Multifamily

Story City, IA Multifamily Properties for Sale

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Roland, IA Gilbert, IA Nevada, IA Jewell, IA Ames, IA Ellsworth, IA Stanhope, IA Indianola, IA
Three-Level Tri-Plex Rental Property
Updated: Jul 13
Three-Level Tri-Plex Rental Property

215 Cedar Street, Story City, IA 50248

$185,000
1,552 sqft 0.26 AC lot
3‑level tri‑plex with three separate units: 2BR/1.5BA basement, 2BR/1BA main level, and 1BR/1BA upper level
Year built 1910
Tenants pay all utilities except water
Heating: forced air; cooling: central air
Water source: public; sewer: public sewer
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This listing looks promising.

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215 Cedar Street, Story City, IA 50248

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Story City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Duplex Property with Garage
Duplex Property with Garage

102 E Walnut Street, Roland, IA 50236

$295,000
2,400 sqft

2013-built residential income property in Roland with R zoning and multiple bedrooms.

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Historic Brick Duplex
Historic Brick Duplex

319-317 20th St, Ames, IA 50010

$242,000
1,740 sqft

Two-unit property with hardwood floors, included appliances, basement laundry hookups, off-street parking, and private yard space.

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18-Unit Duplex Package
18-Unit Duplex Package

102 E Walnut St, Roland, IA 50236

$295,000
2,400 sqft

Nine buildings are located across Nevada, Roland, and Baxter, with varied residential layouts and rental-use flexibility.

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Riverview Apartments in Ames, Iowa
Riverview Apartments in Ames, Iowa

3500 Grand Ave, Ames, IA 50010

Contact for pricing
39,180 sqft

43-unit apartment community near Iowa State University.

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Off-Market Properties in Story City, IA

Consider similar Off-Market properties in Story City, 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.

120 1st St
MOBILE HOME PARK, TRAILER PARK

120 1st St, Story City, IA 50248-1013

$350,000
Estimated value
6.38 AC lot
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Story City, IA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Story City, IA on our real estate platform. These investment opportunities span a total of 1,552 square feet of properties for sale, with an estimated market value of $185,000.

Sale prices for multifamily properties in Story City, IA average $185,000 — 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 4,300
Population Growth (5Y) -0.5%
Median Household Income $88,333
College Educated 50.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50248 $185K

Taxes & Financing

Tax Rate (average for all types) 2.48%
Property Tax per SF $28.84 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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