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Brick Apartment Building
For Sale
$109,000

303 2nd Street, Rolfe, IA 50581

Commercial Sale, Rolfe, IA

Property SizeContact for details
Lot Size0.93 Acres
Days on Market1545

Property Features for 303 2nd Street

General Information

Property type Commercial Sale
Property subtype Apartment
Parking features On Street
Directions From Broad St. Turn North on 2nd St. Property is on the right
Standard status Active
APN 0805179001
Lot size 0.93 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description W 1/2 THIRD ADD BLK 13
Tax Annual Amount 1640
Legal Description W 1/2 THIRD ADD BLK 13

Utilities

Heating system Baseboard
Water source Public

Building Details

Year built 1966
Number of units 8
Building materials Brick
Listing Agency: Thompson Real Estate
Listed By: Marlene Thompson · License #***
Added: Jul 7, 2022 Changed: Sep 7 Last Checked: Sep 28 at 12:06AM
MLS# 6300444

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 apartment building at 303 2nd Street in Rolfe, Iowa, occupies a 0.93-acre site and was constructed in 1966. The structure features brick construction, baseboard heating, and public water service. On-street parking serves the property. The parcel is zoned for residential use and is being sold in its current as-is condition. Its small-town setting in Pocahontas County provides a straightforward residential property profile for buyers seeking an existing apartment asset.

Key Highlights

  • 0.93‑acre site in Rolfe, Iowa
  • Brick construction completed in 1966
  • Zoned for residential use

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Hair Salon Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 50581, IA

833
Population
449
Households
1.9
Avg Household Size
47
Median Age
13%
College-Educated
84%
High-School Grad
95.8 sq mi
ZIP Area
9
Density / Sq Mi
$59,018
Median Household Income
$34,167
Median Earnings
$563
Median Rent
$78,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Residentially zoned property with baseboard heating and public water service.
Where is this apartment building located?
The property is located at 303 2nd Street Rolfe, IA.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 0.93‑acre site in Rolfe, Iowa; Brick construction completed in 1966; Zoned for residential use
More about this property
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