Knoxville, IA Apartment buildings for sale

Updated: Nov 17, 2025

24-Unit Multifamily Investment Opportunity

1718 & 1804 Dolores Street, Knoxville, IA 50138

$1,550,000

9,751 sqft 0.68 AC lot

24‑unit multifamily complex with all 2‑bedroom units
Private balconies included for units
9 garages on the property
Extra storage units provided
Public water and public sewer

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Updated: Jun 18

Turnkey Restaurant with Rental Apartments

3906 E Main St, Knoxville, IA 50138

$795,000

4,224 sqft

Year built 1952
Fully equipped restaurant with owners living quarters directly above
6 occupied rental apartments
Large outdoor space for entertainment
Includes a furnished condo in Madeira Beach, Florida on the 11th floor with water views

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Knoxville, 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.

Courtyard Apartments Multifamily

1453 North 11th Avenue East, Newton, IA 50208

$2,595,000

31,069 sqft 3.39 AC lot

Value-add 44-unit multifamily community with 2- and 3-bedroom units across townhome and apartment-style buildings.

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Newton Iowa Apartment Portfolio

115 South 5th Avenue West, Newton, IA 50208

$670,000

8,424 sqft 0.51 AC lot

12-unit apartment building with recent roof improvements in Newton, Iowa.

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Des Moines Multifamily Investment Opportunity

2127 Indianola Avenue, Des Moines, IA 50315

$2,250,000

14,336 sqft

35-unit multifamily property near Des Moines CBD.

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Value-Add Multifamily Apartment Community

920 Meadow Lane, Des Moines, IA 50315

$5,900,000

6.86 AC lot

102-unit apartment community across multiple parcels with surface parking in Des Moines, Iowa.

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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, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

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

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Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000

0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

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

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Knoxville, IA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Knoxville, IA on our real estate platform. These investment opportunities span a total of 13,975 square feet of properties for sale, with an estimated market value of $2,345,000.

Sale prices for two-family homes in Knoxville, IA start at $795,000, averaging $1,172,500, and reaching up to $1,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
50138	$1M

Neighborhood

Average Price

50138

$1M