Multifamily

Clay County, IA Multifamily Properties for Sale

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Des Moines, IA Cedar Rapids, IA Sioux City, IA Waterloo, IA Dubuque, IA Iowa City, IA Davenport, IA Cedar Falls, IA
Renovation-Ready 6-Plex
Updated: Feb 24
Renovation-Ready 6-Plex

21 W 1ST ST, Spencer, IA 51301

$175,000
4,308 sqft 0.12 AC lot
6‑plex in Spencer, IA with partial remodeling—2 of 6 units currently rented
Value‑add setup with 4 remaining units to renovate and lease up for increased cash flow
Built in 1949, offering baseboard heating and window unit cooling
Property includes 5 bedrooms and 3 bathrooms across the unit mix (as listed in rooms)
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Updated Quadplex with Detached Garage
Updated: Jan 19
Updated Quadplex with Detached Garage

303 E 3rd Street, Everly, IA 51338

$225,000
0.35 AC lot
Quadplex built in 1974 with a four‑stall detached garage
Uniform unit layout: each unit offers 2 bedrooms and 1 full bath
Lower‑level units updated with new flooring, fresh paint, and updated cabinetry
Metal roof and forced‑air heating
Siding includes block construction and vinyl siding
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Three-Unit Residential Income Property
Three-Unit Residential Income Property

807 4th Avenue, Spencer, IA 51301

$63,000
0.18 AC lot

Three-unit multifamily property offers a straightforward residential income setup in Spencer, Iowa.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
68-Unit Concrete Apartment Building
68-Unit Concrete Apartment Building

110 4th Street SE, Spencer, IA 51301

Contact for pricing

Well-built concrete multifamily with individually metered electric and A/C in all units.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Clay County, IA, we suggest exploring several alternatives: similar 2 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
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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Lakefront Recreation Lot with Boat Lift
Lakefront Recreation Lot with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800
0.46 AC lot

Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Alexandria Lakeshore Property with Rental Opportunity
Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500
15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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Off-Market Properties in Clay County, IA

Consider similar Off-Market properties in Clay 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.

317 18th St
MOBILE HOME PARK, TRAILER PARK

317 18th St, Spencer, IA 51301-3400

Value Estimation by Request
3.75 AC lot
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317 11th SE St
MOBILE HOME PARK, TRAILER PARK

317 11th SE St, Spencer, IA 51301-6045

Value Estimation by Request
8,738 sqft 1.65 AC lot
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Clay County, IA Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Clay County, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,308 square feet of properties for sale, with an estimated market value of $463,000.

Sale prices for multifamily properties in Clay County, IA start at $63,000, averaging $154,333, and reaching up to $225,000 — 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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