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    Creston, IA
    Multifamily

    Creston, IA Multifamily Properties for Sale

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    Afton, IA Macksburg, IA Diagonal, IA Greenfield, IA Lenox, IA Winterset, IA Lorimor, IA Clearfield, IA
    Quadplex with Storefront
    Updated: Jun 11
    Quadplex with Storefront

    210 W Montgomery Street, Creston, IA 50801

    $89,900
    5,600 sqft 0.07 AC lot
    Brick quadplex with storefront retail on the main level
    Upstairs apartments include kitchenettes, living/dining areas, and separate bedrooms
    Full basement used for retail plus two toilet rooms on the main floor
    5,600 square feet on a 0.07‑acre lot; built in 1910
    Forced‑air heating; upstairs apartments do not have central air
    View details
    Fourplex with Detached Garage
    Updated: Mar 7, 2025
    Fourplex with Detached Garage

    609 W Montgomery Street, Creston, IA 50801

    $99,000
    3,238 sqft 0.34 AC lot
    Four‑plex property ideal for generating rental income.
    Includes a large 4‑car detached garage (46x22).
    Features an additional large lot (60x120).
    Convenient access to shops, restaurants, and events.
    Mix of one‑bedroom and two‑bedroom apartments.
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    Mixed-Use Retail with Apartments
    Mixed-Use Retail with Apartments

    210 W Montgomery Street, Creston, IA 50801

    Contact for pricing

    Retail storefront with four upstairs apartments and a full basement, with income from both retail and residential units.

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    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 13 Potential Opportunities for your consideration. Besides 3 Active listings in Creston, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    7-Unit Apartment Building
    7-Unit Apartment Building

    207 NW 2nd Street, Greenfield, IA 50849

    $159,900
    3,611 sqft

    Income-producing residential property with coin-operated laundry, updated apartments, a newer roof, and garage parking.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    501 N Taylor Street, Mount Ayr, IA 50854

    $559,000
    0.23 AC lot

    Eight apartments offer a mix of one- and two-bedroom layouts with on-site laundry and open parking.

    View details
    7-Unit Apartment Building
    7-Unit Apartment Building

    207 NW 2nd St, Greenfield, IA 50849

    $159,900
    3,611 sqft

    Seven residential units include coin laundry, five long-term tenants, and recent updates to select apartments.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    501 N Taylor St, Mount Ayr, IA 50854

    $559,000

    Multifamily property with covered access, on-site laundry, and recently renewed exterior components.

    View details

    Off-Market Properties in Creston, IA

    Consider similar Off-Market properties in Creston, 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.

    1804 Virginia Ln
    MOBILE HOME PARK, TRAILER PARK

    1804 Virginia Ln, Creston, IA 50801-3557

    $225,000
    Estimated value
    4.90 AC lot
    View details
    203 Montgomery St
    HIGH-RISE APARTMENTS

    203 Montgomery St, Creston, IA 50801-2333

    $630,000
    Estimated value
    34,144 sqft 0.18 AC lot
    View details
    Creston, IA 50801
    MOBILE HOME PARK, TRAILER PARK

    Creston, IA 50801

    $240,000
    Estimated value
    38.93 AC lot
    View details
    Creston, IA 50801
    MOBILE HOME PARK, TRAILER PARK

    Creston, IA 50801

    $220,000
    Estimated value
    40.00 AC lot
    View details
    Creston, IA 50801
    MOBILE HOME PARK, TRAILER PARK

    Creston, IA 50801

    $230,000
    Estimated value
    5.16 AC lot
    View details
    Creston, IA 50801
    MOBILE HOME PARK, TRAILER PARK

    Creston, IA 50801

    $225,000
    Estimated value
    4.23 AC lot
    View details

    Creston, IA Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Creston, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,838 square feet of properties for sale, with an estimated market value of $188,900.

    Sale prices for multifamily properties in Creston, IA start at $89,900, averaging $94,450, and reaching up to $99,000 — 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

    Quadplexes 3

    Demographics Overview

    Population 9,027
    Population Growth (5Y) -4.1%
    Median Household Income $55,453
    College Educated 33.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50801 $94.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.61%
    Property Tax per SF $34.69 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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