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    Cambridge, IA
    Multifamily

    Cambridge, IA Multifamily Properties for Sale

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    Huxley, IA Maxwell, IA Ames, IA Nevada, IA Elkhart, IA Slater, IA Bondurant, IA Ankeny, IA
    Mixed-Use Building with Retail
    Updated: Jun 24
    Mixed-Use Building with Retail

    222 Water St, Cambridge, IA 50046

    $999,999
    6,554 sqft
    Mixed‑use property with retail space plus four residential units in one location
    Includes a studio apartment that is handicap accessible
    Three brand new 2‑bedroom apartments, each with a full bath
    Each 2‑bedroom apartment includes stainless steel appliances
    Each 2‑bedroom apartment includes in‑unit washer and dryers
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    222 Water St, Cambridge, IA 50046

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $948K
      Suggested

    • Property Type

      Retail Stores
      Built 1890
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Cambridge, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Turnkey 8-Plex Rental Property
    Turnkey 8-Plex Rental Property

    215 Jewel Drive, Ames, IA 50010

    $995,000
    8,267 sqft 0.57 AC lot

    Well-maintained 8-unit multifamily building with multiple two- to four-bedroom layouts and two full baths per unit.

    View details
    Ranch Duplex Investment Package
    Ranch Duplex Investment Package

    1319 W 3rd Street, Nevada, IA 50201

    $315,000
    2,208 sqft

    Investor package includes 18 units across 9 duplex buildings in a residentially zoned area.

    View details
    Nevada Iowa Multifamily Investment
    Nevada Iowa Multifamily Investment

    1521 S G Avenue, Nevada, IA 50201

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

    Turnkey, renovated 33-unit apartment complex in Nevada, Iowa.

    View details
    Downtown 3-Unit Residential Income
    Downtown 3-Unit Residential Income

    611 Kellogg Avenue, Ames, IA 50010

    $289,000
    2,800 sqft

    Three fully updated units include on-site laundry and 18 rear parking spaces with alley access.

    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.

    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.

    View details
    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.

    View details
    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.

    View details
    Residential Lot in Wellsville, MO
    Residential Lot in Wellsville, MO

    412 Washington Street, Wellsville, MO 63384

    Contact for pricing
    0.17 AC lot

    Ready-to-build residential lot in a charming small town.

    View details

    Off-Market Properties in Cambridge, IA

    Consider similar Off-Market properties in Cambridge, 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.

    124 Riv St
    MOBILE HOME PARK, TRAILER PARK

    124 Riv St, Cambridge, IA 50046-7732

    Value Estimation by Request
    3.21 AC lot
    View details

    Cambridge, IA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Cambridge, IA on our real estate platform. These investment opportunities span a total of 6,554 square feet of properties for sale, with an estimated market value of $999,999.

    Sale prices for multifamily properties in Cambridge, IA average $999,999 — 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

    Quadplexes 1

    Demographics Overview

    Population 1,696
    Population Growth (5Y) +6.3%
    Median Household Income $91,944
    College Educated 45.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50046 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $25.37 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Story County

    New Delisted

    Total CRE Inventory on Market (SF)

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