Multifamily

Polk City, IA Multifamily Properties for Sale

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Des Moines, IA Granger, IA Johnston, IA Ankeny, IA Grimes, IA Madrid, IA Sheldahl, IA Slater, IA
Duplex with Individual Garages
Updated: Sep 3
Duplex with Individual Garages

309 Tyler Street, Polk City, IA 50226

$279,900
1,848 sqft 0.39 AC lot
Two‑unit duplex with 1,848 square feet
Both units offer 2 bedrooms and an individual garage
0.394‑acre parcel at 309 Tyler Street
R2 zoning with public water and public sewer
Built in 1975 with vinyl siding and asphalt shingle roofing
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2-Unit Duplex with Garages
Updated: Oct 22
2-Unit Duplex with Garages

1005 Lyndale Drive, Polk City, IA 50226

$299,000
1,008 sqft 0.36 AC lot
Two residences, each with 2 bedrooms and an individual garage
1,008 square feet on a 0.363‑acre lot
Central air conditioning and heat‑pump heating in both units
Tenants pay utilities, water, and trash
Built in 1978; zoned R‑2
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Duplex with Individual Garages
Duplex with Individual Garages

1001 Lyndale Drive, Polk City, IA 50226

$299,000
2,016 sqft 0.44 AC lot

Each residence offers two bedrooms, central air, and a heat pump for heating.

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Duplex with Individual Garages
Duplex with Individual Garages

1001 Lyndale Dr, Polk City, IA 50226

$299,000
2,016 sqft

Two-bedroom units include central air, high-efficiency heat pumps, and separate garages.

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Two-Bedroom Duplex with Garages
Two-Bedroom Duplex with Garages

309 Tyler St, Polk City, IA 50226

$279,900
964 sqft

Two-unit residential income property with separate garages and tenant-paid utilities, water, and trash service.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Polk City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

Duplex With Attached Garages
Duplex With Attached Garages

18900 Wendover Avenue, Granger, IA 50109

$320,000
2,000 sqft

Two-bedroom residences include full kitchens, private patios, and central air in a ranch-style layout.

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Two-Unit Ranch Duplex
Two-Unit Ranch Duplex

18920 Wendover Avenue, Granger, IA 50109

$330,000
2,028 sqft

Well-maintained duplex with private patios, attached garages, and full kitchens serving both residences.

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Side-by-Side Ranch Duplex
Side-by-Side Ranch Duplex

622 Sw Maple St, Ankeny, IA 50023

$309,900
1,716 sqft

Both residences have been remodeled and are occupied, with tenants paying their own utilities.

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Duplex with Detached Garages
Duplex with Detached Garages

1201 NW Linden Street, Ankeny, IA 50023

$348,400
1,520 sqft 0.25 AC lot

Each residence has in-unit laundry, separate utility meters, and a paved driveway.

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Off-Market Properties in Polk City, IA

Consider similar Off-Market properties in Polk 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.

317 Wood St
APARTMENT HOUSE (5+ UNITS)

317 Wood St, Polk City, IA 50226-2286

Estimated value:
$660,000
6,512 sqft 0.39 AC lot
View details
318 Van Dorn St
APARTMENT HOUSE (5+ UNITS)

318 Van Dorn St, Polk City, IA 50226-2284

Estimated value:
$660,000
6,512 sqft 0.39 AC lot
View details
404 Sandpiper Ct
APARTMENT HOUSE (5+ UNITS)

404 Sandpiper Ct, Polk City, IA 50226

Estimated value:
$3,630,000
6,144 sqft 0.93 AC lot
View details
111 Broadway St
APARTMENT HOUSE (UNDER 5 UNITS)

111 Broadway St, Polk City, IA 50226-2302

Estimated value:
$215,000
2,496 sqft 0.25 AC lot
View details
602 Van Dorn St
APARTMENT HOUSE (5+ UNITS)

602 Van Dorn St, Polk City, IA 50226-2068

Estimated value:
$365,000
3,901 sqft 4.80 AC lot
View details
407 Sandpiper Ct
APARTMENT HOUSE (5+ UNITS)

407 Sandpiper Ct, Polk City, IA 50226-2229

Estimated value:
$470,000
5,760 sqft 0.37 AC lot
View details
1140 5th St
APARTMENT HOUSE (5+ UNITS)

1140 5th St, Polk City, IA 50226-2181

Estimated value:
$720,000
5,838 sqft 1.72 AC lot
View details

Polk City, IA Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Polk City, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,852 square feet of properties for sale, with an estimated market value of $1,456,800.

Sale prices for multifamily properties in Polk City, IA start at $279,900, averaging $291,360, and reaching up to $299,000 — 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 4

Demographics Overview

Population 7,290
Population Growth (5Y) +15.9%
Median Household Income $161,627
College Educated 63.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50226 $289.5K

Taxes & Financing

Tax Rate (average for all types) 2.68%
Property Tax per SF $40.51 per SF
Tax Rate vs County Average 0.27 pp above 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 Residential Income pricing trends in Polk County

Residential Income

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