Spirit Lake, IA Multifamily Properties for Sale

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Orleans, IA Okoboji, IA Arnolds Park, IA

6 listings

$549,000

1,940 SF

Duplex with 20-Foot Ceilings

3302 Ponderosa Court, Spirit Lake, IA 51360

Modern 3-bedroom duplex with open-concept living and dramatic high ceilings for a bright, spacious layout.

Under construction 2022‑built 3‑bedroom, 2.5‑bath duplex with forced‑air heating and central air
Open‑concept layout with 20‑foot ceilings and expansive windows for a bright interior
Kitchen includes quartz countertops, a waterfall‑edge island, and GE Cafe appliances
Appliances: dishwasher, disposal, microwave, range/stove, refrigerator, washer, and dryer
In‑ground sprinkler system

Updated: Jun 8

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$1,990,000

3,848 SF

Contemporary Duplex on Spirit Lake

16822 255th Street, Spirit Lake, IA 51360

New construction duplex designed for comfortable lake living.

New construction duplex (2026) with contemporary architectural style
Walk‑out lower level includes additional living area and kitchen, leading straight to the water
57' of lakeshore with exterior deck and dock
Open‑concept main floor layout plus additional upstairs bedrooms, including a large bunk room
Central air and forced‑air heating

Updated: May 15

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$1,990,000

3,834 SF

Contemporary Duplex on Spirit Lake

New construction duplex designed for comfortable lake living.

16822 255th Street, Spirit Lake, IA 51360

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$425,000

2,439 SF

Spirit Lake Duplex with Pond

Near-new duplex with pond view, close to amenities.

1940 35th Street, Spirit Lake, IA 51360

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$419,900

1,425 SF

New Construction Duplex in Spirit Lake

Contemporary 2-bedroom, 2-bathroom duplex with modern amenities and bike trail access.

3102 Spruce Court, Spirit Lake, IA 51360

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$900,000

Spirit Lake Eight-Unit Apartment Building

Eight-unit apartment building in downtown Spirit Lake, Iowa.

1501 Hill Ave, Spirit Lake, IA 51360

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Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 6 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, 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.

Versatile Commercial Building in Blue Earth

$800,000

5,500 SF

Versatile Commercial Building in Blue Earth

Adaptable 5,500+ sq ft commercial building with many potential uses.

311 S Nicollet Street, Blue Earth, MN 56013

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Spencer Iowa Multifamily Investment Opportunity

$115,000

0.18 Acres

Spencer Iowa Multifamily Investment Opportunity

Multifamily property in Spencer, Iowa, with a strong occupancy history.

19 E 2nd Street, Spencer, IA 51301

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$1,300,000

19,200 SF

Value-Add Apartment Opportunity

Apartment complex with value-add potential in Blue Earth, Minnesota.

830 Moore St., Blue Earth, MN 56013

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$63,000

0.18 Acres

Three-Unit Residential Income Property

Three-unit multifamily property offers a straightforward residential income setup in Spencer, Iowa.

807 4th Avenue, Spencer, IA 51301

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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.

$124,900

9.30 Acres

Waterfront Recreational Land Parcel

Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

Fulda, MN 56131

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$249,900

2.16 Acres

Land for Multi-Family Housing

2.16 acre lot zoned for multi-family housing development.

1610 7th Avenue E, Alexandria, MN 56308

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Alexandria Lakeshore Property with Rental Opportunity

$798,500

15.62 Acres

Alexandria Lakeshore Property with Rental Opportunity

Lakeshore property with rental cabins and RV sites near Alexandria.

5950 County Road 8 NW, Alexandria, MN 56308

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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

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Off-Market Properties in Spirit Lake, IA

Consider similar Off-Market properties in Spirit Lake, 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.