Building Details

Year Built 1972

Listing Agency: Cedar Valley Property Solutions- Charles City

Listed By: Jake (William) Blumer · License #NBR3312

Source: Movewithvvre

Added: Jul 9 Changed: Aug 31 Last Checked: Sep 2 at 1:55PM

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Investment Insights

Based on property information with market context.

Built in 1972, this eight-unit apartment property includes updated flooring and new garage units. The complex is described as low maintenance, with units reported full and a waiting list for prospective renters.

Located at 732 High Street in Arlington, Iowa, the property is positioned for continued multifamily use. Existing improvements and reported renter demand provide a straightforward operating profile for the next owner.

Key Highlights

• Eight‑unit apartment property built in 1972
• New garage units added
• Updated flooring throughout the property

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Hair Salon Nail Salon Daycare Center Restaurant

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

35

Businesses Nearby

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Demographics for 50606, IA

777

Population

358

Households

2.2

Avg Household Size

49

Median Age

17%

College-Educated

93%

High-School Grad

67.3 sq mi

ZIP Area

12

Density / Sq Mi

$46,875

Median Household Income

$33,333

Median Earnings

$613

Median Rent

$112,300

Median Home Value

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 - Established multifamily property with renovated flooring, new garage units, and reported renter demand.

Where is this apartment building located?

The property is located at 732 High Street Arlington, IA.

What is the asking price?

The asking price for this property is $460,000.

What are key features of this property?

This property features: Eight‑unit apartment property built in 1972; New garage units added; Updated flooring throughout the property