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    Spirit Lake, IA
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    Spirit Lake, IA Duplexes for Sale

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    Orleans, IA Arnolds Park, IA Wahpeton, IA Milford, IA West Okoboji, IA Jackson, MN Lake Park, IA Estherville, IA
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    Near-New Ranch Duplex
    Updated: Nov 7, 2025
    Near-New Ranch Duplex

    1940 35th Street, Spirit Lake, IA 51360

    $399,000
    2,439 sqft 0.24 AC lot
    Built in 2022 near‑new ranch duplex
    Main‑level kitchen/living area plus additional lower‑level living space
    Forced air heat with central air
    Fireplace and patio overlooking the pond
    Concrete driveway and Smart Board construction
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    This listing looks promising.

    Here's a quick look at some key insights for

    1940 35th Street, Spirit Lake, IA 51360

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $306K
      Suggested

    • Property Type

      Single Family Residence
      Built 2022
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    Lakefront Duplex with West-Facing Views
    Updated: Jul 25
    Lakefront Duplex with West-Facing Views

    10585 Crowley Avenue, Spirit Lake, IA 51360

    $779,000
    3,628 sqft 0.30 AC lot
    Completely renovated duplex on Big Spirit Lake
    West‑facing views over the water
    0.2993‑acre lot
    3,628 SF total building area
    Central air and forced‑air heating
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    Duplex With Walk-Out to the Water
    Duplex With Walk-Out to the Water

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,848 sqft

    New construction duplex with a walk-out lower level that leads directly to the water, plus deck and dock.

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    Duplex with Dock
    Duplex with Dock

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,834 sqft

    New construction duplex with a deck and dock, featuring a walk-out lower level that leads directly to the water.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Water-View Duplex
    Water-View Duplex

    2297 165th St, Spirit Lake, IA 51360

    $390,000
    1,500 sqft 1.00 AC lot

    Two-level income property with separate access, shared laundry, and updated lower-level finishes overlooking Center Lake.

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    Contemporary Duplex with Zero-Entry Access
    Contemporary Duplex with Zero-Entry Access

    3102 Spruce Court, Spirit Lake, IA 51360

    $419,900
    1,425 sqft 0.14 AC lot

    New construction two-bedroom, two-bath duplex featuring zero-entry access and a covered patio for low-maintenance living.

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    Contemporary Two-Bedroom Duplex
    Contemporary Two-Bedroom Duplex

    3102 Spruce CT., Spirit Lake, IA 51360

    $419,900
    1,425 sqft 0.18 AC lot

    Contemporary two-bedroom, two-bath duplex with forced-air heat and public water and sewer, under construction for 2026.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Spirit 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.

    Ranch Duplex with Deck
    Ranch Duplex with Deck

    603 202nd Street, Milford, IA 51351

    $550,000
    2,988 sqft 0.23 AC lot

    Ranch duplex built in 2007 with central air, forced-air heat, and a deck plus an association swimming pool.

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    Duplex with Brick/Stone Exterior
    Duplex with Brick/Stone Exterior

    802 Le Hillier Street, Mankato, MN 56001

    $249,900
    2,550 sqft 0.22 AC lot

    Two-unit duplex on a 0.218-acre lot, with private entrances, appliance packages, and forced-air heating.

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    Single-Story Duplex with 2-Car Garage
    Single-Story Duplex with 2-Car Garage

    3329 Prairie Meadow Drive, Milford, IA 51351

    $349,000
    1,221 sqft 0.19 AC lot

    Single-level duplex in the Nature Trails community with main-floor laundry and an attached two-car garage.

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    Duplex with Private Entrances and Patio
    Duplex with Private Entrances and Patio

    802 LeHiller Street, Mankato, MN 56001

    $249,900
    0.22 AC lot

    Duplex on a gravel driveway with forced-air heat, featuring two private entrances and a block patio for outdoor living.

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    Spirit Lake, IA Duplexes Market Trends and Statistics

    Explore 7 duplexes for sale in Spirit Lake, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 18,099 square feet of properties for sale, with an estimated market value of $6,387,800.

    Sale prices for duplexes in Spirit Lake, IA start at $390,000, averaging $912,542, and reaching up to $1,990,000 — 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 7
    Apartment buildings 1

    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 $912.5K

    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)

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