302-308 W State Street Mount Pleasant, IA ^$ 647,500

302-308 W State Street

^$ 647,500

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Recently Listed

302-308 W State Street

Mount Pleasant, IA, 52641

^$ 647,500

Studio Baths0.0 Sq 4,059

Monthly Estimate*

^$ 4,040

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Studio

Multi-Family Home for sale in Mount Pleasant, IA

for $647,500. This 4,059 square foot home was built in 1973 on a lot size of 0.14.

Investors check out this 4 plex unit with lots of updates and improvements and 100% occupied! Three units offer 3 bedrooms, 2 baths, laundry with washer and dryer, 1 car garage, kitchen with appliances, and living room with rear balcony. 1 unit offers 2 bedrooms, 2 baths, and 1 car garage. New vinyl siding on all units, new garage doors, new gutters, interior of units have been remodeled, all appliances staying including washer/dryers. Great opportunity for a positive cash flow on a well maintained 4 plex unit!

Multi-Family Active

Price

^$ 647,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 5,882

Style

Lot Size

0.14

Year Built

1973

Town/City

Mount Pleasant

County/Region

Henry

MLS | Web ID

6334022

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 4

Construction Materials Vinyl Siding

Year Built 1973

Property Subtype Quadruplex

Tax Year 2024

Gross Income 3900

Accessibility None

County Henry

Operating Expense 1

Property Type Residential Income

Contingency None

MaintenanceExpense 200

Status Active

Directions .

Association Name SEIA

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 6098.4

Tax Annual Amount 5882

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Living Area Units Square Feet

Standard Status Active

Legal Description REPLAT OF OL 40-45 LT A BEING THE EAST PT OL 45 & W 32' E 70' OL 45 & W30' E100.05' OL 45 & REPLAT OF OL 40-45 W30.26' N 160' OL 45 & E 6' N 160' OL 40 BEING LOT D

Interior

Basement Partial

Total Fireplaces 0

Fireplace Y/N N

Below Grade Finished Area 1275

Total Baths 0

Exterior

Water Source Public

Lot Dimensions unknown

Lot Size Acres 0.14

* Excluded Features

List By

Melissa Peitz

Listing Agent

Cottage Realty Llc

Broker

mcwhirter98@hotmail.com

Affordability Calculator

$4,530

Per Month

Monthly Principal & Interest: $4,040
Monthly Property Taxes: $490
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Mount Pleasant, IA

Average List Price ^$647,500

Percent of Sale Price 0%

About Mount Pleasant, IA

8,513 Population

-2% Since 2002

^$48,326 Median Income

37.75 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/26/2025	$647,500		Listed Price

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302-308 W State Street, Mount Pleasant, IA, 52641 is a Multi-Family Home for sale at $647,500 with 4,059 sqft and a lot size of 0.14. 302-308 W State Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 52641 which is in Mount Pleasant, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is 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.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/9/2025.

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302-308 W State Street

Multi-Family Home for sale in Mount Pleasant, IA

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