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Sold on 05/11/2024
Jayme Folkedahl of Kelly Real Estate Inc
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404 E Broadway St, Decorah, IA 52101

$313,000

Last sold 05/11/2024 for $159K

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    bed

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    bath

Multi-family not for sale
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About 404 E Broadway St

Property type Multi-family
Year built 1890
HOA fee $0/month
Lot size 7,878 Sqft
Movoto estimate
Rental estimate
Property description
Income property in great location! Both sides currently rented - ask agent for details. Shared laundry space. Gas & electric paid by tenants. Garbage and water paid by landlord. One year lease on 404 E. Broadway; month-to-month lease on 404 1/2. If you need a place to invest, this property is a great opportunity!
Listed by
Listing Agent - Jayme Folkedahl
Listing Agent Contact: 563-382-8406
Listing Office - Kelly Real Estate Inc
Source: Northeast Iowa Regional BOR mls logo
MLS#20241852 • last updated 2 years ago
Movoto checked Northeast Iowa Regional BOR for data 44 minutes ago
Overview
Cooling/AC None
Heating Radiant, Steam
Levels/Style Side Split
Type Residential Income
Year Built 1890
Interior
Basement Stone/Rock
Laundry Laundry Room
Exterior
Construction Wood Siding
# Open Parking Spaces 2
Amenities / Utilities
Sewer/ Septic Public Sewer
Utilities Cable Paid By Individual, Elec Individual Meters, Gas Individual Meters, Separate Meters, Water - Multiple Meters
Water Source Public
Location
County Winneshiek
Elementary School Decorah Community Schools
High School Decorah Community Schools
Middle School Decorah Community Schools
Zoning R-3
Multifamily Details
Tenant Pays Electricity, Gas
$313K
Range: $275K-$350K
Last 30 days 
Rental est.: $1,216/month
Gross rent multiplier: 10.9
  • Jun 2024
    Public Records
  • Jun 28, 2024 Sold
    $159,000
  • Jun 2024
    mls logo MLS # 20241852
  • Jun 28, 2024 Sold
    $159,000 (-5.9%)
  • May 12, 2024 Pending
    —
  • May 8, 2024 Listed
    $169,000 (+111.3%)
  • Aug 2019
    mls logo MLS # 20193141
  • Aug 21, 2019 Sold
    $80,000
  • Jun 17, 2019 Listed
    $89,000
  • Aug 2019
    Public Records
  • Aug 20, 2019 Sold
    $80,000 (-10.1%)
  • Year Property taxes Tax assessment
  • 2024
    $2,762 +4.1%
    $179,610 +22.38%
  • 2023
    $2,652 +0.3%
    $146,760
  • 2022
    $2,644 +30.1%
    $146,760 +15.65%
  • 2021
    $2,032 +3.9%
    $126,900 +25.97%
  • 2020
    $1,956 +12.8%
    $100,740 +5.85%
  • 2019
    $1,734 -0.5%
    $95,170
  • 2018
    $1,742 +1.8%
    $95,170 +5.58%
  • 2017
    $1,712 +1.8%
    $90,140
  • 2016
    $1,682 +5.3%
    $90,140
  • 2015
    $1,598
    —
  • 404 E Broadway St
    $159K
  • —
  • 52101
    $399K +33% y/y
  • Decorah
    $399K +33% y/y
No chart available
Statistics calculated by Movoto

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N/A
John Cline Elementary School
public Grades PK, K-2
Decorah Community School District
N/A
West Side Elementary School
public Grades PK, K
Decorah Community School District
7/10
Decorah Middle School
public Grades 5-8
Decorah Community School District
8/10
Carrie Lee Elementary School
public Grades 3-4
Decorah Community School District
9/10
Decorah High School
public Grades 9-12
Decorah Community School District
Source: GreatSchools.org © 2026. All rights reserved.

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