Multifamily

Malvern, IA Multifamily Properties for Sale

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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 multifamily property
1.71‑acre parcel in Malvern, Iowa
Electrical, plumbing, roof, and exterior improvements completed in 2024
Each unit has a separate HVAC system, breaker box, and on‑demand water heater
Interior details include custom trim, crown molding, and glass‑tile backsplashes
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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 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

$460,000
2,112 sqft

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

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5-Unit Apartment Building
5-Unit Apartment Building

1416 O St, Omaha, NE 68107

$380,000
2,500 sqft

Five-unit property with a separate cottage, coin laundry, storage, and off-street parking.

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Triplex with Updated Exterior
Triplex with Updated Exterior

1029 4th Avenue, Council Bluffs, IA 51501

$300,000

All three residences are occupied, with forced-air heating and off-street parking.

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5-Unit Apartment Property
5-Unit Apartment Property

1416 O Street, Omaha, NE 68107

$380,000

Four apartments occupy the primary residence, with a separate cottage at the rear.

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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