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    Mechanicsville, IA
    Multifamily

    Mechanicsville, IA Multifamily Properties for Sale

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    Stanwood, IA Lisbon, IA Tipton, IA Mount Vernon, IA Solon, IA Clarence, IA Springville, IA Cedar Rapids, IA
    Mixed-Use Building With Apartments
    Updated: Aug 8
    Mixed-Use Building With Apartments

    110 E 1st St, Mechanicsville, IA 52306

    $240,000
    10,220 sqft
    10,220‑square‑foot mixed‑use building constructed in 1913
    Main‑level storefront with attached kitchen, bathroom, and laundry area
    Shop areas include indoor storage space rented to individuals
    Two upper‑level two‑bedroom apartments
    Both apartments are currently occupied by renters
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    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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Mechanicsville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    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
    24-Unit Multifamily Community
    24-Unit Multifamily Community

    901 S 11th St, Marion, IA 52302

    Contact for pricing
    21,312 sqft

    Legacy 24-unit multifamily property with long-term ownership continuity and documented care through market cycles.

    View details
    Eight-Plex Apartment Building
    Eight-Plex Apartment Building

    230 S Dubuque St., Solon, IA 52333

    $750,000

    Solon eight-plex under MULTI zoning with central air, natural gas/electric forced-air heat, and roof replaced in 2020.

    View details
    Residential Income Multi-Family
    Residential Income Multi-Family

    4681 Vasey Ave, Marion, IA 52302

    $260,000

    Residential income multifamily property for sale in Marion, Iowa.

    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.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Developed Multi-Pad Development Land
    Developed Multi-Pad Development Land

    N 41st St, Bethany, MO 64424

    $249,900
    10.00 AC lot

    10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details

    Off-Market Properties in Mechanicsville, IA

    Consider similar Off-Market properties in Mechanicsville, 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.

    405 Ws St
    MOBILE HOME PARK, TRAILER PARK

    405 Ws St, Mechanicsville, IA 52306-9705

    $205,000
    Estimated value
    1.96 AC lot
    View details
    Ws St
    MOBILE HOME PARK, TRAILER PARK

    Ws St, Mechanicsville, IA 52306

    $235,000
    Estimated value
    1.79 AC lot
    View details

    Mechanicsville, IA Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Mechanicsville, IA on our real estate platform. These investment opportunities span a total of 10,220 square feet of properties for sale, with an estimated market value of $240,000.

    Sale prices for multifamily properties in Mechanicsville, IA average $240,000 — 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 1,452
    Population Growth (5Y) -13.5%
    Median Household Income $61,736
    College Educated 16.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.33%
    Property Tax per SF $22.22 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cedar County

    New Delisted

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