Spirit Lake, IA
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    Spirit Lake, IA Apartment Buildings for Sale

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    Okoboji, IA Arnolds Park, IA Milford, IA
    Spirit Lake Eight-Unit Apartment Building
    $900,000

    Spirit Lake Eight-Unit Apartment Building

    1501 Hill Ave, Spirit Lake, IA 51360

    Eight-unit apartment building in downtown Spirit Lake, Iowa.

    • Strong income‑producing eight‑unit apartment building.
    • Prime location in revitalizing Downtown Spirit Lake, close to retail, restaurants, and entertainment.
    • Each apartment includes a highly desirable garage parking space.
    • Eight 2‑bedroom, 1‑bath apartments.
    • Well‑maintained building.
    Updated: Feb 23
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, IA, we suggest exploring several alternatives:

    Spirit Lake, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Spirit Lake, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for two-family homes in Spirit Lake, IA start at $900,000, averaging $900,000, and reaching up to $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 8,561
    Population Growth (5Y) +4.7%
    Median Household Income $77,464
    College Educated 44.0%

    High-Yield Neighborhoods for Investment

    Identify Spirit Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    51360 $900K

    Taxes & Financing

    Tax Rate (average for all types) 1.70%
    Property Tax per SF $16.92 per sq ft
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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