Six-Story Multifamily
For Sale
$1,775,000
106 North 10th Street, Fort Dodge, IA 50501
Single-building multifamily property with 48 units in a 6-story structure and surface parking.
Property Size34,608 SF
Lot Size0.23 Acres
Price / SF$51.29
Days on Market109
Property Features for 106 North 10th Street
General Information
Standard status
Active
Size
34,608 SF
Lot size
0.23 Acres
Property subtype
Multifamily
Additional Details
Cap Rate
10.12%
Multifamily Units
48
Building Details
Year Built
1923
Stories
6
Tenancy
Multi
Listing Agency:
CBRE - Des Moines
(515) 314-1715
Listed By:
David Eckley · License #S65549000
(515) 314-1715
Source:
Cbre
Added: May 8
Changed: Aug 23
Last Checked: Aug 22 at 5:19PM
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 CBRE - Des Moines
Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of one building with six stories and 48 total units. The unit mix includes 18 studios, 21 one-bedroom units, 7 two-bedroom units, and 2-bedroom units with 1.5 bathrooms, built in 1923. The property also cites over $700,000 in recent capital improvements.
The building is located at 106 N 10th Street in Fort Dodge, Iowa. Parking is provided via surface spaces, and the site totals 0.23 acres.
If you’re evaluating the income profile, the listing notes a reported cap rate of 10.12% and an average in-place rent of $701, with a total building size of 34,608 square feet across the 48 units.
The building is located at 106 N 10th Street in Fort Dodge, Iowa. Parking is provided via surface spaces, and the site totals 0.23 acres.
If you’re evaluating the income profile, the listing notes a reported cap rate of 10.12% and an average in-place rent of $701, with a total building size of 34,608 square feet across the 48 units.
Key Highlights
- 48‑unit multifamily building in a single 6‑story structure
- 1923 year built with total building SF of 34,608
- Unit mix includes 18 studios, 21 1BR/1BA, 2 1BR/1.5BA, and 7 2BR/1BA
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 50501, IA
28,492
Population
13,198
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
92%
High-School Grad
152.2 sq mi
ZIP Area
187
Density / Sq Mi
$66,130
Median Household Income
$36,934
Median Earnings
$779
Median Rent
$139,700
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 - Single-building multifamily property with 48 units in a 6-story structure and surface parking.
Where is this apartment building located?
The property is located at 106 North 10th Street Fort Dodge, IA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: 48‑unit multifamily building in a single 6‑story structure; 1923 year built with total building SF of 34,608; Unit mix includes 18 studios, 21 1BR/1BA, 2 1BR/1.5BA, and 7 2BR/1BA
