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Boone, IA

Multifamily

Boone, IA Multifamily Properties for Sale

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Ogden, IA Pilot Mound, IA Luther, IA Madrid, IA Ames, IA Woodward, IA Gilbert, IA Berkley, IA

Downtown Mixed-Use Quadplex

Updated: Jun 2

Downtown Mixed-Use Quadplex

1026 8th Street, Boone, IA 50036

$119,900

3,125 sqft 0.07 AC lot

Downtown Boone building on E 8th St, across the street from Hy Vee
4 apartments total: 3 units on upper levels and 1 main floor unit
Main floor commercial space with 2 entry doors and could be divided into 2 spaces
Back main floor unit includes its own exterior entrance and deck
Public water and public sewer connected

Well-Kept Boone Investment Property

Updated: May 12

Well-Kept Boone Investment Property

316 Boone Street, Boone, IA 50036

$225,000

3,269 sqft 0.25 AC lot

Investment property with long‑term tenants
Close proximity to downtown
Multiple updates including partial roof replacement and new furnace
Features hardwood floors
Spacious front porch

Triplex with Detached Two-Car Garage

Triplex with Detached Two-Car Garage

527 Boone Street, Boone, IA 50036

$215,000

2,024 sqft 0.14 AC lot

Well-maintained triplex in Boone offers central heating and air, updated exterior, and coin-operated laundry convenience.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Boone Iowa Apartment Community

Boone Iowa Apartment Community

1104 8th St, Boone, IA 50036

$3,595,000

42,122 sqft

57-unit apartment community in Boone, Iowa, near Iowa State.

Seven-Unit Apartment Community with Garages

Seven-Unit Apartment Community with Garages

823 Doran Drive, Boone, IA 50036

$425,000

Small multifamily in Boone offers studio and 1–2 bedroom units plus detached garages and surface parking.

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, 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.

Ames Multifamily Investment Opportunity

Ames Multifamily Investment Opportunity

913 Garfield Avenue, Ames, IA 50014

$520,000

3,596 sqft 0.47 AC lot

Two well-maintained duplexes with strong rental history in Ames, Iowa.

Multifamily Property in West Ames

Multifamily Property in West Ames

1209 Mayfield Drive, Ames, IA 50014

$2,350,000

Well-maintained multifamily property with updated units and convenient location.

Remodeled Triplex Cottages

Remodeled Triplex Cottages

212 N Main Street, Woodward, IA 50276

$169,500

0.28 AC lot

Remodeled 1- and 2-bedroom cottages with tenant-paid utilities for a straightforward residential income setup.

Mixed-Use Laundromat and Apartments

Mixed-Use Laundromat and Apartments

115 S Main St, Woodward, IA 50276

$223,000

Income-focused mixed-use property combining a commercial laundromat with five rental units.

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.

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.

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.

Leavenworth Land For Sale

Leavenworth Land For Sale

13788 McIntyre1 Road, Leavenworth, KS 66048

$1,750,000

35.00 AC lot

35 acre commercial lot with utilities ready for development.

Lakefront Recreation Lot with Boat Lift

Lakefront Recreation Lot with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800

0.46 AC lot

Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

Off-Market Properties in Boone, IA

Consider similar Off-Market properties in Boone, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2028 Mamie Eisenhower Ave

MOBILE HOME PARK, TRAILER PARK

2028 Mamie Eisenhower Ave, Boone, IA 50036-4433

Value Estimation by Request

4.28 AC lot

MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Value Estimation by Request

6.38 AC lot

MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Value Estimation by Request

0.69 AC lot

MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Value Estimation by Request

3.13 AC lot

Boone, IA 50036

MOBILE HOME PARK, TRAILER PARK

Boone, IA 50036

Value Estimation by Request

5.35 AC lot

Boone, IA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Boone, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 50,540 square feet of properties for sale, with an estimated market value of $4,154,900.

Sale prices for multifamily properties in Boone, IA start at $119,900, averaging $1,038,725, and reaching up to $3,595,000 — 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

Demographics Overview

Population 16K

Population Growth (5Y) -0.8%

Median Household Income $74,107

College Educated 9.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
50036	$1.1M

Taxes & Financing

Tax Rate (average for all types) 2.32%

Property Tax per SF $27.84 per SF

Tax Rate vs County Average 0.14 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Boone County

New Delisted

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Most Searched ZIP Codes in Boone, IA

50036