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    Malvern, IA
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    Malvern, IA Apartment Buildings for Sale

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    15-Unit Apartment Building
    Updated: Oct 17, 2025
    15-Unit Apartment Building

    409 E 9th Street, Malvern, IA 51551

    $2,900,000
    17 sqft 1.71 AC lot
    15‑unit apartment property on 1.71 acres
    New electrical, plumbing, roof, and outdoor improvements in 2024
    Each unit has its own HVAC system, breaker box, and on‑demand water heater
    Kitchens and bathrooms feature glass tile backsplash finishes
    Custom trim and crown molding in every unit
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Malvern, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Six-Unit Apartment Building
    Renovated Six-Unit Apartment Building

    2638 S 3rd Street Plz, Omaha, NE 68108

    $1,050,000

    Fully renovated multifamily property with all units occupied and access to Omaha’s Old Market and downtown.

    View details
    Apartment Building with Development Land
    Apartment Building with Development Land

    1660 East Summit Street, Red Oak, IA 51566

    Contact for pricing
    25,500 sqft

    R-4 zoning and additional land support the property’s multifamily configuration and future development potential.

    View details
    5-Unit Apartment Property
    5-Unit Apartment Property

    1416 O Street, Omaha, NE 68107

    $380,000

    Four apartments occupy the primary residence, with a separate cottage at the rear.

    View details
    Historic Senior Living Community
    Historic Senior Living Community

    25 Linden Ave S, Council Bluffs, IA 51503

    Contact for pricing
    63,097 sqft

    36-unit independent senior living community in Council Bluffs, Iowa.

    View details

    Malvern, IA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Malvern, IA on our real estate platform. These investment opportunities span a total of 17 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for two-family homes in Malvern, IA average $2,900,000 — 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 1,877
    Population Growth (5Y) +7.6%
    Median Household Income $82,218
    College Educated 34.4%

    High-Yield Neighborhoods for Investment

    Identify Malvern submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51551 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $33.22 per SF
    Tax Rate vs County Average 0.23 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mills County

    New Delisted

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