Multifamily

Meservey, IA Multifamily Properties for Sale

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Sheffield, IA Alexander, IA Belmond, IA Clear Lake, IA Garner, IA Ventura, IA Rockwell, IA Clarion, IA
Ranch Fourplex With Shared Laundry
Updated: Jul 8
Ranch Fourplex With Shared Laundry

Meservey, IA 50457

$120,000
2,819 sqft
Four‑unit property with two 2‑bedroom units and two 1‑bedroom units
2,819 square feet with 1 bath in each unit
New steel roof, brick exterior, and newer flooring throughout
Separate electrical meter and breaker panel for every unit
Shared water meter and dedicated laundry room
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Vacant Fourplex with Shared Laundry
Updated: May 27
Vacant Fourplex with Shared Laundry

Meservey, IA 50457

$120,000
2,819 sqft
Fourplex with two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
2,819‑square‑foot property with newer flooring throughout all four units
New steel commercial roof and brick exterior in excellent condition
Each unit has separate electric metering and its own electrical breaker panel
Water is on a single meter and included in the rent
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Meservey, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Side-by-Side Duplex
Side-by-Side Duplex

242 14th Street SE, Mason City, IA 50401

$165,000
3,060 sqft 0.17 AC lot

Separate entrances and individual kitchens support independent use of the two residences.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

308 S 12th Street, Clear Lake, IA 50428

$275,000
1,243 sqft 0.16 AC lot

Two separate residences support owner occupancy in one unit while the other is used for rental income.

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Side-by-Side Duplex with Garage
Side-by-Side Duplex with Garage

242 14th Street SE, Mason City, IA 50401

$165,000
3,060 sqft

Two separate residences offer flexible occupancy options with individual entrances and shared detached parking and storage.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

308 S 12th Street, Clear Lake, IA 50428

$275,000
1,243 sqft

Two refreshed residences offer separate layouts, updated flooring, new paint, and individual central A/C systems.

View details

Meservey, IA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Meservey, IA on our real estate platform. These investment opportunities span a total of 5,638 square feet of properties for sale, with an estimated market value of $240,000.

Sale prices for multifamily properties in Meservey, IA average $120,000 — 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

Quadplexes 2

Demographics Overview

Population 504
Population Growth (5Y) +48.2%
Median Household Income $47,321
College Educated 12.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50457 $120K

Taxes & Financing

Tax Rate (average for all types) 1.56%
Property Tax per SF $18.94 per SF
Tax Rate vs County Average 0.60 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cerro Gordo County

New Delisted

Total CRE Inventory on Market (SF)

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