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Apartment Building with Separate Utilities
For Sale
$1,200,000

814 N Eagle Avenue, Eagle Grove, IA 50533

COMMERCIAL - Eagle Grove, IA

Property SizeContact for details
Lot Size1.28 Acres
Days on Market128

Property Features for 814 N Eagle Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Directions From Iowa Ave. (Hwy 17) turn East on NW 8th St. Building sits on corner of NW 8th St. and Eagle Avenue
Standard status Active
APN 0927207001
Lot size 1.28 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS 7-8-9-10-11-12 BLOCK 4 WRI 3RD
Tax Annual Amount 5438
Legal Description LOTS 7-8-9-10-11-12 BLOCK 4 WRI 3RD

Utilities

Heating system Ductless (Heating)
Water source Public

Building Details

Year built 2023
Number of units 8
Building materials Vinyl Siding
Listing Agency: North Iowa Real Estate
Listed By: Robert Powers · License #***
Added: Apr 19 Changed: Aug 19 Last Checked: Aug 24 at 3:06AM
MLS# 6337390

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 2023 apartment building contains eight units with a mix of two- and three-bedroom layouts. Vinyl siding and ductless mini-split systems provide the building’s heating and cooling, while each unit has separate heat, electric, and water service paid by the tenant. The property is mostly occupied and connected to public water.

Located at 814 N Eagle Avenue in Eagle Grove, Iowa, the offering is being sold with a matching eight-unit apartment building at 811 N. Montgomery as part of a combined package. Together, the adjacent properties provide a 16-unit multifamily offering. The package is situated on 1.28 acres.

Key Highlights

  • Eight‑unit apartment building completed in 2023
  • Two- and three‑bedroom unit mix
  • Separate heat, electric, and water service with tenant‑paid utilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store 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.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

Demographics for 50533, IA

4,041
Population
1,681
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
90%
High-School Grad
97.7 sq mi
ZIP Area
41
Density / Sq Mi
$61,635
Median Household Income
$44,900
Median Earnings
$991
Median Rent
$103,600
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 - Recently built multifamily property with tenant-paid electric, water, and individual heating and cooling systems.
Where is this apartment building located?
The property is located at 814 N Eagle Avenue Eagle Grove, IA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Eight‑unit apartment building completed in 2023; Two- and three‑bedroom unit mix; Separate heat, electric, and water service with tenant‑paid utilities
More about this property
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