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    Fayette, IA Apartment Buildings for Sale

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    Arlington, IA Westgate, IA West Union, IA
    Mixed-Use Property in Downtown Fayette
    $60,000
    5,395 SF

    Mixed-Use Property in Downtown Fayette

    152 S Main Street, Fayette, IA 52142

    Three buildings with mixed-use potential in a college town.

    • Three buildings included in the property sale.
    • Main building features a 3‑bedroom apartment (or two separate apartments) for rental income.
    • Over 3000 sq ft of open space on the main floor between two attached buildings.
    • Located in downtown Fayette, a college town.
    • Versatile property suitable for various businesses (e.g., brewery, coffee house, restaurant).
    Updated: May 6, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fayette, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Asset Near Wartburg College
    $755,000
    0.21 Acres

    Mixed-Use Asset Near Wartburg College

    High-visibility mixed-use property with residential units and commercial potential.

    805 W Bremer Avenue, Waverly, IA 50677
    View details
    Waverly Multifamily Income Property
    $237,500
    4,300 SF

    Waverly Multifamily Income Property

    Five-unit income property in Waverly, Iowa, with potential for six.

    102 NW 9th Avenue, Waverly, IA 50677
    View details
    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
    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

    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
    View details

    Fayette, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Fayette, IA on our real estate platform. These investment opportunities span a total of 5,395 square feet of properties for sale, with an estimated market value of $60,000.

    Sale prices for two-family homes in Fayette, IA start at $60,000, averaging $60,000, and reaching up to $60,000 — 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 1,992
    Population Growth (5Y) +13.0%
    Median Household Income $48,718
    College Educated 36.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $16.58 per sq ft
    Tax Rate vs County Average 0.34 pp below county avg
    Average Loan-to-Value 65.0%

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