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    Malvern, IA Multifamily Properties for Sale

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    Glenwood, IA Silver City, IA Tabor, IA Henderson, IA Pacific Junction, IA Sidney, IA Thurman, IA Essex, IA
    15-Unit Apartment Building
    Updated: Oct 17, 2025
    15-Unit Apartment Building

    409 E 9th Street, Malvern, IA 51551

    $2,900,000
    17 sqft 1.71 AC lot
    15‑unit apartment property on 1.71 acres
    New electrical, plumbing, roof, and outdoor improvements in 2024
    Each unit has its own HVAC system, breaker box, and on‑demand water heater
    Kitchens and bathrooms feature glass tile backsplash finishes
    Custom trim and crown molding in every unit
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Malvern, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    2023 Duplex with Heated Floors
    2023 Duplex with Heated Floors

    1600 4TH Avenue, Council Bluffs, IA 51501

    $480,000
    2,112 sqft

    Two three-bedroom units offer private entrances, fenced yards, and individual one-car garages.

    View details
    Three-Unit Apartment Building
    Three-Unit Apartment Building

    1802, 1804, 1806 Wayne St, Bellevue, NE 68005

    $400,000
    11,070 sqft

    Three apartments are available for sale as individual buildings or combined purchase.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    411 W 22 Avenue, Bellevue, NE 68005

    $209,000

    Renovated Bellevue duplex with separately metered apartments, a fenced yard, and a one-bedroom/two-bedroom layout.

    View details
    Renovated Multifamily Property
    Renovated Multifamily Property

    600 1st Avenue, Council Bluffs, IA 51501

    Contact for pricing

    Two buildings share a lot with common parking and updated unit interiors featuring contemporary kitchen finishes.

    View details

    Off-Market Properties in Malvern, IA

    Consider similar Off-Market properties in Malvern, 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.

    Malvern, IA 51551
    MOBILE HOME PARK, TRAILER PARK

    Malvern, IA 51551

    Estimated value:
    $140,000
    1.11 AC lot
    View details
    11th St
    MOBILE HOME PARK, TRAILER PARK

    11th St, Malvern, IA 51551

    Estimated value:
    $215,000
    0.38 AC lot
    View details
    Malvern, IA 51551
    MOBILE HOME PARK, TRAILER PARK

    Malvern, IA 51551

    Estimated value:
    $225,000
    2.09 AC lot
    View details
    Malvern, IA 51551
    MOBILE HOME PARK, TRAILER PARK

    Malvern, IA 51551

    Estimated value:
    $225,000
    0.78 AC lot
    View details

    Malvern, IA Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Malvern, IA on our real estate platform. These investment opportunities span a total of 17 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for multifamily properties in Malvern, IA average $2,900,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 1,877
    Population Growth (5Y) +7.6%
    Median Household Income $82,218
    College Educated 34.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    51551 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $33.22 per SF
    Tax Rate vs County Average 0.23 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mills County

    New Delisted

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