Multifamily

Boone, IA Multifamily Properties for Sale

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Ogden, IA Pilot Mound, IA Luther, IA Ames, IA Madrid, IA Woodward, IA Gilbert, IA Sheldahl, IA
Five-Unit Apartment Building
Updated: May 12
Five-Unit Apartment Building

316 Boone Street, Boone, IA 50036

$225,000
3,269 sqft 0.25 AC lot
Five‑unit apartment property totaling 3,269 square feet
Built in 1890 on a 0.2479‑acre lot
316 Boone Street location near downtown Boone
Interior refreshes and new flooring in some units
Partial roof replacement and new furnace
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Triplex with Detached Garage
Updated: Jun 8
Triplex with Detached Garage

527 Boone Street, Boone, IA 50036

$195,000
2,024 sqft 0.14 AC lot
Three‑unit property with 2,024 square feet of building area
Detached two‑car garage
0.1446‑acre lot with off‑street parking
Full basement with coin‑operated laundry
Updated vinyl siding, windows, and roof
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Triplex with Detached Garage
Triplex with Detached Garage

527 Boone St, Boone, IA 50036

$195,000
2,024 sqft

Three-unit property with central air, updated exterior components, basement laundry, and off-street parking near downtown.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Boone Iowa Apartment Community
Boone Iowa Apartment Community

1104 8th St, Boone, IA 50036

Contact for pricing
42,122 sqft

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

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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

Opportunities in Nearby Cities

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

4-Unit Brick Apartment Building
4-Unit Brick Apartment Building

1307 Florida Avenue, Ames, IA 50014

$510,000
4,026 sqft 0.30 AC lot

Each residence includes two fireplaces, double bathroom sinks, and an in-unit washer and dryer.

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39-Unit Apartment Community
39-Unit Apartment Community

4733 Toronto Street, Ames, IA 50014

$3,000,000

The property offers one- and three-bedroom layouts, with roof and select interior and mechanical upgrades completed.

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Remodeled Triplex with Cottage Units
Remodeled Triplex with Cottage Units

212 N Main Street, Woodward, IA 50276

$169,500
0.28 AC lot

Three remodeled residences provide a compact multifamily layout with one two-bedroom unit and two one-bedroom units.

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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.

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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.

2028 Mamie Eisenhower Ave
MOBILE HOME PARK, TRAILER PARK

2028 Mamie Eisenhower Ave, Boone, IA 50036-4433

Estimated value:
$255,000
4.28 AC lot
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1901 1st St
MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Estimated value:
$245,000
6.38 AC lot
View details
1901 1st St
MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Estimated value:
$220,000
0.69 AC lot
View details
1901 1st St
MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Estimated value:
$235,000
3.13 AC lot
View details
Boone, IA 50036
MOBILE HOME PARK, TRAILER PARK

Boone, IA 50036

Estimated value:
$270,000
5.35 AC lot
View details

Boone, IA Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Boone, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 49,439 square feet of properties for sale, with an estimated market value of $615,000.

Sale prices for multifamily properties in Boone, IA start at $195,000, averaging $205,000, and reaching up to $225,000 — 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

Apartment buildings 3
Triplexes 2

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 $183.7K

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%

Total CRE Inventory on Market (SF)

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