Advertise
    Spirit Lake, IA
    Apartment Building

    Spirit Lake, IA Apartment Buildings for Sale

    Notify Me
    List
    Map
    Orleans, IA Okoboji, IA Arnolds Park, IA Wahpeton, IA Milford, IA Jackson, MN Estherville, IA Fostoria, IA
    Spirit Lake Eight-Unit Apartment Building
    Updated: Feb 23
    Spirit Lake Eight-Unit Apartment Building

    1501 Hill Ave, Spirit Lake, IA 51360

    $900,000
    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.
    View details
    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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spirit Lake, 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.

    Mankato Multifamily Investment Property
    Mankato Multifamily Investment Property

    221 E Walnut Street, Mankato, MN 56001

    $599,000
    0.68 AC lot

    Fully leased six-unit building in downtown Mankato.

    View details
    Multifamily Apartment Community
    Multifamily Apartment Community

    160 Homestead Road, Mankato, MN 56001

    Contact for pricing
    81,900 sqft

    72-unit multifamily property with strong occupancy and convenient access via major highways near Minnesota State University, Mankato.

    View details
    New Multifamily Property with Amenities
    New Multifamily Property with Amenities

    120 W Hatting St, Luverne, MN 56156

    $7,000,000

    Multifamily property built in 2023 with assumable HUD loan.

    View details
    City Centre Condominium Complex
    City Centre Condominium Complex

    109 E Luverne Street Units 101-336, Luverne, MN 56156

    $1,750,000
    75,000 sqft 2.22 AC lot

    32-unit complex in Luverne, featuring a full gymnasium.

    View details

    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.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details
    Norman Land For Luxury Condos
    Norman Land For Luxury Condos

    801 NW 36th Avenue, Norman, OK 73072

    $285,000
    0.74 AC lot

    Prime Norman land suitable for luxury condos development.

    View details
    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.

    View details
    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.

    View details

    Spirit Lake, IA Apartment Buildings Market Trends and Statistics

    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.

    List
    Map

    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 average 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 SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dickinson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Spirit Lake, IA

    Popular Categories

    Most Searched ZIP Codes in Spirit Lake, IA

    • 51360

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!