Multifamily

Readlyn, IA Multifamily Properties for Sale

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Brick Mixed-Use Building
Updated: May 29
Brick Mixed-Use Building

201 Main Street, Readlyn, IA 50668

$145,000
3,000 sqft
All‑brick mixed‑use building built in 1905 with 6,000 total SF and a 0.16‑acre lot
Main level offers 3,000 SF suited for retail or office use
Second level includes three apartments: two 2‑bedroom units and one 1‑bedroom unit
Apartments currently generate $1,650/month in rents
On‑site laundry available for tenants
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Readlyn, 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.

Mixed-Use Downtown Storefront and Apartments
Mixed-Use Downtown Storefront and Apartments

122 & 120 E Bremer Avenue, Waverly, IA 50677

$440,000
14,900 sqft

Two side-by-side historic buildings offer storefront commercial units with six apartment units above and additional vacant space on the third floor.

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Two-Unit Duplex Property
Two-Unit Duplex Property

411 Maple St, Janesville, IA 50647

$220,000
1,400 sqft

Occupied duplex with matching two-bedroom, one-bath layouts on each side.

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Historic Mixed-Use Downtown Buildings
Historic Mixed-Use Downtown Buildings

122 & 120 E Bremer Avenue, Waverly, IA 50677

$440,000
0.14 AC lot

Two adjoining brick structures combine commercial suites with six upper-level apartments.

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3-Unit Residential Property
3-Unit Residential Property

407 Maple Street, Janesville, IA 50647

$270,000

Fully occupied residential property combining a detached home with a two-sided duplex configuration.

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Readlyn, IA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Readlyn, IA on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $145,000.

Sale prices for multifamily properties in Readlyn, IA average $145,000 — 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

Triplexes 1

Demographics Overview

Population 1,231
Population Growth (5Y) +4.9%
Median Household Income $84,464
College Educated 23.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50668 $145K

Taxes & Financing

Tax Rate (average for all types) 2.13%
Property Tax per SF $19.76 per SF
Tax Rate vs County Average 0.27 pp below county avg
Average Loan-to-Value 65.0%

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