404 Jefferson Street, Decorah, IA

$494,000

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3,585

Square feet

About 404 Jefferson Street

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.

Features of 404 Jefferson Street

MLS® # 20263849
Price $494,000
Square Footage 3,585
Year Built 1900
Type Residential Income
Sub-Type Quadruplex
Status Pending

Community Information

Address 404 Jefferson Street
City Decorah
County Winneshiek
State IA
Zip Code 52101

Amenities

Utilities Water in Rent
Parking Spaces 4
Parking Parking Space, On Street, None

Interior

Cooling Central Air

Exterior

Roof Asphalt
Construction Vinyl Siding

School Information

Elementary Decorah Community Schools
Middle Decorah Community Schools
High Decorah Community Schools

Additional Information

Date Listed August 13th, 2026
Days on Market 10
Zoning R-3
Gross Taxes $5,758

Listing Details

AgentMarcia Madrigal
OfficeKelly Real Estate Inc

Listing Map

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