8-Unit Apartment
For Sale
$1,200,000
811 N Montgomery Avenue, Eagle Grove, IA 50533
Commercial Sale, Eagle Grove, IA
Property SizeContact for details
Lot Size0.48 Acres
Days on Market140
Property Features for 811 N Montgomery Avenue
General Information
Property type
Commercial Sale
Property subtype
Apartment
Directions
From Iowa Ave. (Hwy 17) turn East onto NW 8th St. Both Units sit on the corner of NW 8th St. & Montgomery Ave.
Standard status
Active
APN
0927207002
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 1, 2 & 3 BLOCK 4 WRI 3RD
Tax Annual Amount
5256
Legal Description
LOTS 1, 2 & 3 BLOCK 4 WRI 3RD
Utilities
Heating system
Ductless (Heating)
Water source
Public
Building Details
Year built
2023
Number of units
8
Building materials
Vinyl Siding
Listing Agency:
North Iowa Real Estate
(515) 532-3917
Listed By:
Robert Powers · License #***
(515) 851-0938
Added: Apr 19
Changed: Sep 4
Last Checked: Sep 5 at 7:06PM
MLS# 6337389
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8-unit apartment property was built in 2023 and contains a mix of two- and three-bedroom residences. Units feature separate heat, electric, and water service, with utility costs paid by tenants. Ductless mini-split systems provide heating and cooling, while vinyl siding forms the exterior. Public water serves the property.
The offering also includes a second 8-unit building located next door at 811 N. Montgomery Avenue, creating a combined 16-unit package. The property is in Eagle Grove, Iowa, within Wright County.
The offering also includes a second 8-unit building located next door at 811 N. Montgomery Avenue, creating a combined 16-unit package. The property is in Eagle Grove, Iowa, within Wright County.
Key Highlights
- 8‑unit apartment building with 2- and 3‑bedroom units
- Built in 2023 with vinyl siding exterior
- Separate heat, electric, and water service for each unit
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 50533, IA
4,041
Population
1,681
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
90%
High-School Grad
97.7 sq mi
ZIP Area
41
Density / Sq Mi
$61,635
Median Household Income
$44,900
Median Earnings
$991
Median Rent
$103,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Recently built multifamily property with tenant-paid utilities and ductless heating and cooling.
Where is this apartment building located?
The property is located at 811 N Montgomery Avenue Eagle Grove, IA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8‑unit apartment building with 2- and 3‑bedroom units; Built in 2023 with vinyl siding exterior; Separate heat, electric, and water service for each unit
