Gowrie, IA Apartment buildings for sale

Well-Maintained Multifamily Investment Opportunity

$459,900

9,214 SF

Well-Maintained Multifamily Investment Opportunity

1806 Main St, Gowrie, IA 50543

Eleven-unit multifamily property with income potential in Gowrie, Iowa.

High occupancy rate (90.9%) with steady income from 10 leased units.
Immediate upside potential with the 11th unit under remodel for market‑rate re‑rental.
Attractive 8.35% cap rate at the asking price of $459,900.
Low‑maintenance cash flow in a quiet community.
Additional income potential by converting the community room into a 12th unit (subject to approvals).

Updated: Mar 2

View details

$464,900

9,214 SF

Well-Maintained Multifamily Investment Opportunity

1806 Main St, Gowrie, IA 50543

Eleven-unit property in excellent condition with strong income potential.

High occupancy rate: 9 out of 11 units are currently rented, providing immediate income.
Well‑maintained property: The 11‑unit building is in excellent condition, suggesting low maintenance costs.
Mix of unit types: Features 10 one‑bedroom units and 1 two‑bedroom unit, catering to a broader tenant base.
Ample parking: 17 designated parking spots accommodate residents and guests.
On‑site amenities: Includes a laundry facility, storage/conference room, community room, and public restroom.

Updated: Feb 17

View details

Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Gowrie, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

$100,000

0.08 Acres

Mixed-Use Building in Downtown Core

Three-story building with cafe, bar, and apartments in Iowa.

1101 Central Ave, Fort Dodge, IA 50501

View details

Fort Dodge Multifamily Investment Property

$1,080,000

15,152 SF

Fort Dodge Multifamily Investment Property

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

131 N 8Th St, Fort Dodge, IA 50501

View details

Contact for pricing

6,190 SF

Historic Mixed-Use Building in Boone

Renovated 6-unit building with apartments and retail spaces.

812 Keeler St, Boone, IA 50036

View details

$229,900

Well-Kept Investment Property in Boone

Five-unit residential building with long-term tenants and income potential.

316 Boone St, Boone, IA 50036

View details

Gowrie, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Gowrie, IA on our real estate platform. These investment opportunities span a total of 99,317 square feet of properties for sale, with an estimated market value of $924,800.

Sale prices for two-family homes in Gowrie, IA start at $459,900, averaging $462,400, and reaching up to $464,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Gowrie, IA Apartment Buildings for Sale

Well-Maintained Multifamily Investment Opportunity

Eleven-unit multifamily property with income potential in Gowrie, Iowa.

Well-Maintained Multifamily Investment Opportunity

Eleven-unit property in excellent condition with strong income potential.