Advertise
    Cherokee, IA
    Multifamily

    Cherokee, IA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Aurelia, IA Quimby, IA Alta, IA Marcus, IA Sutherland, IA Holstein, IA Paullina, IA Storm Lake, IA
    Mixed-Use Property with Apartments
    Updated: Sep 18
    Mixed-Use Property with Apartments

    115 E Main Street, Cherokee, IA 51012

    $190,000
    0.07 AC lot
    Two fully leased commercial spaces on the ground floor
    Three residential apartments above the commercial spaces
    Mixed‑use building located at 115 E Main Street in downtown Cherokee
    0.07‑acre property
    Built in 1919
    View details
    Updated Duplex with Three-Car Garage
    Updated: Sep 15, 2025
    Updated Duplex with Three-Car Garage

    222 & 224 W Elm Street, Cherokee, IA 51012

    $140,000
    1,952 sqft 0.11 AC lot
    Duplex with 1,952 square feet and two residential units
    Main‑floor unit includes eat‑in kitchen, dining room, living room, bedroom, and full bath
    Second‑floor unit includes kitchen, living room, bedroom, bath, and possible bedroom or den
    New roof, siding, windows, and majority of flooring
    Three‑car garage with shop area and alley access
    View details
    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cherokee, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    107 SENECA ST, Storm Lake, IA 50588

    $230,000
    3,537 sqft 0.20 AC lot

    Seven bedrooms, four bathrooms, separate utilities, and three occupied units support ongoing rental operations.

    View details
    Updated Duplex with Two Units
    Updated Duplex with Two Units

    718 SENECA ST, Storm Lake, IA 50588

    $167,000
    2,488 sqft 0.14 AC lot

    Two separately arranged apartments offer three- and four-bedroom layouts with one full bathroom each.

    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
    11-Unit Apartment Buildings
    11-Unit Apartment Buildings

    100 E 1St Avenue, Arthur, IA 51431

    Contact for pricing
    7,242 sqft 0.78 AC lot

    Two apartment buildings include remodeled units and off-street parking.

    View details

    Cherokee, IA Multifamily Properties Market Trends and Statistics

    Explore 2 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 $330,000.

    Sale prices for multifamily properties in Cherokee, IA start at $140,000, averaging $165,000, and reaching up to $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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    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 $140K

    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%

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Cherokee, IA

    Popular Categories

    Most Searched ZIP Codes in Cherokee, IA

    • 51012

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!