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    Prairie City, IA Multifamily Properties for Sale

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    Altoona, IA Pleasant Hill, IA Des Moines, IA
    Duplex in Prairie City, Iowa
    $254,000
    1,600 SF

    Duplex in Prairie City, Iowa

    202 E South Street, Prairie City, IA 50228

    Investment duplex with month-to-month leases in Prairie City, Iowa.

    • Duplex built in 1993, ideal for investment
    • Each unit features 2 bedrooms and 1 full bath
    • Enjoy the convenience of a 1‑car attached garage for each unit
    • Spacious kitchen that opens to the living room in both units
    • East‑side unit includes a stair lift to the basement and a walk‑in shower
    Updated: Mar 31
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Prairie City, 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.

    Well-Kept Duplex in Des Moines
    $260,000
    1,920 SF

    Well-Kept Duplex in Des Moines

    Two-story duplex with updates in a fantastic Des Moines location.

    4236 Boyd Street, Des Moines, IA 50317
    View details
    Well-Kept Duplex in Des Moines
    $265,000
    1,472 SF

    Well-Kept Duplex in Des Moines

    Desirable Des Moines duplex with separate driveways and fenced yards.

    4230/4232 Boyd Street, Des Moines, IA 50317
    View details
    Newton Iowa Apartment Portfolio
    $700,000
    8,424 SF

    Newton Iowa Apartment Portfolio

    12-unit apartment building with recent roof improvements in Newton, Iowa.

    115 South 5th Avenue West, Newton, IA 50208
    View details
    Multifamily Condo Units Portfolio Package
    Contact for pricing
    514 SF

    Multifamily Condo Units Portfolio Package

    Fifteen condo units offered as a portfolio package for sale.

    104 1st Avenue E, Newton, IA 50208
    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.

    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
    View details
    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
    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres

    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565
    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

    Prairie City, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Prairie City, IA on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $254,000.

    Sale prices for multifamily properties in Prairie City, IA start at $254,000, averaging $254,000, and reaching up to $254,000 — 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

    Duplexes 1

    Demographics Overview

    Population 2,345
    Population Growth (5Y) -20.0%
    Median Household Income $89,511
    College Educated 38.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50228 $254K

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $26.85 per sq ft
    Tax Rate vs County Average 0.52 pp below county avg
    Average Loan-to-Value 65.0%

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