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Boone, IA Multifamily Properties for Sale

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Luther, IA Ogden, IA Madrid, IA

$225,000

3,269 SF

Well-Kept Boone Investment Property

316 Boone Street, Boone, IA 50036

Five-unit residential building with long-term tenants and recent updates.

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

Updated: May 12

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Parkview Terrace Multifamily Investment Opportunity

$1,725,000

23,760 SF

Parkview Terrace Multifamily Investment Opportunity

1003 Parkway Drive, Boone, IA 50036

24-unit apartment community in Boone, Iowa with value-add potential.

High Occupancy Rate: 95.8% occupancy indicates strong tenant demand and consistent rental income.
Attractive Cap Rate: An 8.11% cap rate suggests a potentially lucrative investment opportunity.
Value‑Add Potential: Opportunity for increased revenue through interior unit renovations.
All 2BR/1.5BA Units: Desirable unit mix appealing to a broad tenant base.
Proximity to Major Employers: Located near a planned $676M Daisy Brands facility, potentially increasing tenant demand.

Updated: Mar 25

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$3,595,000

42,122 SF

Boone Iowa Apartment Community

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

1104 8th St, Boone, IA 50036

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 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.

$1,050,000

1,824 SF

Ames Multifamily Investment Opportunity

Three adjacent multifamily properties for sale in Ames, Iowa.

4716 Hutchison Street, Ames, IA 50014

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$1,050,000

2,304 SF

Ames Multifamily Investment Opportunity

Three adjacent multifamily properties for sale in Ames, Iowa.

4713 Ontario Street, Ames, IA 50014

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Historic Mixed-Use Building in Jefferson

$250,000

0.07 Acres

Historic Mixed-Use Building in Jefferson

Charming mixed-use property in revitalizing downtown Jefferson.

104 N Wilson Avenue, Jefferson, IA 50129

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$250,000

Historic Mixed-Use Building in Jefferson

Charming three-story building with commercial and residential spaces.

104 N Wilson Avenue, Jefferson, IA 50129

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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.

$1,013,600

28.96 Acres

Des Moines Development Land Available

29 acres of development land near Fleur Dr and SW 9th.

01 County Line Road, Des Moines, IA 50320

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Contact for pricing

Improved Residential Lot Ready-to-Go

Affordable, improved corner lot in Davis City, Iowa.

SE Corner W High Street, Davis City, IA 50065

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$127,900

0.34 Acres

Lake Thunderhead Camper Lot

Camper lot at Lake Thunderhead, steps from water and amenities.

24114 Arrow Wood Court, Unionville, MO 63565

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$300,000

10.00 Acres

Bethany Land Ready For Development

10-acre commercial property with development potential near I-35.

0 N 41st St, Bethany, MO 64424

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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.