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    Johnston, IA Multifamily Properties for Sale

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    Urbandale, IA Ankeny, IA Des Moines, IA
    Ranch Twin Home in Johnston
    $249,900
    1,092 SF
    Ranch Twin Home in Johnston

    5949 NW 50th Street, Johnston, IA 50131

    Well-maintained twin home with finished basement and fenced yard.
    • Ranch‑style twin home with no HOA dues.
    • Finished lower level offers a family room, bedroom with egress window, and full bath.
    • Fully fenced backyard with walking trail access.
    • Main‑level living featuring primary bedroom with private bath, laundry, and flex space.
    • Enjoy the open layout with eat‑in kitchen, fireplace, and new luxury vinyl plank flooring.
    Updated: Mar 23
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    Active Adult Cooperative Home
    $229,900
    Active Adult Cooperative Home

    9001 Windsor Parkway #302, Johnston, IA 50131

    Spacious 2BR, 2BA cooperative home for adults 55+.
    • Active adult (55+) cooperative living: Offers a care‑free lifestyle in a close‑knit community of only 47 homes.
    • Spacious 2 BR, 2 BA unit: Features 1,641 sq ft of living space plus an extra living area and a unique floor plan.
    • Move‑in ready with upgrades: Includes $26,293 in upgrades, ensuring a modern and comfortable living experience.
    • Comprehensive HOA fee: Covers principle, interest, taxes, building insurance, utilities (including Wi‑Fi and Direct TV), common area maintenance, and building reserves.
    • Maintenance‑free balcony: Perfect for relaxation and enjoying the outdoors without the hassle of upkeep.
    Updated: Aug 15, 2025
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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 2 Active listings in Johnston, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 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.

    Updated Duplex with Attached Garages
    $330,000
    962 SF
    Updated Duplex with Attached Garages

    Updated duplex offers two units, each with attached garage, appliances, and washer/dryer hookups plus a fenced yard.

    6004 - 6006 Townsend Avenue, Urbandale, IA 50322

    View details
    Updated Duplex in Des Moines
    $309,900
    2,352 SF
    Updated Duplex in Des Moines

    Updated duplex with tenant, new roof, HVAC, and updated wiring.

    2404 57th Street, Des Moines, IA 50310

    View details
    Des Moines Duplex: Hybrid Income
    $249,000
    2,260 SF
    Des Moines Duplex: Hybrid Income

    Well-maintained duplex with long-term and medium-term rental income potential.

    6306 Urbandale Ave, Des Moines, IA 50322

    View details
    Former Office Building with Theater
    $1,600,000
    67,325 SF
    Former Office Building with Theater

    Former office building with attached theater, suitable for redevelopment.

    3850 Merle Hay Rd, Des Moines, IA 50310

    View details

    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.

    Improved Residential Lot Ready-to-Go
    Contact for pricing
    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065

    View details
    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres
    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131

    View details
    Leavenworth Land For Sale
    $1,750,000
    35.00 Acres
    Leavenworth Land For Sale

    35 acre commercial lot with utilities ready for development.

    13788 McIntyre1 Road, Leavenworth, KS 66048

    View details
    Residential Lot in Wellsville, MO
    Contact for pricing
    0.17 Acres
    Residential Lot in Wellsville, MO

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

    412 Washington Street, Wellsville, MO 63384

    View details

    Off-Market Properties in Johnston, IA

    Consider similar Off-Market properties in Johnston, 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.

    4729 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.48 Acres
    Value Estimation by Request

    4729 62nd Ave, Johnston, IA 50131-1020

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    4779 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.48 Acres
    Value Estimation by Request

    4779 62nd Ave, Johnston, IA 50131-1022

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    4809 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.48 Acres
    Value Estimation by Request

    4809 62nd Ave, Johnston, IA 50131-1025

    View details
    Johnston, IA 50131
    APARTMENT HOUSE (5+ UNITS)
    17,808 SF Lot: 5.89 Acres
    Estimated value
    $1,155,000

    Johnston, IA 50131

    View details
    6310 Merle Hay Rd
    APARTMENT HOUSE (5+ UNITS)
    84,941 SF Lot: 2.66 Acres
    Estimated value
    $6,895,000

    6310 Merle Hay Rd, Johnston, IA 50131-1473

    View details
    9001 Windsor Pkwy
    APARTMENT HOUSE (5+ UNITS)
    115,000 SF Lot: 3.69 Acres

    9001 Windsor Pkwy, Johnston, IA 50131-2543

    View details
    5705 Merle Hay Rd
    APARTMENT HOUSE (5+ UNITS)
    26,853 SF Lot: 4.50 Acres
    Estimated value
    $2,980,000

    5705 Merle Hay Rd, Johnston, IA 50131

    View details
    5837 Winwood Dr
    APARTMENT HOUSE (5+ UNITS)
    2,940 SF Lot: 10.40 Acres
    Value Estimation by Request

    5837 Winwood Dr, Johnston, IA 50131-1651

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    4701 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.46 Acres
    Value Estimation by Request

    4701 62nd Ave, Johnston, IA 50131-1018

    View details
    4673 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.46 Acres
    Value Estimation by Request

    4673 62nd Ave, Johnston, IA 50131-1016

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    4647 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.46 Acres
    Value Estimation by Request

    4647 62nd Ave, Johnston, IA 50131-1073

    View details
    6365 Merle Hay Rd
    APARTMENT HOUSE (5+ UNITS)
    91,352 SF Lot: 2.39 Acres
    Estimated value
    $4,960,000

    6365 Merle Hay Rd, Johnston, IA 50131-1255

    View details
    4837 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.48 Acres
    Value Estimation by Request

    4837 62nd Ave, Johnston, IA 50131-1026

    View details
    4891 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.52 Acres
    Value Estimation by Request

    4891 62nd Ave, Johnston, IA 50131-1028

    View details
    4623 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.46 Acres
    Value Estimation by Request

    4623 62nd Ave, Johnston, IA 50131-1015

    View details
    4869 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.48 Acres
    Value Estimation by Request

    4869 62nd Ave, Johnston, IA 50131-1027

    View details
    4755 62nd Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.48 Acres
    Value Estimation by Request

    4755 62nd Ave, Johnston, IA 50131-1021

    View details
    6200 Clark Ln
    APARTMENT HOUSE (5+ UNITS)
    8,919 SF Lot: 21.50 Acres
    Estimated value
    $1,020,000

    6200 Clark Ln, Johnston, IA 50131-3032

    View details
    5555 Pioneer Pkwy
    APARTMENT HOUSE (100+ UNITS)
    141,377 SF Lot: 3.16 Acres
    Estimated value
    $12,355,000

    5555 Pioneer Pkwy, Johnston, IA 50131-1882

    View details
    6310 Merle Hay Rd
    APARTMENT HOUSE (5+ UNITS)
    55,122 SF Lot: 0.92 Acres
    Estimated value
    $3,890,000

    6310 Merle Hay Rd, Johnston, IA 50131-1473

    View details
    6300 Merle Hay Rd
    APARTMENT HOUSE (5+ UNITS)
    130,686 SF Lot: 1.23 Acres
    Estimated value
    $9,705,000

    6300 Merle Hay Rd, Johnston, IA 50131-1545

    View details
    Johnston, IA 50131
    APARTMENT HOUSE (100+ UNITS)
    182,685 SF Lot: 10.02 Acres
    Estimated value
    $11,910,000

    Johnston, IA 50131

    View details

    Johnston, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 24 multifamily properties for sale in Johnston, IA on our real estate platform. These investment opportunities span a total of 1,092 square feet of properties for sale, with an estimated market value of $249,900.

    Sale prices for multifamily properties in Johnston, IA start at $249,900, averaging $249,900, and reaching up to $249,900 — 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

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) +16.6%
    Median Household Income $103,316
    College Educated 79.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50131 $239.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.74%
    Property Tax per SF $38.96 per SF
    Tax Rate vs County Average 0.33 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Johnston fall within the 100,000+ square foot range.

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