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Nevada, IA Apartment Buildings for Sale

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Ames, IA Colo, IA Maxwell, IA Cambridge, IA Kelley, IA Roland, IA Gilbert, IA Huxley, IA
33-Unit Apartment Building
Updated: Nov 19, 2025
33-Unit Apartment Building

1521 S G Avenue, Nevada, IA 50201

$2,100,000
16,594 sqft 2.05 AC lot
33‑unit apartment complex with studio apartments and a 2‑bedroom manager’s apartment
Recently renovated kitchens in each unit
On‑site laundry room with coin‑operated machines
2.05‑acre site and 16,594 SF building
Built in 1997 with vinyl siding, natural gas heat, and asphalt shingle roof
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1521 S G Avenue, Nevada, IA 50201

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Apartment Building with Renovated Kitchens
Updated: Aug 3
Apartment Building with Renovated Kitchens

1521 S G Ave, Nevada, IA 50201

$2,100,000
16,594 sqft
33‑unit apartment complex with studio layouts
Each studio apartment includes a newly renovated kitchen
Two‑bedroom manager’s apartment on site
Coin‑operated laundry machines in a dedicated laundry room
Utility monitoring system installed
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Nevada, 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.

8-Unit Apartment Building
8-Unit Apartment Building

215 Jewel Dr, Ames, IA 50010

$950,000
1,120 sqft

Eight apartments provide a varied bedroom mix, with two full baths in every unit.

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8-Unit Apartment Building
8-Unit Apartment Building

215 Jewel Drive, Ames, IA 50010

$950,000
8,267 sqft 0.57 AC lot

The property offers a varied bedroom mix, two full baths per unit, and two recently renovated vacancies.

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32-Unit Multifamily Community in Ankeny, Iowa
32-Unit Multifamily Community in Ankeny, Iowa

218 Northwest State Street, Ankeny, IA 50023

$2,395,000
25,600 sqft

Well-maintained 32-unit apartment complex in Ankeny, Iowa.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

222 NW College Ave, Ankeny, IA 50023

Contact for pricing

Well-maintained eight-unit apartment complex in Ankeny, Iowa, positioned for long-term residential rental use.

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Nevada, IA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Nevada, IA on our real estate platform. These investment opportunities span a total of 33,188 square feet of properties for sale, with an estimated market value of $4,200,000.

Sale prices for two-family homes in Nevada, IA average $2,100,000 — 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 8,301
Population Growth (5Y) +0.0%
Median Household Income $81,989
College Educated 41.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50201 $2.1M

Taxes & Financing

Tax Rate (average for all types) 2.47%
Property Tax per SF $31.58 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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