Multifamily

Decorah, IA Multifamily Properties for Sale

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Brick Fourplex with Garage Parking
Updated: Sep 24
Brick Fourplex with Garage Parking

308 Center Street, Decorah, IA 52101

$360,000
0.30 AC lot
Four‑unit brick building on a 0.3‑acre parcel
Three of four units are occupied
Three garage spaces and off‑street parking for all four units
Unit 2 has new vinyl plank flooring and fresh paint
R‑2 zoning; built in 1976
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Historic Two-Story Mixed-Use Building
Updated: Jul 23
Historic Two-Story Mixed-Use Building

309 E Water Street, Decorah, IA 52101

$449,000
0.20 AC lot
Two‑story mixed‑use building constructed in 1874
Upper level renovated in 2014 with a 2‑bedroom, 2‑bath living space
Main level most recently operated as retail space
0.2‑acre lot one block from downtown Decorah
Attached two‑car garage, off‑street parking, and upper‑level deck
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Renovated Duplex with Detached Garage
Renovated Duplex with Detached Garage

601 Day Street, Decorah, IA 52101

$359,000
1,832 sqft

Updated two-level property offers flexible owner-occupant or rental use.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
4-Unit Brick Quadplex
4-Unit Brick Quadplex

308 Center Street, Decorah, IA 52101

$360,000
3,348 sqft

Three apartments are occupied, and the remaining unit can serve as a residence or rental.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

309 E Water Street, Decorah, IA 52101

$449,000
2,731 sqft

Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.

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Brick 4-Unit Multifamily Property
Brick 4-Unit Multifamily Property

308 Center St, Decorah, IA 52101

$360,000
1,600 sqft

Three apartments are occupied, while the fourth can serve as a rental or owner-occupied residence.

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Recreation Land With Cabins
Recreation Land With Cabins

2108 Ferris Mills Rd., Decorah, IA 52101

Contact for pricing
640 sqft

Three rustic cabins support recreational and group-use possibilities near Canoe Creek and the Upper Iowa River.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 7 Active listings in Decorah, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

215 N Elm Street, Cresco, IA 52136

$152,000
4,457 sqft

Commercial storefront space is paired with two second-story apartments and shared laundry facilities.

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Fully Equipped Bar and Rental Units
Fully Equipped Bar and Rental Units

106 N Maryville Street, Calmar, IA 52132

$299,000
3,864 sqft

Fully set-up bar with two upstairs rental units, including a 1-bedroom and a 2-bedroom apartment.

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Fitness Center with Apartments
Fitness Center with Apartments

410 Campus Drive, Calmar, IA 52132

$769,900
1.46 AC lot

Commercial-grade equipment, shower-equipped bathrooms, and four leased apartments support this operating fitness property.

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33-Site Mobile Home Park
33-Site Mobile Home Park

701 South Elm Street, Cresco, IA 52136

Contact for pricing

Fully occupied community with tenant-owned homes and city water and sewer services.

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Off-Market Properties in Decorah, IA

Consider similar Off-Market properties in Decorah, 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.

2873 Bluffton Rd
MOBILE HOME PARK, TRAILER PARK

2873 Bluffton Rd, Decorah, IA 52101-7802

Estimated value:
$130,000
1,216 sqft 3.40 AC lot
View details
212 Pulpit Rock Rd
MOBILE HOME PARK, TRAILER PARK

212 Pulpit Rock Rd, Decorah, IA 52101-9305

Estimated value:
$110,000
0.83 AC lot
View details
3637 236th Ave
MOBILE HOME PARK, TRAILER PARK

3637 236th Ave, Decorah, IA 52101

Estimated value:
$235,000
5.78 AC lot
View details
2633 Ravine Rd
MOBILE HOME PARK, TRAILER PARK

2633 Ravine Rd, Decorah, IA 52101-7736

Estimated value:
$145,000
4.60 AC lot
View details
2678 Riv Rd
MOBILE HOME PARK, TRAILER PARK

2678 Riv Rd, Decorah, IA 52101-7322

Estimated value: by Request
View details
1356 Quandahl Rd
MOBILE HOME PARK, TRAILER PARK

1356 Quandahl Rd, Decorah, IA 52101-7431

Estimated value:
$240,000
1.67 AC lot
View details
Legacy Rd
MOBILE HOME PARK, TRAILER PARK

Legacy Rd, Decorah, IA 52101

Estimated value:
$220,000
2.10 AC lot
View details
2361 Legacy Rd
MOBILE HOME PARK, TRAILER PARK

2361 Legacy Rd, Decorah, IA 52101-7797

Estimated value:
$220,000
0.80 AC lot
View details
3629 236th Ave
MOBILE HOME PARK, TRAILER PARK

3629 236th Ave, Decorah, IA 52101-7897

Estimated value:
$240,000
2.61 AC lot
View details
Decorah, IA 52101
MOBILE HOME PARK, TRAILER PARK

Decorah, IA 52101

Estimated value:
$235,000
19.50 AC lot
View details
Decorah, IA 52101
MOBILE HOME PARK, TRAILER PARK

Decorah, IA 52101

Estimated value:
$235,000
5.07 AC lot
View details

Decorah, IA Multifamily Properties Market Trends and Statistics

Explore 19 multifamily properties for sale in Decorah, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 10,151 square feet of properties for sale, with an estimated market value of $2,337,000.

Sale prices for multifamily properties in Decorah, IA start at $359,000, averaging $389,500, and reaching up to $449,000 — 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
Short term rental properties 3
Duplexes 1

Demographics Overview

Population 13K
Population Growth (5Y) -7.7%
Median Household Income $70,046
College Educated 53.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52101 $389.5K

Taxes & Financing

Tax Rate (average for all types) 2.72%
Property Tax per SF $30.36 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

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