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    Oelwein, IA Apartment Buildings for Sale

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    Mixed-Use Retail and Apartments Building
    Updated: Jun 20
    Mixed-Use Retail and Apartments Building

    1 S Frederick Avenue, Oelwein, IA 50662

    Contact for pricing
    9,510 sqft
    Mixed‑use commercial building (1890) with seven income‑producing spaces: five upper‑level apartments plus two retail storefronts
    Apartment mix includes three 1‑bedroom units and two 2‑bedroom units
    Main level has a spacious open retail area currently vacant and ready for an owner‑occupant or new tenant
    Separate smaller retail space is already leased, providing immediate rental income
    Over the past 15 years, capital improvements include updated windows, roof, water heater, sidewalks, and sewer and water lines
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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 1 Active listings in Oelwein, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Mixed-Use Downtown Buildings
    Mixed-Use Downtown Buildings

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    $499,900
    0.14 AC lot

    Two adjacent historic buildings combine storefront units, basement space, and apartments, with additional vacant third-floor conversion potential.

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    93-Unit Senior Housing Community
    93-Unit Senior Housing Community

    315 Walnut St, Waterloo, IA 50703

    $3,200,000
    1.16 AC lot

    Well-maintained 93-unit senior housing community in downtown Waterloo, Iowa, offered for sale with pro-forma available.

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    Mixed-Use Downtown Storefront and Apartments
    Mixed-Use Downtown Storefront and Apartments

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    Contact for pricing
    14,900 sqft

    Two side-by-side historic buildings offer storefront commercial units with six apartment units above and additional vacant space on the third floor.

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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    501 W 4th St, Waterloo, IA 50701

    Contact for pricing
    7,552 sqft

    Mixed-use property with office/retail spaces and residential units.

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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.

    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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    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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    Off-Market Properties in Oelwein, IA

    Consider similar Off-Market properties in Oelwein, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    102 8Th Ave
    Multifamily properties

    102 8Th Ave, Oelwein, IA 50662

    Value Estimation by Request
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    Oelwein, IA Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Oelwein, IA on our real estate platform. These investment opportunities span a total of 9,510 square feet of properties for sale.

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    Demographics Overview

    Population 6,497
    Population Growth (5Y) -3.9%
    Median Household Income $49,145
    College Educated 22.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50662 $147K

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $31.95 per SF
    Tax Rate vs County Average 0.42 pp above county avg
    Average Loan-to-Value 65.0%

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