Central City, IA
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    Central City, IA Apartment Buildings for Sale

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    Coggon, IA Alburnett, IA Marion, IA
    Central City Multifamily Investment Property
    $439,000
    5,000 SF
    Central City Multifamily Investment Property

    50 W Broadway, Central City, IA 52214

    Well-maintained 6-unit property with strong occupancy history.
    • 6‑unit multi‑family with unit mix of (2) 1‑bed, (2) 2‑bed, and (2) 3‑bed units
    • All 6 units currently occupied with a history of minimal vacancy over past years
    • Four units have private exterior entrances
    • Coin‑operated laundry on‑site with 2 washers and 2 dryers
    • Additional income from (3) detached garages rented at $50/month
    Updated: Apr 14
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Central City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Edgewood, IA Income-Generating Property
    $180,000
    Edgewood, IA Income-Generating Property

    Three buildings with apartments, restaurant, and bar in Edgewood.

    115 N Washington Street, Edgewood, IA 52042

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    Cedar Rapids Multifamily Investment Opportunity
    $705,000
    Cedar Rapids Multifamily Investment Opportunity

    Two six-unit buildings with garages, value-add potential.

    361 30th St Dr SE, Cedar Rapids, IA 52403

    View details
    Established Restaurant with Apartment Above
    $250,000
    Established Restaurant with Apartment Above

    Turn-key restaurant with a two-bedroom apartment in Edgewood, Iowa.

    100 N Washington Street, Edgewood, IA 52042

    View details
    NewBo District Mixed-Use Investment
    $5,800,000
    29,240 SF
    NewBo District Mixed-Use Investment

    Mixed-use investment property in Cedar Rapids' NewBo District.

    329 SE 12th Avenue, Cedar Rapids, IA 52403

    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

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    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

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    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 Central City, IA

    Consider similar Off-Market properties in Central City, 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.

    439 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,320 SF Lot: 0.06 Acres
    Value Estimation by Request

    439 Main St, Central City, IA 52214-7736

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    24 4th N St
    APARTMENT HOUSE (UNDER 5 UNITS)
    864 SF Lot: 0.04 Acres
    Value Estimation by Request

    24 4th N St, Central City, IA 52214-7700

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    38 4th N St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,470 SF Lot: 0.07 Acres
    Value Estimation by Request

    38 4th N St, Central City, IA 52214-7700

    View details
    160 3rd N St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,334 SF Lot: 0.23 Acres
    Value Estimation by Request

    160 3rd N St, Central City, IA 52214-9315

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    50 Broadway St
    Multifamily properties
    5,000 SF Lot: 0.30 Acres
    Value Estimation by Request

    50 Broadway St, Central City, IA 52214

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    259 Marion S Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,455 SF Lot: 1.92 Acres
    Value Estimation by Request

    259 Marion S Rd, Central City, IA 52214-9461

    View details

    Central City, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 7 apartment buildings for sale in Central City, IA on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $439,000.

    Sale prices for two-family homes in Central City, IA start at $439,000, averaging $439,000, and reaching up to $439,000 — 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 2,770
    Population Growth (5Y) -22.8%
    Median Household Income $83,450
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify Central City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    52214 $439K

    Taxes & Financing

    Tax Rate (average for all types) 2.28%
    Property Tax per SF $25.17 per sq ft
    Tax Rate vs County Average 0.72 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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