Multifamily

Montezuma, IA Multifamily Properties for Sale

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Deep River, IA Brooklyn, IA Gibson, IA
Fully Occupied Triplex with Separate Meters
Updated: Jun 30
Fully Occupied Triplex with Separate Meters

415 E Main Street, Montezuma, IA 50171

$189,000
2,798 sqft · 0.20 AC lot
Fully occupied 3‑unit triplex with monthly rent of $2,200; Main level $600 (1BR) and $700 (1BR); Upper level $900 (3BR).
Owner and tenant costs: tenants pay their own utilities; owner pays mowing and snow removal.
Unit updates within last 24 months: main floor kitchen updated in '26; upstairs shower, kitchen floor and paint in '26; new windows and renovated 3rd bedroom in upper unit.
Each unit has a full bath, kitchen with owner‑owned appliances, its own electric meter, HVAC, and laundry hookups.
Building has vinyl siding and a metal roof; forced‑air heating; public water; circuit breaker panels and updated windows.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Montezuma, 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.

Grinnell Triplex Investment Opportunity
Grinnell Triplex Investment Opportunity

1604 5th Avenue, Grinnell, IA 50112

$133,500
2,435 sqft · 0.35 AC lot

Triplex near downtown Grinnell and college, great investment potential.

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Updated Investment Opportunity in Iowa
Updated Investment Opportunity in Iowa

907 6th Avenue, Belle Plaine, IA 52208

$149,900
1,916 sqft · 0.19 AC lot

Move-in ready duplex with recent updates and strong rental income.

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Updated Duplex with Off-Alley Parking
Updated Duplex with Off-Alley Parking

Belle Plaine, IA 52208

$149,900

Move-in ready duplex with updated interiors, steel roof, and both street and off-street parking arrangements.

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Grinnell Iowa Multifamily Investment Portfolio
Grinnell Iowa Multifamily Investment Portfolio

725 Spring Street, Grinnell, IA 50112

$1,415,000
18,092 sqft · 3.20 AC lot

Portfolio of 12 rental homes with strong income potential.

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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.

Commercial Development Land with Dirt Pads
Commercial Development Land with Dirt Pads

N 41st St, Bethany, MO 64424

$300,000
10.00 AC lot

10-acre commercial parcel with professionally constructed dirt pads and laid-out roadway, positioned for multi-unit rental development.

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Residential Lot in Wellsville, MO
Residential Lot in Wellsville, MO

412 Washington Street, Wellsville, MO 63384

Contact for pricing
0.17 AC lot

Ready-to-build residential lot in a charming small town.

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Leavenworth Land For Sale
Leavenworth Land For Sale

13788 McIntyre1 Road, Leavenworth, KS 66048

$1,750,000
35.00 AC lot

35 acre commercial lot with utilities ready for development.

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Commercial Land Development Parcel
Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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Off-Market Properties in Montezuma, IA

Consider similar Off-Market properties in Montezuma, 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.

508 Washington St
MOBILE HOME PARK, TRAILER PARK

508 Washington St, Montezuma, IA 50171

Value Estimation by Request
0.43 AC lot
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520 Frnt St
MOBILE HOME PARK, TRAILER PARK

520 Frnt St, Montezuma, IA 50171-1118

Value Estimation by Request
1,500 sqft · 5.68 AC lot
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Montezuma, IA Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Montezuma, IA on our real estate platform. These investment opportunities span a total of 2,798 square feet of properties for sale, with an estimated market value of $189,000.

Sale prices for multifamily properties in Montezuma, IA start at $189,000, averaging $189,000, and reaching up to $189,000 — 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

Triplexes 1

Demographics Overview

Population 2,445
Population Growth (5Y) -5.3%
Median Household Income $55,944
College Educated 23.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50171 $189K

Taxes & Financing

Tax Rate (average for all types) 1.74%
Property Tax per SF $25.50 per SF
Tax Rate vs County Average 0.45 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Poweshiek County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Residential Income

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