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    Ely, IA
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    Ely, IA Multifamily Properties for Sale

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    Solon, IA Cedar Rapids, IA Swisher, IA Mount Vernon, IA North Liberty, IA Fairfax, IA Coralville, IA Tiffin, IA
    Four-Unit Property with Detached Garage
    Updated: Sep 5
    Four-Unit Property with Detached Garage

    1550 Dows St., Ely, IA 52227

    $265,000
    Four 1‑bed, 1‑bath units
    Four long‑term tenants with leases in place until April of 2027
    Detached 3 car garage stalls rented individually
    New stairs and balcony
    MR R3+ zoning
    View details
    4-Unit Quadplex with Garage
    Updated: Sep 7
    4-Unit Quadplex with Garage

    1550 Dows Street, Ely, IA 52227

    $265,000
    2,474 sqft
    Four 1‑bedroom, 1‑bath units in a 2,474‑square‑foot quadplex
    Long‑term tenants with leases in place until April of 2027
    Detached garage with 3 stalls rented individually
    New stairs and balcony
    Extra yard space included
    View details
    See what stands out in Linn County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Ely, 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.

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

    122 2nd Street SE, Swisher, IA 52338

    $699,950
    4,800 sqft 0.39 AC lot

    Commercial space anchors the main level, with four one-bedroom apartments on the floor above.

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    Mixed-Use Building with 4 Apartments
    Mixed-Use Building with 4 Apartments

    122 2nd Street SE, Swisher, IA 52338

    $699,950
    4,800 sqft

    Main-level commercial space is paired with four upstairs one-bedroom apartments.

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    Mixed-Use Downtown Retail and Apartments
    Mixed-Use Downtown Retail and Apartments

    112 N Iowa St., Solon, IA 52333

    $1,000,000
    2,312 sqft

    Downtown mixed-use building with leasable main-floor commercial space and two rented upper apartments.

    View details
    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    230 S Dubuque St., Solon, IA 52333

    $750,000

    Two-story apartment property with remodeled units, central air, and off-street parking.

    View details

    Off-Market Properties in Ely, IA

    Consider similar Off-Market properties in Ely, 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.

    1655 Dows St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1655 Dows St, Ely, IA 52227-9815

    $370,000
    Estimated value
    1,819 sqft 0.07 AC lot
    View details
    1685 Fuhrmeister St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1685 Fuhrmeister St, Ely, IA 52227-9780

    $245,000
    Estimated value
    2,390 sqft 1.42 AC lot
    View details

    Ely, IA Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Ely, IA on our real estate platform. These investment opportunities span a total of 2,474 square feet of properties for sale, with an estimated market value of $530,000.

    Sale prices for multifamily properties in Ely, IA average $265,000 — 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 1

    Demographics Overview

    Population 2,864
    Population Growth (5Y) -4.4%
    Median Household Income $111,000
    College Educated 45.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $31.98 per SF
    Tax Rate vs County Average 1.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Linn County

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