Multifamily

Pella, IA Multifamily Properties for Sale

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Knoxville, IA Otley, IA Reasnor, IA New Sharon, IA Sully, IA Monroe, IA Bussey, IA Lynnville, IA
Duplex with Two Attached Garages
Updated: Aug 17, 2025
Duplex with Two Attached Garages

708710 Independence Street, Pella, IA 50219

$580,000
4,408 sqft
Duplex built in 1990 with vinyl exterior and asphalt/shingle roof
708 side includes approx. 2,600 SF finished space with 2+ bedrooms, 1 3/4 baths, and single attached garage
710 side includes approx. 1,700 SF finished space with 2 bedrooms, 1 3/4 baths, and single attached garage
Both units have front porches; deck off the back with storage area
Parking includes 2 garage spaces plus street parking; shared backyard off the alley features a detached 2‑stall garage
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pella, 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.

24-Unit Apartment Building
24-Unit Apartment Building

1718 & 1804 Dolores St, Knoxville, IA 50138

$1,550,000
9,751 sqft

The property combines two-bedroom units with private balconies, garages, and additional storage.

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Duplex with Detached Garage
Duplex with Detached Garage

211 NE 3rd Street, Melcher Dallas, IA 50062

$167,000
1,014 sqft 0.33 AC lot

Residential-zoned property with a three-door garage, public utilities, and updated interior finishes.

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Residential Income Property with Garage
Residential Income Property with Garage

211 NE 3rd Street, Melcher Dallas, IA 50062

$167,000
1,014 sqft

Single-family income-style property on a double lot with an open living/kitchen area, central air, and a three-door garage.

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Turnkey Restaurant with Rental Apartments
Turnkey Restaurant with Rental Apartments

3906 E Main St, Knoxville, IA 50138

Contact for pricing
4,224 sqft

Turnkey restaurant plus owner living quarters above and six occupied rental apartments, offered with an included furnished condo.

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Pella, IA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Pella, IA on our real estate platform. These investment opportunities span a total of 4,408 square feet of properties for sale, with an estimated market value of $580,000.

Sale prices for multifamily properties in Pella, IA average $580,000 — 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

Duplexes 1

Demographics Overview

Population 14K
Population Growth (5Y) +5.2%
Median Household Income $83,601
College Educated 61.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50219 $580K

Taxes & Financing

Tax Rate (average for all types) 2.49%
Property Tax per SF $31.71 per SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

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