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    Boone, IA Apartment Buildings for Sale

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    Des Moines, IA Dubuque, IA Ankeny, IA
    Well-Kept Boone Investment Property
    $229,900
    3,269 SF

    Well-Kept Boone Investment Property

    316 Boone Street, Boone, IA 50036

    Five-unit residential income property in Boone, Iowa, near downtown.

    • High income potential: $2800/month when fully occupied.
    • Opportunity for owner‑occupancy in Unit 2.
    • Multiple updates including partial roof replacement and new furnace.
    • Desirable features: Oversized windows, leaded glass, and some hardwood floors.
    • Spacious front porch.
    Updated: Oct 24, 2025
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    Parkview Terrace Multifamily Investment Opportunity
    $1,725,000
    23,760 SF

    Parkview Terrace Multifamily Investment Opportunity

    1003 Parkway Drive, Boone, IA 50036

    24-unit apartment community in Boone, Iowa with value-add potential.

    • High Occupancy Rate: 95.8% occupancy indicates strong tenant demand and consistent rental income.
    • Attractive Cap Rate: An 8.11% cap rate suggests a potentially lucrative investment opportunity.
    • Value‑Add Potential: Opportunity for increased revenue through interior unit renovations.
    • All 2BR/1.5BA Units: Desirable unit mix appealing to a broad tenant base.
    • Proximity to Major Employers: Located near a planned $676M Daisy Brands facility, potentially increasing tenant demand.
    Updated: Mar 25
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    Boone Iowa Apartment Community
    $3,595,000
    42,122 SF

    Boone Iowa Apartment Community

    57-unit apartment community in Boone, Iowa, near Iowa State.

    1104 8th St, Boone, IA 50036
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Spacious 8-Plex in West Ames
    $1,200,000
    7,904 SF

    Spacious 8-Plex in West Ames

    Well-maintained 8-unit property with recent updates in a desirable location.

    4524 Steinbeck Street, Ames, IA 50014
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    32-Unit Multifamily Community in Ankeny, Iowa
    $2,500,000
    25,600 SF

    32-Unit Multifamily Community in Ankeny, Iowa

    Well-maintained 32-unit apartment complex in Ankeny, Iowa.

    218 Northwest State Street, Ankeny, IA 50023
    View details
    Trilein Village Apartments For Sale
    Contact for pricing

    Trilein Village Apartments For Sale

    54-unit apartment community in Ankeny, Iowa.

    317 Northeast Trilein Drive, Ankeny, IA 50021
    View details
    Riverview Apartments in Ames, Iowa
    $2,850,000
    39,180 SF

    Riverview Apartments in Ames, Iowa

    43-unit apartment community near Iowa State University.

    3500 Grand Ave, Ames, IA 50010
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    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 Opportunity
    $2,750,000
    29.20 Acres

    Prime Development Land Opportunity

    29.2 acres of retail-zoned land in Springfield, Missouri.

    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
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    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
    View details

    Boone, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Boone, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,799 square feet of properties for sale, with an estimated market value of $229,900.

    Sale prices for two-family homes in Boone, IA start at $229,900, averaging $229,900, and reaching up to $229,900 — 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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