Cerro Gordo County, IA Multifamily Properties for Sale

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14 properties

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Updated: Jul 20

Duplex with Attached Garages

815 817 W 10 Avenue N, Clear Lake, IA 50428

$299,000

2,580 sqft 0.22 AC lot

Duplex built in 1978 with wood siding and forced‑air heating
Each unit offers approx. 1,040 sq ft of finished living space
Each unit includes an attached garage
Each unit has a full unfinished basement for storage or potential future finishing
Water source: public

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This listing looks promising.

Here's a quick look at some key insights for

815 817 W 10 Avenue N, Clear Lake, IA 50428

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$22K
Annual
Price @ 7% Cap

$315K
Above asking
Property Type

Duplex
Built 1978

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Updated: Jul 19

Side-by-Side Duplex with Detached Garage

242 14th Street SE, Mason City, IA 50401

$165,000

3,060 sqft 0.17 AC lot

Side‑by‑side duplex built in 1931 with block and brick exterior construction
Forced‑air heating and shingle roof
Each unit has separate entrances and an individual floor plan
Detached 2‑stall garage provides parking and additional storage
Served by public water

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Side-by-Side Duplex with Two 2-Beds

18 Linden Drive, Mason City, IA 50401

$150,000

3,060 sqft

Side-by-side duplex includes two 2-bedroom, 1-bath units, enclosed porches, an upper deck, and a detached 2-stall garage.

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Up-and-Down Duplex with Attached Garage

402 7th Street SE, Mason City, IA 50401

$135,000

1,760 sqft

Up-and-down duplex with two 2-bedroom units, each with full bath, kitchens, bright living space, and an attached 1-stall garage.

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Side-by-Side Duplex with Patios

207 8Th Avenue S, Clear Lake, IA 50428

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Each unit offers two bedrooms, one bath, outdoor patio space, storage, and ample parking near downtown and lake access.

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Brick Duplex with Two 3BR Units

25-27 6th Street NW, Mason City, IA 50401

$165,000

4,536 sqft 0.14 AC lot

Two separate-entry units each with three bedrooms and 1.5 baths, plus a full basement for storage.

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Side-by-Side Duplex with 2-Bed Units

119 S Pennsylvania Avenue, Mason City, IA 50401

$150,000

3,000 sqft 0.13 AC lot

Side-by-side duplex offering two 2-bedroom units, each with separate entrance and living spaces, plus a detached 2-stall garage.

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Well-Maintained Duplex with Central A/C

308 S 12th Street, Clear Lake, IA 50428

$287,500

1,243 sqft 0.16 AC lot

Duplex with refreshed interiors, including new central A/C units for comfortable, move-in-ready rental or owner-occupant living.

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Four-Unit Multifamily Property in Mason City

321 3rd Street NW, Mason City, IA 50401

$145,000

3,910 sqft 0.13 AC lot

Income-producing fourplex with detached garage and outdoor living spaces.

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Remodeled Duplex Residential Income

11 Sunset View Drive, Clear Lake, IA 50428

$430,000

2,818 sqft 0.26 AC lot

Turnkey duplex with remodeled interior finishes and solid surface countertops, offered for sale in Clear Lake, Iowa.

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Vacant Fourplex with Separate Utilities

Meservey, IA 50457

$120,000

2,819 sqft

Four-unit rental property with updated roof, newer flooring, and separately metered electric for streamlined operations.

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Clear Lake Duplex For Sale

207 8Th Avenue S, Clear Lake, IA 50428

$259,900

1,292 sqft 0.16 AC lot

Side-by-side duplex near downtown and lake access in Clear Lake.

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Remodeled Duplex with Garage Parking

805 805 1/2 W 10th Av N Street, Clear Lake, IA 50428

$268,500

1,308 sqft 0.28 AC lot

Fully remodeled duplex with updated interiors and each unit featuring a dedicated garage parking space.

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Triplex with 2BR/1BA Units

512 N Pennsylvania, Mason City, IA 50401

$169,000

Tri-plex in Z2 zoning with three leased 2-bedroom, 1-bath units and a spacious basement.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Cerro Gordo County, IA, we suggest exploring several alternatives: similar 58 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

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.

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Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000

2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000

9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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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.

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Off-Market Properties in Cerro Gordo County, IA

Consider similar Off-Market properties in Cerro Gordo County, 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.

MOBILE HOME PARK, TRAILER PARK

17698 Vine Ave, Mason City, IA 50401-8754

Value Estimation by Request

2,274 sqft 4.76 AC lot

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MOBILE HOME PARK, TRAILER PARK

1201 Hwy 18th E, Ventura, IA 50482

Value Estimation by Request

14.19 AC lot

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HIGH-RISE APARTMENTS

304 3rd NE St, Mason City, IA 50401-3467

$3,560,000

Estimated value

55,924 sqft 1.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2842

Unit 4

Value Estimation by Request

0.11 AC lot

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MOBILE HOME PARK, TRAILER PARK

1324 Quincy Ave, Mason City, IA 50401

Value Estimation by Request

1.61 AC lot

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MOBILE HOME PARK, TRAILER PARK

11091 210th St, Rockwell, IA 50469-8700

Value Estimation by Request

5.88 AC lot

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MOBILE HOME PARK, TRAILER PARK

706 10th N Ave, Clear Lake, IA 50428-1472

Value Estimation by Request

4.93 AC lot

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MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2848

Unit 23

Value Estimation by Request

784 sqft 0.09 AC lot

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Multifamily properties

540 State St, Mason City, IA 50401

Value Estimation by Request

10,038 sqft 1.01 AC lot

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MOBILE HOME PARK, TRAILER PARK

203 Ash E St, Thornton, IA 50479-6013

Value Estimation by Request

9.09 AC lot

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Cerro Gordo County, IA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Cerro Gordo County, IA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 31,386 square feet of properties for sale, with an estimated market value of $2,743,900.

Sale prices for multifamily properties in Cerro Gordo County, IA start at $120,000, averaging $211,069, and reaching up to $430,000 — 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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