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Rock Rapids, IA Multifamily Properties for Sale

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Renovated Duplex in Rock Rapids
$425,000
2,220 SF

Renovated Duplex in Rock Rapids

507 S Greene St, Rock Rapids, IA 51246

Completely renovated duplex with modern amenities and income potential.

  • Fully renovated/reconstructed duplex with modern finishes and open layouts, offering 2 units each with 3 bedrooms and 2 bathrooms.
  • Each unit has its own insulated and heated 2‑stall garage, separate HVAC systems, water heaters, and individual utility meters.
  • Includes all new or refurbished appliances (kitchen appliances, washer, and dryer) in both units.
  • Qualifies for a 100% tax exemption on the first $75,000 of improvements for five years (starting in 2024).
  • Both units are currently occupied, providing immediate rental income.
Updated: Jan 13
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Rock Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Luverne, MN Luxury Apartment Complex
$8,500,000
54,000 SF

Luverne, MN Luxury Apartment Complex

Energy-Efficient Apartments, Prime Location

120 Hatting St, Luverne, MN 56156
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New Multifamily Property with Amenities
Contact for pricing

New Multifamily Property with Amenities

Multifamily property built in 2023 with assumable HUD loan.

120 W Hatting St, Luverne, MN 56156
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Historic Mixed-Use Building For Sale
$429,000

Historic Mixed-Use Building For Sale

Mixed-use building with apartments and commercial space in Garretson, SD.

529 North Main Ave, Garretson, SD 57030
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Historic Multifamily Building For Sale
$429,000

Historic Multifamily Building For Sale

Multifamily property with main-floor space and on-site parking.

529 North Main Ave, Garretson, SD 57030
View details

Explore Off-Market Properties in Rock Rapids, IA

Consider similar Off-Market properties in Rock Rapids, 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.

901 2nd E Ave

901 2nd E Ave

MOBILE HOME PARK, TRAILER PARK • 1.71 Acres
Value Estimation by Request
901 2nd E Ave, Rock Rapids, IA 51246-1740
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Rock Rapids, IA 51246

Rock Rapids, IA 51246

MOBILE HOME PARK, TRAILER PARK • 4.06 Acres
Value Estimation by Request
Rock Rapids, IA 51246
View details
Rock Rapids, IA 51246

Rock Rapids, IA 51246

MOBILE HOME PARK, TRAILER PARK • 3.74 Acres
Value Estimation by Request
Rock Rapids, IA 51246
View details

Rock Rapids, IA Multifamily Properties Investment Opportunities Market Analysis

Explore 7 multifamily properties for sale in Rock Rapids, IA on our real estate platform. These investment opportunities span a total of 353,271 square feet of properties for sale, with an estimated market value of $890,000.

Sale prices for multifamily properties in Rock Rapids, IA start at $230,000, averaging $296,666, and reaching up to $425,000 — 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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