Cherokee, IA Multifamily properties for sale

$140,000

1,952 SF

Renovated Duplex with 3-Car Garage

222 & 224 W Elm Street, Cherokee, IA 51012

Two-unit duplex with updated exterior, multiple living spaces, and a basement laundry plus 3-car garage with shop.

Duplex with 2 units: one on the main floor and one on the second floor
Main‑floor unit includes eat‑in kitchen, full bath, bedroom, dining room, and living room
Second‑floor unit includes kitchen, living room, bedroom, bath, and a possible bedroom or den
Updates include new roof, new siding, new windows, and majority of flooring is new
Basement includes laundry area

Updated: Sep 15, 2025

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cherokee, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

$209,000

2,488 SF

Well-Maintained Duplex with Owner Suite

Two-unit duplex with updated roof, siding, sewer line, and electrical service; main-floor 3-bed/1-bath and upstairs 4-bed/1-bath.

718 SENECA ST, Storm Lake, IA 50588

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$285,000

5,015 SF

6-Unit Apartment Building

Six rental units with on-site coin-operated laundry and exterior parking offer a straightforward income-producing setup.

416 Michigan, Storm Lake, IA 50588

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$334,000

0.16 Acres

Multi-Use Commercial Building

Flexible interior configuration supports retail, food, events, and potential short-term or apartment-style rentals.

601 2nd St, Ida Grove, IA 51445

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$425,000

0.72 Acres

Ida Grove Quadplex Investment

Four-unit complex in a sought-after neighborhood with reliable rental history.

802 Valley View Drive, Ida Grove, IA 51445

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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.

$124,900

9.30 Acres

Waterfront Recreational Land Parcel

Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

Fulda, MN 56131

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Lake Thompson Waterfront Recreational Lot

$193,800

0.46 Acres

Lake Thompson Waterfront Recreational Lot

0.46 acre lot with 75 feet of lake frontage.

21425 Sunset Trail, Lake Preston, SD 57249

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Contact for pricing

Improved Residential Lot Ready-to-Go

Affordable, improved corner lot in Davis City, Iowa.

SE Corner W High Street, Davis City, IA 50065

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$300,000

10.00 Acres

Bethany Land Ready For Development

10-acre commercial property with development potential near I-35.

0 N 41st St, Bethany, MO 64424

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Cherokee, IA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Cherokee, IA on our real estate platform. These investment opportunities span a total of 1,952 square feet of properties for sale, with an estimated market value of $140,000.

Sale prices for multifamily properties in Cherokee, IA start at $140,000, averaging $140,000, and reaching up to $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
51012	$140K

Neighborhood

Average Price

51012

$140K

Cherokee, IA Multifamily Properties for Sale

222 & 224 W Elm Street, Cherokee, IA 51012