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    Cherokee, IA
    Multifamily

    Cherokee, IA Multifamily Properties for Sale

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    Aurelia, IA Alta, IA Sutherland, IA Holstein, IA Paullina, IA Storm Lake, IA Lakeside, IA Schaller, IA
    Mixed-Use Building with Apartments
    Updated: Sep 18
    Mixed-Use Building with Apartments

    115 E Main Street, Cherokee, IA 51012

    $190,000
    0.07 AC lot
    Two commercial spaces on the ground floor are leased
    Three apartments occupy the upper floor
    Built in 1919
    Located at 115 E Main Street in Cherokee, Iowa
    Property sits on a 0.07‑acre parcel
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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
    1 active listing matches your search: Multifamily for sale in Cherokee, IA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Four-Unit Quadplex
    Four-Unit Quadplex

    107 SENECA ST, Storm Lake, IA 50588

    $230,000
    3,537 sqft 0.20 AC lot

    Three residences are rented, and each unit has separate utility service.

    View details
    Seven-Bedroom Duplex
    Seven-Bedroom Duplex

    718 SENECA ST, Storm Lake, IA 50588

    $167,000
    2,488 sqft 0.14 AC lot

    Two separate apartments are occupied by seasonal workers, with distinct bedroom counts on each level.

    View details
    11-Unit Apartment Buildings
    11-Unit Apartment Buildings

    100 E 1st St, Arthur, IA 51431

    $474,900
    7,242 sqft 0.78 AC lot

    Two apartment buildings offer a mix of one- and two-bedroom units with off-street parking and recent interior updates.

    View details
    Updated Multifamily Apartment Buildings
    Updated Multifamily Apartment Buildings

    100 E 1St Avenue, Arthur, IA 51431

    $474,900
    0.91 AC lot

    Two-building apartment property with a mix of one- and two-bedroom units, including five remodeled residences.

    View details

    Cherokee, IA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Cherokee, IA on our real estate platform.

    Sale prices for multifamily properties in Cherokee, IA average $190,000 — 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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    Demographics Overview

    Population 6,313
    Population Growth (5Y) -1.1%
    Median Household Income $56,964
    College Educated 28.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    51012 $190K

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $31.81 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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