2,694 +65.7% | $129,700 +7% |
| 2023 | $1,626 -9.9% | $121,210 +79.8% |
| 2022 | $1,804 +333.7% | $67,410 +3.7% |
| 2021 | $416 -8.4% | $64,990 +369.9% |
| 2020 | $454 -68.7% | $13,830 |
| 2019 | $1,448 -3.7% | $13,830 -65.8% |
| 2018 | $1,504 | $40,420 -0.7% |
| 2017 | $1,504 -10.4% | $40,690 |
| 2016 | $1,678 | -- |
| 2015 | $1,678 -8.8% | $39,800 |
| 2014 | $1,840 | $39,800 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,333/mo
Principal & interest
$1109
Property taxes
$224
More affordability tools
Climate risks
Neighborhood: 52544
Nearby schools
GreatSchools rating
- 5/10Lakeview Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Howar Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Centerville High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Appanoose County
- Centerville
- 52544
- 427 E State St





