Multifamily

Storm Lake, IA Multifamily Properties for Sale

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Lakeside, IA Newell, IA Schaller, IA Aurelia, IA Albert City, IA Sac City, IA Sioux Rapids, IA Fonda, IA
Quadplex with Separate Utilities
Updated: Sep 17
Quadplex with Separate Utilities

107 SENECA ST, Storm Lake, IA 50588

$230,000
3,537 sqft 0.20 AC lot
Four units with a total of 7 bedrooms and 4 bathrooms
Three 2‑bedroom, 1‑bathroom units and one 1‑bedroom, 1‑bathroom unit
Three of the four units are currently rented
Separate utility service for each unit
3,537 square feet on a 0.2025‑acre parcel
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Duplex with Updated Building Systems
Updated: Apr 14
Duplex with Updated Building Systems

718 SENECA ST, Storm Lake, IA 50588

$167,000
2,488 sqft 0.14 AC lot
Two apartments, approximately 1,244 square feet each
Main‑level unit: 3 bedrooms and 1 full bathroom; upper‑level unit: 4 bedrooms and 1 full bathroom
New siding and roof, replacement sewer line, and updated electrical service
Built in 1915; hot water heating
0.1446‑acre lot, zoned Res
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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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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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Updated Multifamily Apartment Buildings
Updated Multifamily Apartment Buildings

100 E 1St Avenue, Arthur, IA 51431

$474,900
0.91 AC lot

Two-building apartment property with a mix of one- and two-bedroom units, including five remodeled residences.

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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

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

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

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

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

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

8th, Storm Lake, IA 50588

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

9th, Storm Lake, IA 50588

Estimated value:
$300,000
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 6,025 square feet of properties for sale, with an estimated market value of $397,000.

Sale prices for multifamily properties in Storm Lake, IA start at $167,000, averaging $198,500, and reaching up to $230,000 — 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 1
Quadplexes 1

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 $198.5K

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

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Buena Vista County

Residential Income

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