Clear Lake, IA
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    Clear Lake, IA Multifamily Properties for Sale

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    Ventura, IA Mason City, IA Garner, IA
    Remodeled Duplex Near Clear Lake
    $450,000
    2,818 SF

    Remodeled Duplex Near Clear Lake

    11 Sunset View Drive, Clear Lake, IA 50428

    Turnkey duplex near Clear Lake's entertainment and downtown district.

    • Remodeled duplex in turnkey condition, ideal for investment or owner‑occupancy.
    • Prime location: Steps from Clear Lake, Surf Ballroom, and Music Enrichment Center.
    • Close proximity to downtown Clear Lake's shopping, dining, and entertainment.
    • Features beautiful cabinetry and solid surface countertops.
    • Constructed with durable metal siding.
    Updated: Feb 13
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    Well-Maintained Duplex Near Downtown
    $210,000
    1,456 SF

    Well-Maintained Duplex Near Downtown

    704 8th Avenue N, Clear Lake, IA 50428

    Manageable duplex near downtown Clear Lake, ideal for investors.

    • Well‑maintained duplex conveniently located blocks from downtown.
    • Each unit features two bedrooms, a full bath, and a half bath.
    • Separate basements, furnaces, central air units, electrical panels, and washer/dryers for each unit.
    • Detached double garage with divided wall, providing each tenant with a dedicated garage stall.
    • East unit features a newer furnace and central air unit.
    Updated: Mar 20
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    Based on your search, we've compiled 98 Potential Opportunities for your consideration. Besides 2 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 88 Off-Market properties to explore as potential leads, 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.

    Brick Duplex with Income Potential
    $170,000
    4,536 SF

    Brick Duplex with Income Potential

    Classic duplex in Mason City with strong income potential.

    25-27 6th Street NW, Mason City, IA 50401
    View details
    Mixed-Use Plaza Frontage Opportunity
    $730,000
    4,554 SF

    Mixed-Use Plaza Frontage Opportunity

    Six parcels with storefronts, apartments, and business potential.

    10 1st SE St, Mason City, IA 50401
    View details
    Eagle Grove Multifamily Property
    $245,000
    2,240 SF

    Eagle Grove Multifamily Property

    Multifamily property in Eagle Grove, Iowa. Contact agent for showings.

    324 S Washington, Eagle Grove, IA 50533
    View details
    Eagle Grove Multifamily Investment Property
    $245,000
    2,008 SF

    Eagle Grove Multifamily Investment Property

    Multifamily property in Eagle Grove, Iowa. Units rent for $855.

    200 210 S Washington, Eagle Grove, IA 50533
    View details

    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.

    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details
    Improved Residential Lot Ready-to-Go
    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
    View details
    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
    View details

    Off-Market Properties in Clear Lake, IA

    Consider similar Off-Market properties in Clear Lake, 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.

    2400 Shr Dr Lot, Unit 4

    2400 Shr Dr Lot, Unit 4

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    706 10th N Ave

    706 10th N Ave

    MOBILE HOME PARK, TRAILER PARK • 4.93 Acres
    Value Estimation by Request
    706 10th N Ave, Clear Lake, IA 50428-1472
    View details
    2400 Shr Dr Lot, Unit 23

    2400 Shr Dr Lot, Unit 23

    MOBILE HOME PARK, TRAILER PARK • 784 SF
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2848
    View details
    3001 Willow Crk Ct

    3001 Willow Crk Ct

    MOBILE HOME PARK, TRAILER PARK • 38.50 Acres
    Value Estimation by Request
    3001 Willow Crk Ct, Clear Lake, IA 50428
    View details
    2400 Shr Dr Lot A

    2400 Shr Dr Lot A

    MOBILE HOME PARK, TRAILER PARK • 0.12 Acres
    Value Estimation by Request
    2400 Shr Dr Lot A, Clear Lake, IA 50428-2842
    View details
    5851 Shr Dr

    5851 Shr Dr

    MOBILE HOME PARK, TRAILER PARK • 1.56 Acres
    Value Estimation by Request
    5851 Shr Dr, Clear Lake, IA 50428-9136
    View details
    2400 Shr Dr Lot C

    2400 Shr Dr Lot C

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot C, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot B

    2400 Shr Dr Lot B

    MOBILE HOME PARK, TRAILER PARK • 0.10 Acres
    Value Estimation by Request
    2400 Shr Dr Lot B, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr E E Lot

    2400 Shr Dr E E Lot

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr E E Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot D

    2400 Shr Dr Lot D

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot D, Clear Lake, IA 50428-2842
    View details
    1200 10th N Ave

    1200 10th N Ave

    MOBILE HOME PARK, TRAILER PARK • 9.45 Acres
    Value Estimation by Request
    1200 10th N Ave, Clear Lake, IA 50428-2071
    View details
    2400 Shr Dr Lot, Unit 9

    2400 Shr Dr Lot, Unit 9

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 8

    2400 Shr Dr Lot, Unit 8

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 7

    2400 Shr Dr Lot, Unit 7

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 6

    2400 Shr Dr Lot, Unit 6

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 56

    2400 Shr Dr Lot, Unit 56

    MOBILE HOME PARK, TRAILER PARK • 0.08 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 55

    2400 Shr Dr Lot, Unit 55

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 54

    2400 Shr Dr Lot, Unit 54

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 53

    2400 Shr Dr Lot, Unit 53

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 52

    2400 Shr Dr Lot, Unit 52

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 51

    2400 Shr Dr Lot, Unit 51

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 50

    2400 Shr Dr Lot, Unit 50

    MOBILE HOME PARK, TRAILER PARK • 0.12 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details

    Clear Lake, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 90 multifamily properties for sale in Clear Lake, IA on our real estate platform. These investment opportunities span a total of 4,274 square feet of properties for sale, with an estimated market value of $660,000.

    Sale prices for multifamily properties in Clear Lake, IA start at $210,000, averaging $330,000, and reaching up to $450,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Clear Lake.

    Top Commercial Asset Segments

    Duplexes 2

    Demographics Overview

    Population 9,093
    Population Growth (5Y) -2.6%
    Median Household Income $72,932
    College Educated 43.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Clear Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    50428 $330K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $22.31 per sq ft
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

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