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    Boone, IA Multifamily Properties for Sale

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    Des Moines, IA Dubuque, IA Ankeny, IA
    Well-Kept Boone Investment Property
    $229,900
    3,269 SF

    Well-Kept Boone Investment Property

    316 Boone Street, Boone, IA 50036

    Five-unit residential income property in Boone, Iowa, near downtown.

    • High income potential: $2800/month when fully occupied.
    • Opportunity for owner‑occupancy in Unit 2.
    • Multiple updates including partial roof replacement and new furnace.
    • Desirable features: Oversized windows, leaded glass, and some hardwood floors.
    • Spacious front porch.
    Updated: Oct 24, 2025
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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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    Boone Iowa Apartment Community
    $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.

    Explore Opportunities in Nearby Cities

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

    Ames Multifamily Investment Opportunity
    $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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    Ames Multifamily Investment Opportunity
    $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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    32-Unit Multifamily Community in Ankeny, Iowa
    $2,500,000
    25,600 SF

    32-Unit Multifamily Community in Ankeny, Iowa

    Well-maintained 32-unit apartment complex in Ankeny, Iowa.

    218 Northwest State Street, Ankeny, IA 50023
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    Trilein Village Apartments For Sale
    Contact for pricing

    Trilein Village Apartments For Sale

    54-unit apartment community in Ankeny, Iowa.

    317 Northeast Trilein Drive, Ankeny, IA 50021
    View details

    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.

    Des Moines Development Land Available
    $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
    View details
    Improved Residential Lot Ready-to-Go
    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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    Residential Land in Murray, NE
    $150,000
    2.29 Acres

    Residential Land in Murray, NE

    2.29 acres of highway access zoned for residential use.

    811 Main Street, Murray, NE 68409
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    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details

    Explore 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

    2028 Mamie Eisenhower Ave

    MOBILE HOME PARK, TRAILER PARK • 4.28 Acres
    Value Estimation by Request
    2028 Mamie Eisenhower Ave, Boone, IA 50036-4433
    View details
    1901 1st St

    1901 1st St

    MOBILE HOME PARK, TRAILER PARK • 6.38 Acres
    Value Estimation by Request
    1901 1st St, Boone, IA 50036-4440
    View details
    1901 1st St

    1901 1st St

    MOBILE HOME PARK, TRAILER PARK • 0.69 Acres
    Value Estimation by Request
    1901 1st St, Boone, IA 50036-4440
    View details
    1901 1st St

    1901 1st St

    MOBILE HOME PARK, TRAILER PARK • 3.13 Acres
    Value Estimation by Request
    1901 1st St, Boone, IA 50036-4440
    View details
    Boone, IA 50036

    Boone, IA 50036

    MOBILE HOME PARK, TRAILER PARK • 5.35 Acres
    Value Estimation by Request
    Boone, IA 50036
    View details

    Boone, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 8 multifamily properties for sale in Boone, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 177,197 square feet of properties for sale, with an estimated market value of $684,900.

    Sale prices for multifamily properties in Boone, IA start at $220,000, averaging $228,300, and reaching up to $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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