Multifamily

Denver, IA Multifamily Properties for Sale

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Waverly, IA Janesville, IA Readlyn, IA Cedar Falls, IA Waterloo, IA Evansdale, IA Shell Rock, IA Dunkerton, IA
20-Unit Apartment Complex
Updated: Apr 11
20-Unit Apartment Complex

161 Prestien Dr, Denver, IA 50622

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20 total apartment units across 3 separate buildings
All units are configured as two‑bedroom apartments
18 garage stalls included with the property
Almost all units renovated since current ownership acquired the property in 2015
Improvements include new roofs, windows, appliances, foundation work, wiring, and plumbing
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Denver, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Two-Unit Duplex Property
Two-Unit Duplex Property

411 Maple St, Janesville, IA 50647

$220,000
1,400 sqft

Occupied duplex with matching two-bedroom, one-bath layouts on each side.

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Historic Mixed-Use Downtown Buildings
Historic Mixed-Use Downtown Buildings

122 & 120 E Bremer Avenue, Waverly, IA 50677

$440,000
0.14 AC lot

Two adjoining brick structures combine commercial suites with six upper-level apartments.

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3-Unit Residential Property
3-Unit Residential Property

407 Maple Street, Janesville, IA 50647

$270,000

Fully occupied residential property combining a detached home with a two-sided duplex configuration.

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Duplex With Walkout Basements
Duplex With Walkout Basements

807/809 NE 2nd Avenue, Waverly, IA 50677

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Both residences include attached garages, flexible lower-level space, and rear timber views.

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Denver, IA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Denver, IA on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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Demographics Overview

Population 3,288
Population Growth (5Y) +1.8%
Median Household Income $95,703
College Educated 58.1%

Taxes & Financing

Tax Rate (average for all types) 2.14%
Property Tax per SF $25.59 per SF
Tax Rate vs County Average 0.25 pp below county avg
Average Loan-to-Value 65.0%

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