Seller's Agent in 2026
Trent Forrest
Iowa Elite Marketing Group
(319) 541-0621
181 Total Sales
4304 V St Homestead, IA 52236
Estimated Value: $161,000 - $267,000
7
Beds
4
Baths
2,682
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Brick or Stone Mason
- Living Room
- Forced Air Heating System
About This Home
As of April 2026Exceptional investment opportunity in the heart of Homestead with strong cash flow on day one! This property features a 4-unit historic multifamily property paired with an exceptional 3-bedroom single family home! With tenants in every unit, including the single-family home, this property has immediate income with proven long-term potential. Residents enjoy a large outdoor common space and off-street parking for every unit, a rare and valuable amenity. The single-family home on the property boasts updates throughout and provides excellent income or future owner-occupant flexibility. With its proximity to local industry and rental demand, this property is poised for continued success. Priced well under assessed value, this is a compelling opportunity for investors seeking a turnkey property with built-in equity and consistent returns.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1868
Lot Details
- Lot Dimensions are 93x300
Parking
- 4 Parking Spaces
Home Design
- Brick or Stone Mason
Interior Spaces
- 2,682 Sq Ft Home
- Living Room
- Oven or Range
Basement
- Partial Basement
- Block Basement Construction
Schools
- Clear Creek Elementary And Middle School
- Clear Creek High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 0850-0502-0
Community Details
Overview
- 5 Units
- Homestead Subdivision
Building Details
- Insurance Expense $4,627
- Maintenance Expense $2,000
- Water Sewer Expense $2,640
- Gross Income $43,920
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2026
Closed on
Apr 15, 2026
Sold by
Bought by
Seller's Agent
Trent Forrest
Iowa Elite Marketing Group
Buyer's Agent
Brandon Rudkin
Attain RE
List Price
$150,000
Sold Price
$165,000
Premium/Discount to List
$15,000
10%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,333
Avg. Annual Appreciation
104.58%
Original Mortgage
$127,300
Outstanding Balance
$126,938
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
$70,395
Purchase Details
Listed on
Dec 7, 2012
Closed on
Oct 1, 2013
Sold by
Bought by
Seller's Agent
Terry Stone
Home Navigator Real Estate
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%
Original Mortgage
$108,000
Interest Rate
4.58%
Mortgage Type
New Conventional
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $165,000 | None Listed On Document | ||
| $328,625 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $127,300 | ||
| Previous Owner | $280,000 | ||
| Previous Owner | $195,000 | ||
| Closed | $108,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/15/2026 04/15/26 | Sold | $165,000 | +10.0% | $62 / Sq Ft | |
| 03/02/2026 03/02/26 | Pending | -- | -- | -- | |
| 02/24/2026 02/24/26 | For Sale | $150,000 | -5.1% | $56 / Sq Ft | |
| 10/01/2013 10/01/13 | Sold | $158,000 | -9.7% | $26 / Sq Ft | View Prior Sale |
| 09/05/2013 09/05/13 | Pending | -- | -- | -- | |
| 12/07/2012 12/07/12 | For Sale | $175,000 | -- | $29 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,860 | $202,030 | $32,360 | $169,670 |
| 2024 | $2,774 | $197,760 | $25,110 | $172,650 |
| 2023 | $2,494 | $197,760 | $25,110 | $172,650 |
| 2022 | $2,882 | $152,670 | $25,110 | $127,560 |
| 2021 | $3,102 | $152,670 | $25,110 | $127,560 |
| 2020 | $3,286 | $152,670 | $25,110 | $127,560 |
| 2019 | $3,402 | $152,670 | $25,110 | $127,560 |
| 2018 | $3,530 | $152,670 | $25,110 | $127,560 |
| 2017 | $3,684 | $152,670 | $25,110 | $127,560 |
| 2016 | $3,914 | $152,670 | $25,110 | $127,560 |
| 2015 | -- | $152,670 | $25,110 | $127,560 |
| 2014 | -- | $123,570 | $25,110 | $98,460 |
Source: Public Records
Agents Affiliated with this Home
-
Trent Forrest
-
Jake McLaughlin
Seller Co-Listing Agent in 2026
Jake McLaughlin
Iowa Elite Marketing Group
(515) 720-9653
87 Total Sales
-
Brandon Rudkin
B
Buyer's Agent in 2026
Brandon Rudkin
Attain RE
(319) 594-1981
32 Total Sales
-
Terry Stone
Seller's Agent in 2013
Terry Stone
Home Navigator Real Estate
(319) 350-0798
25 Total Sales
-
Donald Fieldhouse
D
Buyer's Agent in 2013
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
(239) 774-6598
5,369 Total Sales
Map
Source: Iowa City Area Association of REALTORS®
MLS Number: 202601327
APN: 08-50-0502-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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