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Mixed-Use Apartment Building
For Sale
$537,634

205 1st Street Northwest, Hampton, IA 50441

25-unit apartment building with five street-facing main-floor commercial units, several currently rented.

Property Size32,988 SF
Price / SF$16.30
Days on Market136

Property Features for 205 1st Street Northwest

General Information

Standard status Active
Size 32,988 SF
Property subtype Multifamily

Additional Details

Multifamily Units 25
Listing Agency: Staley Real Estate
Listed By: David Eckley · License #S44142
Source: Cbre
Added: Apr 12 Changed: Aug 23 Last Checked: Aug 25 at 5:40AM

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 Staley Real Estate

Investment Insights

Based on property information with market context.

This property is a 25-unit apartment building that includes five commercial units on the main floor. The commercial spaces have street frontage, providing direct visibility and public access. According to the seller, some of the commercial units are currently rented, and there are multiple opportunities available for the commercial spaces.

The building is located at 205 1st St NW in Hampton, IA 50441. The street-facing retail configuration is designed for convenient customer access from the public right-of-way.

From a layout standpoint, the property combines residential units with fronting main-floor commercial space, creating a mixed-use income profile within a single building.

Key Highlights

  • 25‑unit apartment building for sale
  • Includes five main‑floor commercial units with street frontage
  • Street‑facing commercial space provides public access

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Parking Lot & Garage Kitchen & Bath Showroom Garden Center

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

25
Residential units

Location Intelligence

Trade Area within ½ mile

355
Businesses Nearby

Demographics for 50441, IA

5,529
Population
2,548
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
92%
High-School Grad
148.4 sq mi
ZIP Area
37
Density / Sq Mi
$55,301
Median Household Income
$39,863
Median Earnings
$623
Median Rent
$124,000
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 - 25-unit apartment building with five street-facing main-floor commercial units, several currently rented.
Where is this apartment building located?
The property is located at 205 1st Street Northwest Hampton, IA.
What is the asking price?
The asking price for this property is $537,634.
What are key features of this property?
This property features: 25‑unit apartment building for sale; Includes five main‑floor commercial units with street frontage; Street‑facing commercial space provides public access
More about this property
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