Updated Multifamily Apartment
For Sale
$474,900
100 E 1St Avenue, Arthur, IA 51431
Commercial Sale, Arthur, IA
Property Size7,242 SF
Lot Size0.91 Acres
Price / SF$65.58
Days on Market64
Property Features for 100 E 1St Avenue
General Information
Property type
Commercial Sale
Property subtype
Apartment
Parking features
On Street
Directions
Google or Contact Realtor
Standard status
Active
APN
17-01-0114
Lot size
0.91 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
N 17' LOT 13 & LOTS 14-15-16-17-18 BLK 1 & LOTS 1-2 BLK 1
Tax Annual Amount
3112
Legal Description
N 17' LOT 13 & LOTS 14-15-16-17-18 BLK 1 & LOTS 1-2 BLK 1
Utilities
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1977
Number of units
11
Building materials
Wood Siding
Listing Agency:
Remer Realty & Appraisal LLC
(712) 364-2121
Listed By:
Daniel Remer · License #B44943000
(712) 371-2700
Added: Aug 6
Changed: Sep 7
Last Checked: Oct 8 at 12:06AM
MLS# 6341305
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 multifamily property includes two apartment buildings totaling 7,242 square feet and 11 units. The unit mix consists of four two-bedroom residences measuring 718 square feet each and seven one-bedroom residences measuring 600 square feet each. Five units have been fully remodeled with modern updates and natural light. The buildings were constructed in 1977 and feature wood siding, baseboard heating, window-unit cooling, and public water service.
The property is located in Arthur, Iowa, within Ida County. Reported occupancy was 93% from '25 - '26. The apartment configuration provides a combination of one- and two-bedroom housing within a compact two-building asset.
The property is located in Arthur, Iowa, within Ida County. Reported occupancy was 93% from '25 - '26. The apartment configuration provides a combination of one- and two-bedroom housing within a compact two-building asset.
Key Highlights
- 11 units across 2 apartment buildings
- 7,242 sq ft of total building area
- Unit mix includes 4 two‑bedroom and 7 one‑bedroom apartments
Property Analytics
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Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 51431, IA
404
Population
211
Households
1.9
Avg Household Size
40
Median Age
14%
College-Educated
95%
High-School Grad
37.9 sq mi
ZIP Area
11
Density / Sq Mi
$54,333
Median Household Income
$35,536
Median Earnings
$630
Median Rent
$83,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building apartment property with a mix of one- and two-bedroom units, including five remodeled residences.
Where is this apartment building located?
The property is located at 100 E 1St Avenue Arthur, IA.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: 11 units across 2 apartment buildings; 7,242 sq ft of total building area; Unit mix includes 4 two‑bedroom and 7 one‑bedroom apartments
