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    Algona, IA Apartment Buildings for Sale

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    Burt, IA Whittemore, IA West Bend, IA
    Renovated Multifamily Asset, Algona, IA
    $1,200,000
    Renovated Multifamily Asset, Algona, IA

    1906 90th Avenue, Algona, IA 50511

    Fully renovated multifamily asset with income and development potential.
    • Fully renovated multi‑family asset with strong in‑place income and significant upside potential.
    • Turn‑key investment with minimal deferred maintenance due to completed major improvements.
    • Expansive lot offers ample space for additional development to increase revenue and asset value.
    • Updated units with modern finishes, attractive stable tenancy, and consistent rental demand.
    • Located in a stable rental market in Algona with a strong tenant base.
    Updated: May 5
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Algona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fort Dodge Multifamily Investment
    $650,000
    12,438 SF
    Fort Dodge Multifamily Investment

    Ten-unit complex with individual utilities and garage stalls.

    1010-1020 Williams DR., Fort Dodge, IA 50501

    View details
    Versatile Commercial Building in Blue Earth
    $800,000
    5,500 SF
    Versatile Commercial Building in Blue Earth

    Adaptable 5,500+ sq ft commercial building with many potential uses.

    311 S Nicollet Street, Blue Earth, MN 56013

    View details
    Value-Add Apartment Opportunity
    $1,300,000
    19,200 SF
    Value-Add Apartment Opportunity

    Apartment complex with value-add potential in Blue Earth, Minnesota.

    830 Moore St., Blue Earth, MN 56013

    View details
    Fort Dodge Multifamily Investment
    $7,200,000
    48,000 SF
    Fort Dodge Multifamily Investment

    48-unit multifamily property in Fort Dodge, Iowa for sale.

    Regency West Ct 23rd Place N and N 15th Place, Fort Dodge, IA 50501

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Off-Market Properties in Algona, IA

    Consider similar Off-Market properties in Algona, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    114 En St
    APARTMENT HOUSE (5+ UNITS)
    4,371 SF Lot: 0.20 Acres
    Value Estimation by Request

    114 En St, Algona, IA 50511-2472

    View details
    318 Harlan St
    GARDEN APT, COURT APT (5+ UNITS)
    6,375 SF Lot: 0.28 Acres
    Value Estimation by Request

    318 Harlan St, Algona, IA 50511-3423

    View details
    309 Harlan St
    APARTMENT HOUSE (5+ UNITS)
    3,956 SF Lot: 0.24 Acres
    Value Estimation by Request

    309 Harlan St, Algona, IA 50511-3422

    View details

    Algona, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 4 apartment buildings for sale in Algona, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for two-family homes in Algona, IA start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,987
    Population Growth (5Y) +0.2%
    Median Household Income $60,256
    College Educated 33.5%

    High-Yield Neighborhoods for Investment

    Identify Algona submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50511 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.97%
    Property Tax per SF $23.63 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

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