Multifamily

Mitchellville, IA Multifamily Properties for Sale

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8-Unit Apartment Building with Parking
Updated: Mar 27
8-Unit Apartment Building with Parking

113 2nd St NE, Mitchellville, IA 50169

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5,984 sqft
Eight 2BR/1BA apartment units totaling 5,984 SF
100% occupied at the time of listing
Private parking lot and clean common areas
Boiler system installed in 2025
Corner location at 2nd St NE and Park Ave
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Mitchellville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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.

Four-Unit Quadplex
Four-Unit Quadplex

202 3rd Street SE, Altoona, IA 50009

$350,000
1,690 sqft 0.20 AC lot

R-3 zoned four-unit quadplex with public water and sewer, newer roof, and off-street parking behind the alley.

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Brick Multifamily Building with Laundry
Brick Multifamily Building with Laundry

205 4th Street SW, Altoona, IA 50009

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4,352 sqft

The brick property includes separately metered tenant electric and an income-producing laundry.

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31-Lot Mobile Home Park
31-Lot Mobile Home Park

4171 E Broadway Ave, Des Moines, IA 50317

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Includes an occupied single-family residence and sewer infrastructure connected directly to city utilities.

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40-Unit Senior Housing Property
40-Unit Senior Housing Property

4010 E 42nd St, Des Moines, IA 50317

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Two-story senior housing community with varied apartment layouts and shared resident amenity areas.

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Off-Market Properties in Mitchellville, IA

Consider similar Off-Market properties in Mitchellville, 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.

106 2nd NW St
APARTMENT HOUSE (5+ UNITS)

106 2nd NW St, Mitchellville, IA 50169-9724

$480,000
Estimated value
1,799 sqft 0.42 AC lot
View details
116 High SW St
APARTMENT HOUSE (5+ UNITS)

116 High SW St, Mitchellville, IA 50169-9703

$825,000
Estimated value
1,800 sqft 1.77 AC lot
View details
113 2nd NE St
APARTMENT HOUSE (5+ UNITS)

113 2nd NE St, Mitchellville, IA 50169-8405

$310,000
Estimated value
5,984 sqft 0.20 AC lot
View details
216 High SW St
APARTMENT HOUSE (5+ UNITS)

216 High SW St, Mitchellville, IA 50169-9702

$375,000
Estimated value
4,352 sqft 0.50 AC lot
View details
116 Ctr N Ave
APARTMENT HOUSE (UNDER 5 UNITS)

116 Ctr N Ave, Mitchellville, IA 50169-7704

$220,000
Estimated value
1,900 sqft 0.05 AC lot
View details
107 Ctr N Ave
APARTMENT HOUSE (UNDER 5 UNITS)

107 Ctr N Ave, Mitchellville, IA 50169-7706

$270,000
Estimated value
2,240 sqft 0.15 AC lot
View details
303 Jet SW St
APARTMENT HOUSE (5+ UNITS)

303 Jet SW St, Mitchellville, IA 50169-9712

$430,000
Estimated value
5,280 sqft 0.61 AC lot
View details
401 Ctr S Ave
APARTMENT HOUSE (5+ UNITS)

401 Ctr S Ave, Mitchellville, IA 50169-9707

$285,000
Estimated value
3,909 sqft 2.04 AC lot
View details
512 Walnut NW Ave
APARTMENT HOUSE (UNDER 5 UNITS)

512 Walnut NW Ave, Mitchellville, IA 50169-9722

$235,000
Estimated value
4,240 sqft 0.25 AC lot
View details
420 Ml SW St
APARTMENT HOUSE (100+ UNITS)

420 Ml SW St, Mitchellville, IA 50169-7702

$565,000
Estimated value
816 sqft 74.50 AC lot
View details
409 4th NE St
APARTMENT HOUSE (5+ UNITS)

409 4th NE St, Mitchellville, IA 50169-8401

$400,000
Estimated value
5,120 sqft 0.37 AC lot
View details
407 4th NE St
APARTMENT HOUSE (5+ UNITS)

407 4th NE St, Mitchellville, IA 50169-8400

$400,000
Estimated value
5,120 sqft 0.39 AC lot
View details

Mitchellville, IA Multifamily Properties Market Trends and Statistics

Explore 13 multifamily properties for sale in Mitchellville, IA on our real estate platform. These investment opportunities span a total of 5,984 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 3,532
Population Growth (5Y) +13.6%
Median Household Income $81,625
College Educated 23.0%

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $30.17 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

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