Multifamily

Cambridge, IA Multifamily Properties for Sale

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Huxley, IA Ames, IA Maxwell, IA Kelley, IA Elkhart, IA Slater, IA Nevada, IA Bondurant, IA
Mixed-Use Property with Retail Space
Updated: Mar 24
Mixed-Use Property with Retail Space

222 Water Street, Cambridge, IA 50046

$799,900
0.14 AC lot
Two retail spaces and four residential units in one mixed‑use property
Three brand new two‑bedroom apartments with full baths
Stainless steel appliances and in‑unit washers and dryers in the new apartments
Handicap‑accessible studio apartment
0.137 acres with C zoning
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Mixed-Use Building with Retail
Updated: Mar 23
Mixed-Use Building with Retail

222 Water St, Cambridge, IA 50046

$799,900
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
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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
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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

Opportunities in Nearby Cities

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

Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

2304 Knapp Street, Ames, IA 50014

$600,000
2,778 sqft 0.20 AC lot

Four rental units with recent improvements, central air, and convenient access to Iowa State University.

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8-Unit Apartment Building
8-Unit Apartment Building

215 Jewel Dr, Ames, IA 50010

$950,000
1,120 sqft

Eight apartments provide a varied bedroom mix, with two full baths in every unit.

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Apartment Building with Renovated Kitchens
Apartment Building with Renovated Kitchens

1521 S G Ave, Nevada, IA 50201

$2,100,000
16,594 sqft

Property includes renovated studio kitchens, coin-operated laundry, and a two-bedroom manager’s apartment.

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Duplex Property with Garages
Duplex Property with Garages

1319 W 3rd Street, Nevada, IA 50201

$315,000
2,208 sqft

Ranch-style duplexes with central air, public utilities, and garage parking across a multi-property package.

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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

Estimated value:
$90,000
3.21 AC lot
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Cambridge, IA Multifamily Properties Market Trends and Statistics

Explore 3 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 $1,599,800.

Sale prices for multifamily properties in Cambridge, IA average $799,900 — 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 2

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 $849.9K

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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