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14-Unit Apartment Building
For Sale
$195,000

1209 E 5th Street, Tama, IA 52339

Apartment building with 14 units and on-site owner living quarters, plus parking for guests.

Property Size4,912 SF
Price / SF$39.70
Days on Market247

Property Features for 1209 E 5th Street

General Information

Standard status Active
Size 4,912 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Multifamily Units 14

Taxes and HOA fees

Annual Taxes $2,702

Building Details

Building Size 4,912 SF
Buildings 3
Listing Agency: Epique Realty
Listed By: Kyle Robinson · License #S62397000/475.163000
Source: Shawneehillsrealestate
Added: Dec 8, 2025 Changed: Aug 8 Last Checked: Aug 12 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Realty

Investment Insights

Based on property information with market context.

This apartment building includes 14 units and also has owner living quarters on site. The owner’s quarters feature two bedrooms along with a dining room, kitchen, and living room.

The property sits on just under one acre and includes plenty of parking for guests.

With multiple residential units and integrated owner space, the layout supports both rental income and owner occupancy within the same building.

Key Highlights

  • Apartment building with 14 units
  • Over 4,900 sq ft of living space
  • On‑site owner living quarters include 2 bedrooms plus dining room, kitchen, and living room

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 52339, IA

4,717
Population
1,650
Households
2.9
Avg Household Size
35
Median Age
14%
College-Educated
83%
High-School Grad
98.6 sq mi
ZIP Area
48
Density / Sq Mi
$59,522
Median Household Income
$41,486
Median Earnings
$729
Median Rent
$117,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building with 14 units and on-site owner living quarters, plus parking for guests.
Where is this apartment building located?
The property is located at 1209 E 5th Street Tama, IA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Apartment building with 14 units; Over 4,900 sq ft of living space; On‑site owner living quarters include 2 bedrooms plus dining room, kitchen, and living room
More about this property
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