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    Albia, IA
    Multifamily

    Albia, IA Multifamily Properties for Sale

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    Lovilia, IA Moravia, IA Blakesburg, IA Ottumwa, IA Bussey, IA Mystic, IA Unionville, IA Centerville, IA
    4-Unit Quadplex with Courtyard
    Updated: Jun 5
    4-Unit Quadplex with Courtyard

    18 S 5Th Street, Albia, IA 52531

    $235,000
    5,208 sqft
    Four‑unit property with 5,208 square feet
    Unit mix includes two 3‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
    Fully occupied with consistent rental history
    Each unit includes its own washer and dryer
    Shared courtyard with basketball hoop and picnic table
    View details
    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Albia, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    402 Richmond Ave, Ottumwa, IA 52501

    $165,000
    2,200 sqft

    Mixed-use configuration includes apartments, office areas, and a kitchenette within one commercial property.

    View details
    Two-Unit Duplex Investment
    Two-Unit Duplex Investment

    404 N 10TH Street, Centerville, IA 52544

    $40,000
    1,928 sqft

    Duplex for sale in Centerville, IA, with owner-covered water and trash expenses.

    View details
    3-Unit Mixed-Use Property
    3-Unit Mixed-Use Property

    402 Richmond Street, Ottumwa, IA 52501

    $165,000
    2,200 sqft

    Three-unit building combines residential apartments with office and kitchenette space in a flexible commercial layout.

    View details
    Mixed-Use Property with Storefronts
    Mixed-Use Property with Storefronts

    115 W Van Buren Street, Centerville, IA 52544

    Contact for pricing

    Commercial frontage and six residential units create a combined retail and apartment configuration.

    View details

    Albia, IA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Albia, IA on our real estate platform. These investment opportunities span a total of 5,208 square feet of properties for sale, with an estimated market value of $235,000.

    Sale prices for multifamily properties in Albia, IA average $235,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 5,885
    Population Growth (5Y) -1.6%
    Median Household Income $74,081
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

    Identify Albia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52531 $235K

    Taxes & Financing

    Tax Rate (average for all types) 2.40%
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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