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    Charles City, IA
    Multifamily

    Charles City, IA Multifamily Properties for Sale

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    Riceville, IA Osage, IA Nashua, IA Ionia, IA Rudd, IA Greene, IA Nora Springs, IA Rockford, IA
    Mixed-Use Storefront and Apartments
    Updated: Jun 5
    Mixed-Use Storefront and Apartments

    206 N Main Street, Charles City, IA 50616

    $142,791
    4,175 sqft
    Fully leased mixed‑use building at 206 N Main Street with a ground‑floor commercial storefront and two upper apartments
    Built in 1890 with 4,175 total SF of space
    Upper apartments include a 1‑bedroom and a 2‑bedroom, both with in‑unit laundry
    Wood flooring featured in the interior
    0.067‑acre lot with city street frontage
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    5-Unit Apartment Building
    Updated: Feb 4
    5-Unit Apartment Building

    601 N Jackson Street, Charles City, IA 50616

    $185,000
    3,333 sqft
    Five apartments: one 2‑bedroom, one efficiency, and three 1‑bedroom units
    Fully leased apartment property at 601 N Jackson St, Charles City, IA 50616
    Finished walk‑up attic configured as a 1‑bedroom apartment
    New metal roof installed in 2020; most windows replaced in 2020‑2021
    Newer siding installed in 2015
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    Duplex with Updated South Unit
    Duplex with Updated South Unit

    407 Cedar, Charles City, IA 50616

    $70,000
    1,492 sqft

    The property carries R-2 zoning and includes one- and two-bedroom residential layouts.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Charles City, 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.

    One-Story Brick Fourplex
    One-Story Brick Fourplex

    605 1st Street, Rudd, IA 50471

    $220,000
    2,688 sqft

    Brick one-story fourplex on a corner lot with off-street paved parking and steel roof, fully occupied.

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    Brick Fourplex with Off-Street Parking
    Brick Fourplex with Off-Street Parking

    605 1st Street, Rudd, IA 50471

    $220,000
    0.30 AC lot

    Fully occupied four-unit property with brick construction, metal roofing, and paved off-street parking on a corner lot.

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    Brick Duplex with Detached Garage
    Brick Duplex with Detached Garage

    315 Locust Street, Allison, IA 50602

    $45,000
    3,160 sqft

    Vacant two-unit property with a full basement and substantial renovation requirements in Allison.

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    All-Brick Duplex with Garage
    All-Brick Duplex with Garage

    315 Locust Street, Allison, IA 50602

    $45,000
    0.18 AC lot

    Both residences are vacant and require substantial renovation before leasing.

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    Off-Market Properties in Charles City, IA

    Consider similar Off-Market properties in Charles City, 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.

    1912 Clark St
    MOBILE HOME PARK, TRAILER PARK

    1912 Clark St, Charles City, IA 50616

    Estimated value:
    $220,000
    16.98 AC lot
    View details

    Charles City, IA Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Charles City, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,000 square feet of properties for sale, with an estimated market value of $397,791.

    Sale prices for multifamily properties in Charles City, IA start at $70,000, averaging $132,597, and reaching up to $185,000 — 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 2
    Apartment buildings 1

    Demographics Overview

    Population 9,419
    Population Growth (5Y) -10.3%
    Median Household Income $63,226
    College Educated 24.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50616 $132.6K

    Taxes & Financing

    Tax Rate (average for all types) 2.63%
    Property Tax per SF $38.53 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

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