# 17 W 4th Street, Atlantic, IA 50022

> **TL;DR:** multi-family, $550,000, built 1940.
> A/C. Est. $2,383/mo. Listed 42 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Year Built | 1940 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 42 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1940

## Description

### Agent Description
Investment opportunity in Atlantic, IA! This 2-story commercial building features 11 apartment units with strong income potential and value-add opportunity. The property includes 8 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, offering a versatile unit mix to attract a variety of tenants. Currently, 5 units are occupied, 3 units are rent-ready, and 3 units are in the process of being remodeled-providing immediate income with room to increase cash flow. Vacant units have received updates including fresh paint, new flooring, and general maintenance improvements. Hallways are also being refreshed with new paint and linoleum flooring, enhancing overall appeal. All apartments include a kitchen refrigerator and stove. Some units share heat while others have separate systems. There is no central air; certain units have window A/C units, and others require tenant-supplied cooling. Whether you're looking to expand your portfolio or step into multifamily investing, this property offers strong potential with ongoing improvements already underway. A great business venture with opportunity to build equity and increase returns!

## Location

- **Address:** 17 W 4th Street, Atlantic, IA 50022
- **County:** Cass
- **Coordinates:** 41.406778, -95.014039
- **Google Maps:** https://www.google.com/maps?q=41.406778,-95.014039

## Listing Agent

- **Name:** Tracey Armentrout
- **Brokerage:** Audubon Real Estate
- **Phone:** 7123040157
- **Email:** traceyarmentrout@gmail.com

## Primary Photo

![17 W 4th Street - Primary Photo](http://lh.rdcpix.com/ba31530e1951b78ba2c2eae8a5290c51l-f4281840790r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/17-w-4th-street-atlantic-ia-50022-6335998)*

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**MLS#:** 6335998 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/17-w-4th-street-atlantic-ia-50022-6335998)

---

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