Multifamily

Creston, IA Multifamily Properties for Sale

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Afton, IA Macksburg, IA Diagonal, IA Greenfield, IA Lenox, IA Clearfield, IA Murray, IA Corning, IA
Mixed-Use Retail and Apartments
Updated: Jun 11
Mixed-Use Retail and Apartments

210 W Montgomery Street, Creston, IA 50801

$89,900
5,600 sqft 0.07 AC lot
Brick retail building in uptown with 4 apartments upstairs
Retail space includes a full basement used for retail, plus 2 toilet rooms on the main floor
Upstairs apartments feature 3‑fixture baths, kitchenettes, living/dining rooms, and separate bedrooms
All appliances included; 3 apartments are rented at $1,300/month and the storefront at $500/month
Heating is forced air; roof is flat with rubber roofing
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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

$89,900

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

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Based on your search, we've compiled 17 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, 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.

12-Unit Apartment with Medical Office
12-Unit Apartment with Medical Office

1201 E South Street, Mount Ayr, IA 50854

$1,100,000
2.00 AC lot

Multifamily property with 12 two-bedroom units plus an occupied medical office, situated on highly visible Highway 2 land.

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Mixed-Use Triplex Building
Mixed-Use Triplex Building

407 Main Street, Bedford, IA 50833

$140,000
0.12 AC lot

Main level operates as a fitness center, with three apartments upstairs generating rental income.

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Multifamily and Medical Office Building
Multifamily and Medical Office Building

1201 E South Street, Mount Ayr, IA 50854

$1,100,000

A 12-unit residential complex with an on-site medical office, set on over 2 acres along Highway 2.

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Former Bank Building with Apartments
Former Bank Building with Apartments

407 Main Street, Bedford, IA 50833

$140,000

A former bank building featuring a main-level fitness center and three upstairs apartments, plus updated building systems.

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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.

Developed Multi-Pad Development Land
Developed Multi-Pad Development Land

N 41st St, Bethany, MO 64424

$249,900
10.00 AC lot

10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

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Leavenworth Land For Sale
Leavenworth Land For Sale

13788 McIntyre1 Road, Leavenworth, KS 66048

$1,750,000
35.00 AC lot

35 acre commercial lot with utilities ready for development.

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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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Residential Lot in Wellsville, MO
Residential Lot in Wellsville, MO

412 Washington Street, Wellsville, MO 63384

Contact for pricing
0.17 AC lot

Ready-to-build residential lot in a charming small town.

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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

Value Estimation by Request
4.90 AC lot
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203 Montgomery St
HIGH-RISE APARTMENTS

203 Montgomery St, Creston, IA 50801-2333

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

Creston, IA 50801

Value Estimation by Request
38.93 AC lot
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Creston, IA 50801
MOBILE HOME PARK, TRAILER PARK

Creston, IA 50801

Value Estimation by Request
40.00 AC lot
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Creston, IA 50801
MOBILE HOME PARK, TRAILER PARK

Creston, IA 50801

Value Estimation by Request
5.16 AC lot
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Creston, IA 50801
MOBILE HOME PARK, TRAILER PARK

Creston, IA 50801

Value Estimation by Request
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 $94.9K

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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