Orange City, IA Multifamily properties for sale

Updated: Jun 18

Renovated Four-Unit Income Property

120 DELAWARE AVE SW, Orange City, IA 51041

$310,000

1,715 sqft 0.23 AC lot

Four‑unit residential property built in 1900
3 current long‑term tenants on month‑to‑month leases, with flexibility for future ownership
Extensive renovations completed in 2020 with modern finishes and well‑maintained units
Shared washer and dryer in a clean, convenient common area
Tenants pay their own Wi‑Fi

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This listing looks promising.

Here's a quick look at some key insights for

120 DELAWARE AVE SW, Orange City, IA 51041

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Est. Cap Rate

4.8%
NOI ÷ price
Est. NOI

$15K
Annual
Price @ 7% Cap

$210K
Suggested
Property Type

Triplex
Built 1900

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Orange City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Fourplex Townhome Investment Property

3755 Glen Oaks Blvd, Sioux City, IA 51104

$1,100,000

8,000 sqft

Four-plex townhome property with four units across three levels, two currently rented and two vacant.

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Mixed-Use Building with Apartments

4001 Floyd Blvd, Sioux City, IA 51108

$350,000

400 sqft 0.14 AC lot

Street-level commercial space with four second-floor apartments, including two studios and two one-bed units.

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Historic Storefront and Apartments

Le Mars, IA 51031

$599,000

0.09 AC lot

Fully renovated building offers storefront space with two upstairs apartments and recent roof, window, mechanical, plumbing, and electrical updates.

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Historic Two-Story Commercial Building

Le Mars, IA 51031

$300,000

0.09 AC lot

Two-story commercial building with split main level, apartment-style weekly rental space, and an unfinished basement.

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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.

Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900

9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Lakefront Recreation Lot with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800

0.46 AC lot

Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

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Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900

2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500

15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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Off-Market Properties in Orange City, IA

Consider similar Off-Market properties in Orange City, 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.

MOBILE HOME PARK, TRAILER PARK

1011 Albany SE Pl, Orange City, IA 51041-1979

$1,000,000

Estimated value

5.51 AC lot

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Orange City, IA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Orange City, IA on our real estate platform. These investment opportunities span a total of 1,715 square feet of properties for sale, with an estimated market value of $310,000.

Sale prices for multifamily properties in Orange City, IA average $310,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
51041	$310K

Neighborhood

Average Price

51041

$310K

Orange City, IA Multifamily Properties for Sale

120 DELAWARE AVE SW, Orange City, IA 51041