Investment Opportunity in Dundee, Iowa! This 4-unit apartment building features four 1-bedroom, 1-bath units, each with its own comfortable layout. Tenants enjoy the convenience of shared on-site laundry. Situated on a huge lot, there’s excellent potential to add a garage or additional storage to increase income possibilities. Whether you’re expanding your rental portfolio or starting your investment journey, this property offers steady rental income and room for future growth.
Single-familyProperty Type
1983Year Built
$99Price/Sq.Ft.
Listed by Kayla Aulwes• EXIT Realty Driftless Group
Business Opportunity! Well maintained four-plex in Dundee. Each unit has one bedroom. Many recent updates including new roof, some windows, plumbing, updated baths, etc. There is a large yard with other development potential.
Year
Property tax
Land + Additions
Assessment*
2026
$2,384 (+2.1%)
$15,900 + $144,100
$160,000
2025
$2,336 (+2.4%)
$15,900 + $144,100
$160,000
2024
$2,282 (+0.4%)
$15,900 + $144,100
$160,000
2023
$2,272 (−12.3%)
$15,900 + $128,600
$144,500
2022
$2,592 (+78.3%)
$15,900 + $128,600
$144,500
2021
$1,454 (−3.7%)
$14,400 + $112,200
$126,600
2020
$1,510 (+16.5%)
$17,900 + $49,700
$67,600
2019
$1,296 (−5.4%)
$17,900 + $49,700
$67,600
2018
$1,370 (−3.4%)
$17,900 + $49,700
$67,600
2017
$1,418 (−36.8%)
$14,400 + $40,100
$54,500
2015
$2,242
$14,400 + $40,100
$54,500
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.96 Acres
Year renovated
1983
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,518
Year built
1983
Style
Multi-Family (5+ Unit)
County
Delaware County
APN
510000106910
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 29, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Dundee, IA • 52038
Average low and high temperatures (°F)
26
10
34
16
53
31
61
41
71
50
81
62
83
66
79
61
78
56
67
45
47
32
32
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.1 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 108 S Center St
$238,264
$11K under list price of $249K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $145K to $349K.