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8-Plex Residential Income Property

207 S Lake Street Lake Mills, IA 50450

207 S Lake Street, Lake Mills, IA, 50450
Contact for pricing
For Sale
Contact for pricing

8-plex rental property with six one-bedroom and two two-bedroom apartments, with select units updated with newer flooring and paint.

Days on Market48

Property Features for 207 S Lake Street

General Information

Standard status
Active
Property subtype
Multifamily, Hospitality

Building Details

Year Built
1880
Listing agency Realty ONE Group Black Diamond
Listed by Marisa Koppen · License #***
Source Crexi
Added: Jun 6 Updated: Jul 22 at 9:07PM Checked: Jul 22 at 9:07PM

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 Realty ONE Group Black Diamond


Investment Insights

Based on property information with market context.

This residential income property is an 8-plex rental building offering six one-bedroom apartments and two two-bedroom apartments. Several units have been refreshed with newer flooring and paint, providing updated interior finishes for tenants.

The property is offered for sale as an investment opportunity and is located at 207 S Lake Street in Lake Mills, IA 50450.

With a mix of one- and two-bedroom layouts, the building provides unit variety within a single ownership structure.

Key Highlights

  • 8‑plex rental property built in 1880
  • Unit mix includes 6 one‑bedroom apartments and 2 two‑bedroom apartments
  • Select units have newer flooring and paint updates

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Real Estate Agency Nail Salon Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hair Salon Storage Facility Carpet & Flooring Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 8-plex rental property with six one-bedroom and two two-bedroom apartments, with select units updated with newer flooring and paint.
Where is this apartment building located?
The property is located at 207 S Lake Street Lake Mills, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 8‑plex rental property built in 1880; Unit mix includes 6 one‑bedroom apartments and 2 two‑bedroom apartments; Select units have newer flooring and paint updates
Contact an agent
(641) 590-0465 Call to check price and availability
More about this property
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