Multifamily

Mechanicsville, IA Multifamily Properties for Sale

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Stanwood, IA Lisbon, IA Tipton, IA Mount Vernon, IA Olin, IA Solon, IA Clarence, IA West Branch, 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 7 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

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
Updated Quadplex with Laundry
Updated Quadplex with Laundry

422 N 1st St, West Branch, IA 52358

$334,000
3,024 sqft

Four occupied apartments combine refreshed interiors with tenant parking and shared laundry facilities.

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Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

West Branch, IA 52358

$334,000

Fully occupied income property with refreshed interiors, shared laundry, and tenant parking.

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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 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

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

Ws St, Mechanicsville, IA 52306

Estimated value:
$235,000
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%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52306 $240K

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%

Total CRE Inventory on Market (SF)

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