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Clear Lake, IA

Multifamily

Clear Lake, IA Multifamily Properties for Sale

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Ventura, IA Mason City, IA Garner, IA Forest City, IA Rockwell, IA Rockford, IA Meservey, IA Northwood, IA

Updated Two-Unit Duplex

Updated: Jul 9

Updated Two-Unit Duplex

308 S 12th Street, Clear Lake, IA 50428

$275,000

1,243 sqft 0.16 AC lot

Two‑unit duplex with 1,243 square feet
Upper unit includes 2 bedrooms and 1 bathroom
Lower unit includes 1 bedroom and 1 bathroom
Both units feature new flooring and fresh paint
Two brand‑new central A/C units

Updated Two-Unit Duplex

Updated: Jul 11

Updated Two-Unit Duplex

308 S 12th Street, Clear Lake, IA 50428

$275,000

1,243 sqft

Two‑unit duplex with 1,243 square feet
Upper unit includes 2 bedrooms and 1 bathroom
Lower unit includes 1 bedroom and 1 bathroom
New flooring and fresh paint in both units
Two brand‑new central A/C units

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 76 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 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Side-by-Side Duplex with Garage

Side-by-Side Duplex with Garage

18 Linden Drive, Mason City, IA 50401

$150,000

3,060 sqft

The property combines two residential units with outdoor living space and detached parking.

Ranch Fourplex With Shared Laundry

Ranch Fourplex With Shared Laundry

Meservey, IA 50457

$120,000

2,819 sqft

Vacant four-unit property with a varied bedroom mix, separate electric metering, and shared laundry space.

Four-Unit Property with Garage

Four-Unit Property with Garage

321 3rd Street NW, Mason City, IA 50401

$135,000

3,910 sqft 0.13 AC lot

Four one-bedroom units with private outdoor areas and a detached three-stall garage.

Vacant Fourplex with Shared Laundry

Vacant Fourplex with Shared Laundry

Meservey, IA 50457

$120,000

2,819 sqft

Fully vacant fourplex with separately metered electric service and newer flooring throughout all units.

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

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2842

Unit 4

Estimated value:

$235,000

0.11 AC lot

706 10th N Ave

MOBILE HOME PARK, TRAILER PARK

706 10th N Ave, Clear Lake, IA 50428-1472

Estimated value:

$230,000

4.93 AC lot

2400 Shr Dr Lot, Unit 23

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2848

Unit 23

Estimated value:

$235,000

784 sqft 0.09 AC lot

3001 Willow Crk Ct

MOBILE HOME PARK, TRAILER PARK

3001 Willow Crk Ct, Clear Lake, IA 50428

Estimated value:

$245,000

38.50 AC lot

2400 Shr Dr Lot A

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot A, Clear Lake, IA 50428-2842

Estimated value:

$240,000

0.12 AC lot

5851 Shr Dr

MOBILE HOME PARK, TRAILER PARK

5851 Shr Dr, Clear Lake, IA 50428-9136

Estimated value:

$235,000

1.56 AC lot

2400 Shr Dr Lot C

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot C, Clear Lake, IA 50428-2842

Estimated value:

$240,000

0.11 AC lot

2400 Shr Dr Lot B

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot B, Clear Lake, IA 50428-2842

Estimated value:

$240,000

0.10 AC lot

2400 Shr Dr E E Lot

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr E E Lot, Clear Lake, IA 50428-2842

Estimated value:

$240,000

0.11 AC lot

2400 Shr Dr Lot D

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot D, Clear Lake, IA 50428-2842

Estimated value:

$240,000

0.11 AC lot

1200 10th N Ave

MOBILE HOME PARK, TRAILER PARK

1200 10th N Ave, Clear Lake, IA 50428-2071

Estimated value:

$245,000

9.45 AC lot

2400 Shr Dr Lot, Unit 9

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2842

Unit 9

Estimated value:

$245,000

0.09 AC lot

2400 Shr Dr Lot, Unit 8

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2842

Unit 8

Estimated value:

$245,000

0.09 AC lot

2400 Shr Dr Lot, Unit 7

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2842

Unit 7

Estimated value:

$245,000

0.09 AC lot

2400 Shr Dr Lot, Unit 6

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2842

Unit 6

Estimated value:

$240,000

0.11 AC lot

2400 Shr Dr Lot, Unit 56

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2850

Unit 56

Estimated value:

$245,000

0.08 AC lot

2400 Shr Dr Lot, Unit 55

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2850

Unit 55

Estimated value:

$245,000

0.09 AC lot

2400 Shr Dr Lot, Unit 54

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2850

Unit 54

Estimated value:

$245,000

0.09 AC lot

2400 Shr Dr Lot, Unit 53

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2850

Unit 53

Estimated value:

$245,000

0.09 AC lot

2400 Shr Dr Lot, Unit 52

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2850

Unit 52

Estimated value:

$245,000

0.09 AC lot

2400 Shr Dr Lot, Unit 51

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2850

Unit 51

Estimated value:

$240,000

0.11 AC lot

2400 Shr Dr Lot, Unit 50

MOBILE HOME PARK, TRAILER PARK

2400 Shr Dr Lot, Clear Lake, IA 50428-2850

Unit 50

Estimated value:

$240,000

0.12 AC lot

Clear Lake, IA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Clear Lake, IA on our real estate platform. These investment opportunities span a total of 2,486 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for multifamily properties in Clear Lake, IA average $275,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 9,093

Population Growth (5Y) -2.6%

Median Household Income $72,932

College Educated 43.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
50428	$287.5K

Taxes & Financing

Tax Rate (average for all types) 1.86%

Property Tax per SF $22.31 per SF

Tax Rate vs County Average 0.31 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cerro Gordo County

New Delisted

Total CRE Inventory on Market (SF)

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