Multifamily

Elkader, IA Multifamily Properties for Sale

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Strawberry Point, IA Garnavillo, IA Monona, IA Elgin, IA Mc Gregor, IA Guttenberg, IA Edgewood, IA Wadena, IA
Downtown Mixed-Use Property
Updated: Jul 8
Downtown Mixed-Use Property

117 S Main St, Elkader, IA 52043

$165,000
4,920 sqft
Two‑building mixed‑use property totaling 4,920 SF
Operating neighborhood bar with an upstairs two‑bedroom, one‑bath residence
Neighboring building includes commercial main level and two‑bedroom, two‑bath apartment
C,Resi zoning with commercial main‑level requirement in the neighboring building
Located at 117 S Main St near the Keystone Bridge
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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
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Elkader, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

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

100 W Center St, Monona, IA 52159

$199,000
9,992 sqft

Mixed-use building with a main-floor commercial space and two apartments above, with recent roof and window updates.

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

118 W Center Street, Monona, IA 52159

$169,000
2,000 sqft

Commercial space, two restored apartments, and a garage create a flexible downtown income-producing configuration.

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Mixed-Use Income Property with Equipment
Mixed-Use Income Property with Equipment

115 N Washington Street, Edgewood, IA 52042

$180,000
5,273 sqft

Three-building package includes restaurant and bar equipment, with two fully leased apartments above.

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Restaurant Property With Apartments
Restaurant Property With Apartments

115 N Washington Street, Edgewood, IA 52042

$180,000

Restaurant and bar equipment remains in place, with two leased apartments providing additional occupancy.

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Off-Market Properties in Elkader, IA

Consider similar Off-Market properties in Elkader, 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.

18219 Emblem Rd
MOBILE HOME PARK, TRAILER PARK

18219 Emblem Rd, Elkader, IA 52043-8254

Estimated value:
$540,000
11.49 AC lot
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600 Strawberry Pt SW Rd
MOBILE HOME PARK, TRAILER PARK

600 Strawberry Pt SW Rd, Elkader, IA 52043-8138

Estimated value:
$235,000
1.64 AC lot
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Elkader, IA Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Elkader, IA on our real estate platform. These investment opportunities span a total of 4,920 square feet of properties for sale, with an estimated market value of $165,000.

Sale prices for multifamily properties in Elkader, IA average $165,000 — 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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Demographics Overview

Population 1,853
Population Growth (5Y) -14.1%
Median Household Income $65,202
College Educated 26.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52043 $165K

Taxes & Financing

Tax Rate (average for all types) 2.82%
Property Tax per SF $43.59 per SF
Tax Rate vs County Average 0.50 pp above county avg
Average Loan-to-Value 65.0%

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