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    Mount Ayr, IA
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    Mount Ayr, IA Multifamily Properties for Sale

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    Corydon, IA Kellerton, IA Redding, IA
    12-Unit Apartment with Medical Office
    $1,100,000
    2.00 Acres
    12-Unit Apartment with Medical Office

    1201 E South Street, Mount Ayr, IA 50854

    Multifamily property with 12 two-bedroom units plus an occupied medical office, situated on highly visible Highway 2 land.
    • 12‑unit apartment complex with all units offering 2 bedrooms, 1 bathroom, and in‑unit laundry
    • Commercial office space currently occupied by a medical office, with additional room for expansion or other business use
    • Over 2 acres of prime commercial real estate with frontage along Highway 2
    • Built in 1993 with forced air heating and central air
    • Brick and metal siding construction with tile, vinyl, and carpet flooring
    Updated: Jun 18
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Ayr, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Remodeled Apartment Building with Laundromat
    $800,000
    1.00 Acre
    Remodeled Apartment Building with Laundromat

    20-unit apartment building with commercial laundry, remodeled and in excellent condition.

    318 E Main Street, Lamoni, IA 50140

    View details
    Well-Constructed Multifamily Building in Leon
    $179,999
    Well-Constructed Multifamily Building in Leon

    Legal 5-family residential building, fully occupied in Leon, Iowa.

    600 S main Street, Leon, IA 50144

    View details
    Remodeled Apartment Building with Laundromat
    $800,000
    Remodeled Apartment Building with Laundromat

    20-unit apartment building with laundromat near Graceland College.

    318 E Main Street, Lamoni, IA 50140

    View details
    Legal Five-Family Building For Sale
    $179,999
    Legal Five-Family Building For Sale

    Well-constructed, fully occupied five-family building, pre-qualification required for showings.

    600 S Main Street, Leon, IA 50144

    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.

    Improved Residential Lot Ready-to-Go
    Contact for pricing
    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065

    View details
    Bethany Land Ready For Development
    $300,000
    10.00 Acres
    Bethany Land Ready For Development

    10-acre commercial property with development potential near I-35.

    0 N 41st St, Bethany, MO 64424

    View details
    Leavenworth Land For Sale
    $1,750,000
    35.00 Acres
    Leavenworth Land For Sale

    35 acre commercial lot with utilities ready for development.

    13788 McIntyre1 Road, Leavenworth, KS 66048

    View details
    Lake Access Land in Lacygne
    Contact for pricing
    0.56 Acres
    Lake Access Land in Lacygne

    Three lots near Tanglewood Lakes, ready for recreation or building.

    49 & 53 Termical Drive, Lacygne, KS 66040

    View details

    Mount Ayr, IA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Mount Ayr, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for multifamily properties in Mount Ayr, IA start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — 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

    Apartment buildings 1

    Demographics Overview

    Population 2,304
    Population Growth (5Y) -10.9%
    Median Household Income $69,352
    College Educated 33.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $28.25 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ringgold County

    New Delisted

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