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    Mount Ayr, IA
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    Mount Ayr, IA Apartment Buildings for Sale

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    Corydon, IA Diagonal, IA Kellerton, IA Redding, IA Ellston, IA Beaconsfield, IA Clearfield, IA Lamoni, IA
    12-Unit Apartment Complex with In-Unit Laundry
    Updated: Jun 23
    12-Unit Apartment Complex with In-Unit Laundry

    1201 E South Street, Mount Ayr, IA 50854

    $1,100,000
    2.00 AC lot
    12‑unit apartment complex
    Over 2 acres of prime commercial real estate
    Highly visible location along Highway 2
    Apartment units feature two bedrooms, one bathroom, and in‑unit laundry
    Commercial office space currently occupied by a medical office
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    8-Unit Apartment Building
    Updated: Jul 28
    8-Unit Apartment Building

    501 N Taylor Street, Mount Ayr, IA 50854

    Contact for pricing
    Eight apartments with a balanced mix of four two‑bedroom and four one‑bedroom units
    12 open parking spaces plus green space
    2025 improvements include new roof, siding, gutters, and soffits
    Covered exterior entrance serves upper‑level apartments; garden‑level units also included
    Electric baseboard heat and window air conditioning in each apartment
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    Multifamily and Medical Office Building
    Multifamily and Medical Office Building

    1201 E South Street, Mount Ayr, IA 50854

    Contact for pricing

    A 12-unit residential complex with an on-site medical office, set on over 2 acres along Highway 2.

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Mount Ayr, 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.

    Multi-Building Apartment Portfolio
    Multi-Building Apartment Portfolio

    1006 SW 11th St, Leon, IA 50144

    Contact for pricing

    Portfolio of three eight-unit apartment buildings on one parcel, with updates including a 2019 metal roof and 2022 windows.

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    Brick Apartment Building with On-Site Laundromat
    Brick Apartment Building with On-Site Laundromat

    318 E Main Street, Lamoni, IA 50140

    $999,000
    1.00 AC lot

    Apartment building with 20 one-bedroom units plus a full commercial laundromat with washers and dryers.

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    Remodeled Apartment Building with Laundromat
    Remodeled Apartment Building with Laundromat

    318 E Main Street, Lamoni, IA 50140

    $999,000

    20-unit apartment building with laundromat near Graceland College.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    600 S main Street, Leon, IA 50144

    $199,999

    Fully occupied five-unit apartment building with forced-air heat, central air, and garage parking in Leon, 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.

    Commercial Buildable Land Parcel
    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
    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
    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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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Mount Ayr, IA Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Mount Ayr, IA, showcased through 3 active listings on our real estate platform.

    Sale prices for two-family homes in Mount Ayr, IA average $1,100,000 — 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 2,304
    Population Growth (5Y) -10.9%
    Median Household Income $69,352
    College Educated 33.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50854 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $28.25 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ringgold County

    New Delisted

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