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    Albert City, IA
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    Albert City, IA Multifamily Properties for Sale

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    Laurens, IA Newell, IA Fonda, IA Sioux Rapids, IA Storm Lake, IA Pocahontas, IA Lakeside, IA Alta, IA
    Nursing Home With Apartments
    Updated: Jul 29
    Nursing Home With Apartments

    410 Spruce St, Albert City, IA 50510

    Contact for pricing
    41,421 sqft
    41,421‑square‑foot property with 29 nursing home units
    16 market‑rate apartments included
    Renovated in 2003; originally constructed in 1965
    Zoned M - Residential (MR R3+)
    Located at 410 Spruce St, Albert City, IA 50510
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Albert City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    416 Michigan, Storm Lake, IA 50588

    $260,000
    5,015 sqft 0.17 AC lot

    Fully occupied residential property with one- and two-bedroom units, shared basement laundry, and exterior tenant parking.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    21 W 1ST ST, Spencer, IA 51301

    $175,000
    4,308 sqft 0.12 AC lot

    Partially renovated multifamily property with two occupied units and four units positioned for additional improvements.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    718 SENECA ST, Storm Lake, IA 50588

    $167,000
    2,488 sqft 0.14 AC lot

    Two residential units offer distinct layouts, recent property upgrades, and proximity to shopping and everyday services.

    View details
    68-Unit Concrete Apartment Building
    68-Unit Concrete Apartment Building

    110 4th Street SE, Spencer, IA 51301

    Contact for pricing

    Well-built concrete multifamily with individually metered electric and A/C in all units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

    View details
    Waterfront Land with Boat Lift
    Waterfront Land with Boat Lift

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Lake Thompson lake lot with on-site utilities and a Hewitt boat lift for convenient seasonal boating and fishing.

    View details
    Developed Multi-Pad Development Land
    Developed Multi-Pad Development Land

    N 41st St, Bethany, MO 64424

    $249,900
    10.00 AC lot

    10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

    View details
    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

    View details

    Albert City, IA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Albert City, IA on our real estate platform. These investment opportunities span a total of 41,421 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 1,055
    Population Growth (5Y) +2.0%
    Median Household Income $78,523
    College Educated 25.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.46%
    Property Tax per SF $32.91 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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