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505 4th Street Delhi, IA 52223 Multi Unit - Multiple ACTIVE

New - 20 Hours Ago
  • 505 4th Street, Delhi, IA 52223 Main Photo

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Description

Looking for additional cash flow or eager to expand your portfolio? Your path to success begins in Delhi with this fully rented fourplex. Each unit has been tastefully updated, and the building even includes a laundromat! There's more space for a 5th unit as well. This is an incredible opportunity you won't want to miss!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Delaware
Listed By:
Century 21 Signature Real Estate-Hiawatha Gabrielle Hardin 515-639-9787
ECIMLS

Units

Unit: 1
Bedrooms: 2
Baths: 1
Rent: $1,150
Unit: 2
Bedrooms: 2
Baths: 1
Rent: $1,150
Unit: 3
Bedrooms: 2
Baths: 1
Rent: $855
Unit: 4
Bedrooms: 1
Baths: 1
Rent: $900
Unit: 5
Bedrooms:
Baths:
Unit: 6
Bedrooms:
Baths:
$350,000
Est. $2,313/mo
1cars
New to the Market ACTIVE
BEDS0 BATHS MLS#154677
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple

Get in Touch

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Shown By

Agent Name: Otto Nobis
Agent Phone: (563) 340-9782
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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505 4th Street, Delhi, IA 52223.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $350,000$350,000$350,000
Down Payment $70,000$12,250$87,500
Monthly Mortgage Amount $1,724$2,144$2,197
Taxes $487$487$487
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$154$0
Monthly Estimated Total $2,313$2,887$2,786

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About this area

Iowa/Delhi
Delhi

View Listings

Find homes for sale in Delhi, IA, and learn about the local community and real estate market.

Home to the first courthouse in Delaware County, Delhi’s quaint and nature-packed city welcomed its first inhabitants in 1843. Within just two years, the citizens built a post office, and soon after, more settlers came to call Delhi their home. Surrounded by nature, residents enjoy a peaceful environment where they can explore local trails, rivers, lakes, neighborhood parks, and the charming main street district.

Though the population is less than 500, Delhi’s main street district is packed with local businesses creating employment and entertainment opportunities and fulfilling the locals’ everyday needs. You can find goods from flowers to hardware right around the corner. The local library is a popular destination for family-friendly activities, including an event called the Adventure Lab. Families gather to watch the kids play in the local Little League during baseball season. Social clubs, like the Women’s Club, are also popular among residents. Unique dining experiences are close, with the likes of Delhi Landing and The Pizza Place. Adventure seekers can spend the weekend at Big G’s Campground, where you can rent an ATV, fish, kayak, boat, and more.

Those looking for a farm, a ranch with a decent-sized lot, a quaint neighborhood home, or a lake house can find what they are looking for at reasonable prices.

Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.

Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776

About this community

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/21/2026. The listing information on this page last changed on 05/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/21/2026 7:33:00 AM EST) or MRED MLS (last updated Thu 05/21/2026 7:21:24 AM EST) or SCWMLS (last updated Wed 05/20/2026 11:54:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 05/20/2026 10:15:28 PM EST) or Cedar Rapids MLS (last updated Thu 05/21/2026 6:51:39 AM EST) or NEIRBR MLS (last updated Thu 05/21/2026 7:28:45 AM EST) or ICAAR MLS (last updated Wed 05/20/2026 11:37:29 PM EST) or ECIMLS (last updated Wed 05/20/2026 11:44:17 PM EST) or RMLSA (last updated Thu 05/21/2026 1:10:59 AM EST) or Muscatine MLS (last updated Thu 05/21/2026 2:00:09 AM EST) or No Coast MLS (last updated Thu 05/21/2026 7:04:14 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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