Multifamily

Storm Lake, IA Multifamily Properties for Sale

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Lakeside, IA Alta, IA Newell, IA Schaller, IA Aurelia, IA Albert City, IA Sioux Rapids, IA Sac City, IA
Updated Two-Unit Duplex
Updated: Apr 14
Updated Two-Unit Duplex

718 SENECA ST, Storm Lake, IA 50588

$167,000
2,488 sqft 0.14 AC lot
2,488‑square‑foot duplex on a 0.1446‑acre lot
Two units with 1,244 square feet on each level
Main‑floor unit has 3 bedrooms and 1 full bathroom
Upper‑level unit includes 4 bedrooms and 1 full bathroom
New siding, roof, sewer line, and updated electrical service
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Two-Unit Duplex with Basement
Updated: Apr 11
Two-Unit Duplex with Basement

520 Early Street, Storm Lake, IA 50588

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Two‑unit duplex at 520 Early Street, Storm Lake, IA 50588
Main‑floor unit includes 2 bedrooms, kitchen, full bath, laundry, and central air
Upper unit has a bedroom, kitchen, and full bath
Basement includes a living area, 2 nonconforming bedrooms, and a 3/4 bath
Basement bedrooms need egress windows
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Storm Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

Three-Unit Apartment Building
Three-Unit Apartment Building

211 S 5th St, Sac City, IA 50583

$139,900
1,883 sqft

All units are leased, with recent window replacement and renovations in two apartments.

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Apartment Buildings with Remodeled Units
Apartment Buildings with Remodeled Units

100 E 1St Avenue, Arthur, IA 51431

$474,900
0.91 AC lot

Two apartment buildings contain a mix of one- and two-bedroom residences with updated interiors in selected units.

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Updated Triplex with Rental Income
Updated Triplex with Rental Income

211 S 5th Street, Sac City, IA 50583

$139,900
0.25 AC lot

Three apartments include two remodeled units with updated appliances and recent property-wide window replacement.

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11-Unit Apartment Buildings
11-Unit Apartment Buildings

100 E 1St Avenue, Arthur, IA 51431

Contact for pricing
7,242 sqft 0.78 AC lot

Two apartment buildings include remodeled units and off-street parking.

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Off-Market Properties in Storm Lake, IA

Consider similar Off-Market properties in Storm 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.

1222 590th St
MOBILE HOME PARK, TRAILER PARK

1222 590th St, Storm Lake, IA 50588-7509

$210,000
Estimated value
1.99 AC lot
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1222 590th St
MOBILE HOME PARK, TRAILER PARK

1222 590th St, Storm Lake, IA 50588-7509

$235,000
Estimated value
12.48 AC lot
View details
1222 590th St
MOBILE HOME PARK, TRAILER PARK

1222 590th St, Storm Lake, IA 50588-7509

$235,000
Estimated value
2.87 AC lot
View details
8th
MOBILE HOME PARK, TRAILER PARK

8th, Storm Lake, IA 50588

$340,000
Estimated value
4.42 AC lot
View details
9th
MOBILE HOME PARK, TRAILER PARK

9th, Storm Lake, IA 50588

$300,000
Estimated value
4.42 AC lot
View details

Storm Lake, IA Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Storm Lake, IA on our real estate platform. These investment opportunities span a total of 2,488 square feet of properties for sale, with an estimated market value of $167,000.

Sale prices for multifamily properties in Storm Lake, IA average $167,000 — 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 2

Demographics Overview

Population 13K
Population Growth (5Y) +6.7%
Median Household Income $65,475
College Educated 31.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50588 $167K

Taxes & Financing

Tax Rate (average for all types) 3.17%
Property Tax per SF $32.45 per SF
Tax Rate vs County Average 0.74 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Buena Vista County

New Delisted

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