Advertise
    Baxter, IA
    Multifamily

    Baxter, IA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Melbourne, IA Laurel, IA Mingo, IA Newton, IA Colfax, IA Maxwell, IA Kellogg, IA Colo, IA
    18-Unit Ranch Duplex Portfolio
    Updated: Jun 30
    18-Unit Ranch Duplex Portfolio

    204 N Main Street, Baxter, IA 50028

    $325,000
    2,616 sqft 0.21 AC lot
    Investor package: 18 duplex units in 9 buildings
    Ranch style duplex portfolio with central air
    0.21‑acre site listed with total property size of 2,616 SF
    Built in 2018 with vinyl siding and asphalt shingle roofing
    Forced air natural gas heating with public water and public sewer
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    204 N Main Street, Baxter, IA 50028

    View Property Analytics

    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $245K
      Suggested

    • Property Type

      Duplex
      Built 2018
    View Property Analytics
    18-Unit Ranch Duplex Portfolio
    Updated: Jun 30
    18-Unit Ranch Duplex Portfolio

    208 S Main Street, Baxter, IA 50028

    $325,000
    2,616 sqft
    18 duplex units across 9 buildings
    Ranch architectural style
    Built in 2018
    Central air and forced‑air natural gas heat
    Public water and public sewer
    View details
    18-Unit Duplex Portfolio
    18-Unit Duplex Portfolio

    200 N Main Street, Baxter, IA 50028

    $325,000
    2,616 sqft

    18-unit duplex portfolio built 2018 with ranch design, central air, garages, and public water and sewer.

    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Baxter, 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.

    Apartment Building with Renovated Kitchens
    Apartment Building with Renovated Kitchens

    1521 S G Ave, Nevada, IA 50201

    $2,100,000
    16,594 sqft

    Property includes renovated studio kitchens, coin-operated laundry, and a two-bedroom manager’s apartment.

    View details
    Duplex with Two-Bedroom Units
    Duplex with Two-Bedroom Units

    118 W 11th Street N, Newton, IA 50208

    $170,900
    1,568 sqft 0.20 AC lot

    Duplex on a small lot with two-bed, one-bath units, in-unit appliances, and public water and sewer.

    View details
    Courtyard Apartments Multifamily
    Courtyard Apartments Multifamily

    1453 North 11th Avenue East, Newton, IA 50208

    $2,595,000
    31,069 sqft 3.39 AC lot

    Value-add 44-unit multifamily community with 2- and 3-bedroom units across townhome and apartment-style buildings.

    View details
    33-Unit Apartment Building
    33-Unit Apartment Building

    1521 S G Avenue, Nevada, IA 50201

    $2,100,000
    16,594 sqft 2.05 AC lot

    Recently renovated 33-unit apartment building in MR R3 zoning with in-unit newly renovated kitchens and on-site coin laundry.

    View details

    Baxter, IA Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Baxter, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,848 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for multifamily properties in Baxter, IA average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3

    Demographics Overview

    Population 1,930
    Population Growth (5Y) +24.4%
    Median Household Income $70,982
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50028 $325K

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $34.65 per SF
    Tax Rate vs County Average 0.66 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jasper County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Baxter, IA

    Popular Searches in Baxter, IA

    Most Searched ZIP Codes in Baxter, IA

    • 50028

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!