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    Centerville, IA
    Multifamily

    Centerville, IA Multifamily Properties for Sale

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    Exline, IA Mystic, IA Moulton, IA Moravia, IA Unionville, IA Seymour, IA Albia, IA Melrose, IA
    Mixed-Use Building with Apartments
    Updated: Aug 10
    Mixed-Use Building with Apartments

    312 & 316 N 12th Street, Centerville, IA 52544

    $385,000
    0.18 AC lot
    Approximately 15,040 sq. ft. of total building area
    7,520 sq. ft. of main‑level commercial space
    Seven apartments located above the commercial area
    Business/Commercial zoning
    Brick building constructed in 1890
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    Brick Duplex
    Updated: Jun 26
    Brick Duplex

    116 N Haynes Avenue, Centerville, IA 52544

    $40,000
    1,611 sqft
    1,611‑square‑foot duplex at 116 N Haynes Avenue
    Brick construction dating to 1900
    Baseboard heating system
    Public sewer service
    Owner currently covers water and trash expenses
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    Stucco Duplex
    Stucco Duplex

    404 N 10TH Street, Centerville, IA 52544

    $40,000
    1,928 sqft

    Two-unit property with baseboard heating and public sewer.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Unit Duplex Property
    Two-Unit Duplex Property

    404 N 10TH Street, Centerville, IA 52544

    Contact for pricing
    1,928 sqft

    Owner currently pays water and trash expenses for the property.

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    Remodeled Duplex with Off-Street Parking
    Remodeled Duplex with Off-Street Parking

    301 E Walsh Street, Centerville, IA 52544

    $69,900
    1,904 sqft 0.10 AC lot

    Two three-bedroom units offer on-site laundry, public water service, and separate occupancy options.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Centerville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    402 Richmond Ave, Ottumwa, IA 52501

    $165,000
    2,200 sqft

    Mixed-use configuration includes apartments, office areas, and a kitchenette within one commercial property.

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    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    402 S Columbia Street, Bloomfield, IA 52537

    $149,000
    1,044 sqft

    Two two-bedroom, one-bath units are occupied, with tenants responsible for utilities.

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    3-Unit Mixed-Use Property
    3-Unit Mixed-Use Property

    402 Richmond Street, Ottumwa, IA 52501

    $165,000
    2,200 sqft

    Three-unit building combines residential apartments with office and kitchenette space in a flexible commercial layout.

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    Historic Mixed-Use Building with Apartments
    Historic Mixed-Use Building with Apartments

    108 S Madison Street, Bloomfield, IA 52537

    $290,000
    0.09 AC lot

    Brick commercial building with retail space, two upstairs apartments, and a state-inspected kitchen.

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    Off-Market Properties in Centerville, IA

    Consider similar Off-Market properties in Centerville, 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.

    901 Washington St
    MOBILE HOME PARK, TRAILER PARK

    901 Washington St, Centerville, IA 52544-1540

    Estimated value:
    $215,000
    8.20 AC lot
    View details
    900 Grn St
    MOBILE HOME PARK, TRAILER PARK

    900 Grn St, Centerville, IA 52544-3101

    Estimated value:
    $230,000
    2.90 AC lot
    View details
    Centerville, IA 52544
    MOBILE HOME PARK, TRAILER PARK

    Centerville, IA 52544

    Estimated value:
    $235,000
    1.00 AC lot
    View details
    18th
    MOBILE HOME PARK, TRAILER PARK

    18th, Centerville, IA 52544

    Estimated value:
    $245,000
    1.70 AC lot
    View details

    Centerville, IA Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Centerville, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,371 square feet of properties for sale, with an estimated market value of $534,900.

    Sale prices for multifamily properties in Centerville, IA start at $40,000, averaging $133,725, and reaching up to $385,000 — 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

    Duplexes 4
    Apartment buildings 1

    Demographics Overview

    Population 8,110
    Population Growth (5Y) +10.1%
    Median Household Income $45,257
    College Educated 23.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    52544 $133.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $41.17 per SF
    Tax Rate vs County Average 0.31 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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