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Updated 8-Unit Apartment Building
For Sale
$460,000

732 High Street, Arlington, IA 50606

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

Property Size5,628 SF
Price / SF$81.73
Days on Market106

Property Features for 732 High Street

General Information

Standard status Active
Size 5,628 SF
Property subtype Multi-Family
Zoning R-1
Lease Term Other

Taxes and HOA fees

Annual Taxes $2,652

Amenities

Brick/Mortar,Walk-Out Access
2nd Floor
4228
1400
Few Trees
Public
80x152 80x115
0.49
Garage,On Street,Parking Garage,Parking Space,Multiple

Building Details

Year Built 1972
Listing Agency: RE/MAX Concepts - Cedar Falls
Listed By: Emmaleigh Buck
Source: Pinnaclerealtyia
Added: Jul 7 Changed: Oct 19 Last Checked: Oct 19 at 3:52AM

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 RE/MAX Concepts - Cedar Falls

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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

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Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

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
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