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    Clear Lake, IA
    Duplex

    Clear Lake, IA Duplexes for Sale

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    Ventura, IA Mason City, IA Orange City, IA
    Well-Maintained Duplex Near Downtown
    Updated: Mar 20
    Well-Maintained Duplex Near Downtown

    704 8th Avenue N, Clear Lake, IA 50428

    $210,000
    1,456 sqft
    Duplex built in 1910 with vinyl siding
    Each side has ~728 SF and offers 2 bedrooms with a full bath on the upper level and a half bath on the main
    Both units have their own basement, furnace, central A/C, electrical panel, and washer/dryer hookups
    Fireplace is featured in the property
    Detached double garage with a divided wall for tenant‑specific garage doors and stalls
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    This listing looks promising.

    Here's a quick look at some key insights for

    704 8th Avenue N, Clear Lake, IA 50428

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $178K
      Suggested

    • Property Type

      Duplex
      Built 1910
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    Remodeled Duplex with Two Garages
    Updated: Jun 24
    Remodeled Duplex with Two Garages

    805 805 1/2 W 10TH Street, Clear Lake, IA 50428

    $268,500
    1,308 sqft · 0.28 AC lot
    Fully remodeled duplex built in 1977
    Vinyl siding exterior with forced‑air heating
    Each unit features updated flooring, cabinets, and windows
    Each unit includes a garage parking space with brand‑new garage doors and openers
    Public water source
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    Remodeled Duplex Near Clear Lake
    Remodeled Duplex Near Clear Lake

    11 Sunset View Drive, Clear Lake, IA 50428

    $450,000
    2,818 sqft · 0.26 AC lot

    Turnkey duplex near Clear Lake's entertainment and downtown district.

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    Clear Lake Duplex For Sale
    Clear Lake Duplex For Sale

    207 8Th Avenue S, Clear Lake, IA 50428

    $259,900
    1,292 sqft · 0.16 AC lot

    Side-by-side duplex near downtown and lake access in Clear Lake.

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    Side-by-Side Duplex with Patios
    Side-by-Side Duplex with Patios

    207 8Th Avenue S, Clear Lake, IA 50428

    $259,900

    Each unit offers two bedrooms, one bath, outdoor patio space, storage, and ample parking near downtown and lake access.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Clear Lake, 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.

    Side-by-Side Duplex with Attached Garages
    Side-by-Side Duplex with Attached Garages

    1012-1018 Wealthy Street, Albert Lea, MN 56007

    $249,900
    2,080 sqft · 2.00 AC lot

    Two mirrored units offer flexible living options with in-unit laundry hookups and separate utilities.

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    Duplex Income Property
    Duplex Income Property

    922 Jefferson Avenue, Albert Lea, MN 56007

    $164,999
    1,637 sqft · 0.14 AC lot

    Duplex with two bedrooms per unit and existing monthly tenants, offering an owner-occupant or investor income setup.

    View details
    Eagle Grove Multifamily Property
    Eagle Grove Multifamily Property

    324 S Washington, Eagle Grove, IA 50533

    $245,000
    2,240 sqft

    Multifamily property in Eagle Grove, Iowa. Contact agent for showings.

    View details
    Eagle Grove Multifamily Investment Property
    Eagle Grove Multifamily Investment Property

    200 210 S Washington, Eagle Grove, IA 50533

    $245,000
    2,008 sqft

    Multifamily property in Eagle Grove, Iowa. Units rent for $855.

    View details

    Clear Lake, IA Duplexes Market Trends and Statistics

    Explore 5 duplexes for sale in Clear Lake, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,874 square feet of properties for sale, with an estimated market value of $1,188,400.

    Sale prices for duplexes in Clear Lake, IA start at $210,000, averaging $297,100, and reaching up to $450,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5

    Demographics Overview

    Population 9,093
    Population Growth (5Y) -2.6%
    Median Household Income $72,932
    College Educated 43.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50428 $289.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $22.31 per SF
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cerro Gordo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cerro Gordo County

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