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Rock Rapids, IA Apartment Buildings for Sale

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Historic Mixed-Use Building in Iowa
$399,000
0.15 Acres

Historic Mixed-Use Building in Iowa

202 1St Ave, Rock Rapids, IA 51246

Charming historic building with income potential in Rock Rapids.

  • Prime Main Street location in downtown Rock Rapids.
  • Income‑producing property with two active businesses (bar and retail) on the main level.
  • Three modern, renovated apartments on the second floor provide steady rental income.
  • Expansive, unfinished third floor offers potential for additional residential units, offices, or studio space.
  • Historic building with unique charm and character.
Last Update: Oct 21
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Rock Rapids Commercial Opportunity
$72,000
0.08 Acres

Rock Rapids Commercial Opportunity

213 1St Ave, Rock Rapids, IA 51246

Downtown Rock Rapids building with potential for retail or apartments.

  • Prime downtown location with high foot traffic and proximity to businesses.
  • Priced below market for a quick sale.
  • Spacious layout suitable for retail, office space, or apartments.
  • Solid structure providing a good foundation for renovation.
  • High visibility in the heart of Rock Rapids.
Last Update: Nov 17
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rock Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Luverne, MN Luxury Apartment Complex
$8,500,000
54,000 SF

Luverne, MN Luxury Apartment Complex

Energy-Efficient Apartments, Prime Location
120 Hatting St, Luverne, MN 56156
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Updated Condo in 55+ Community
$68,000
550 SF

Updated Condo in 55+ Community

Tastefully updated 1-bedroom condo in a welcoming 55+ community.
200 S Freeman Ave, Luverne, MN 56156
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Sioux Falls Multifamily Investment Opportunity
$6,550,000
70,272 SF

Sioux Falls Multifamily Investment Opportunity

Two buildings with 84 units, high occupancy, and remodeling.
3400-3404 East 11Th St, Sioux Falls, SD 57103
View details
Mixed-Use Property With Retail
$875,000
12,554 SF

Mixed-Use Property With Retail

Mixed-use property featuring apartments and retail spaces for sale.
2412 E 10Th St, Sioux Falls, SD 57103
View details

Rock Rapids, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Rock Rapids, IA on our real estate platform. These investment opportunities span a total of 10,019 square feet of properties for sale, with an estimated market value of $471,000.

Prices for two-family homes in Rock Rapids, IA start at $72,000, averaging $235,500, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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