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Iowa

Multifamily

Story County, IA Multifamily Properties for Sale

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Des Moines, IA Sioux City, IA Cedar Rapids, IA Waterloo, IA Dubuque, IA Ankeny, IA Iowa City, IA Cedar Falls, IA

19 properties

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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

This listing looks promising.

Here's a quick look at some key insights for

215 Cedar Street, Story City, IA 50248

View Property Analytics

Est. Cap Rate

6.4%
Above avg (5.9%)
Est. NOI

$12K
Annual
Price @ 7% Cap

$170K
Suggested
Property Type

Triplex
Built 1910

View Property Analytics

Turnkey 8-Plex Rental Property

Updated: Feb 18

Turnkey 8-Plex Rental Property

215 Jewel Drive, Ames, IA 50010

$995,000

8,267 sqft 0.57 AC lot

8‑plex with unit mix of 4 two‑bedroom, 2 three‑bedroom, and 2 four‑bedroom units
All units include 2 full baths
Built in 1996 with steel siding exterior
Central air cooling plus forced‑air natural gas heating
Public water and public sewer

Ames Multifamily Investment Opportunity

Ames Multifamily Investment Opportunity

913 Garfield Avenue, Ames, IA 50014

$520,000

3,596 sqft 0.47 AC lot

Two well-maintained duplexes with strong rental history in Ames, Iowa.

Duplex Residential Income Portfolio

Duplex Residential Income Portfolio

209 S Cottonwood Street, Roland, IA 50236

$295,000

2,228 sqft 0.38 AC lot

For sale investor package featuring 18 duplex units across nine buildings in Roland, Iowa.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Mixed-Use Building with Retail

Mixed-Use Building with Retail

222 Water St, Cambridge, IA 50046

$999,999

6,554 sqft

A mixed-use property combining retail space with four residential units, including handicap-accessible and recently updated apartments.

Brick 4-Plex with Coin-Op Laundry

Brick 4-Plex with Coin-Op Laundry

506 Main Street, Slater, IA 50244

$300,000

1,575 sqft 0.26 AC lot

Four 2-bedroom, 1-bath units in a brick building, with coin-op laundry in the basement and updates over time.

Multi-Unit Duplex Investment

Multi-Unit Duplex Investment

1327 W 3rd Street, Nevada, IA 50201

$315,000

2,208 sqft

For sale duplex package with 18 units across 9 buildings in Nevada, IA, with photos showing similar unit interiors.

Nevada Iowa Multifamily Investment

Nevada Iowa Multifamily Investment

1521 S G Avenue, Nevada, IA 50201

$2,100,000

16,594 sqft 2.05 AC lot

Turnkey, renovated 33-unit apartment complex in Nevada, Iowa.

Student Housing Portfolio in Ames

Student Housing Portfolio in Ames

519 Welch Avenue, Ames, IA 50014

$4,300,000

31,307 sqft

47-unit student housing portfolio near Iowa State University.

Historic Brick Duplex

Historic Brick Duplex

317 20th Street, Ames, IA 50010

$242,000

1,740 sqft 0.23 AC lot

Two-unit historic brick duplex with in-place leases through July 2027, hardwood floors, and in-unit laundry hookups.

Riverview Apartments in Ames, Iowa

Riverview Apartments in Ames, Iowa

3500 Grand Ave, Ames, IA 50010

$2,850,000

39,180 sqft

43-unit apartment community near Iowa State University.

Multifamily Property in West Ames

Multifamily Property in West Ames

1209 Mayfield Drive, Ames, IA 50014

$2,350,000

Well-maintained multifamily property with updated units and convenient location.

Ames Multifamily Property Package

Ames Multifamily Property Package

1210 Walton Drive, Ames, IA 50014

$2,350,000

Well-maintained multifamily property in West Ames with comfortable, updated units.

Ames Iowa Student Housing Portfolio

Ames Iowa Student Housing Portfolio

626 South 16th Street, Ames, IA 50010

$4,300,000

31,307 sqft

47-unit multifamily portfolio near Iowa State University for sale.

Ranch Duplex Investment Package

Ranch Duplex Investment Package

1319 W 3rd Street, Nevada, IA 50201

$315,000

2,208 sqft

Investor package includes 18 units across 9 duplex buildings in a residentially zoned area.

Ranch Duplex Portfolio

Ranch Duplex Portfolio

106 E Walnut Street, Roland, IA 50236

$295,000

2,400 sqft

Ranch-style duplex portfolio with 18 units across nine buildings, offered as an investor package.

Duplex Income Property Portfolio

Duplex Income Property Portfolio

102 E Walnut Street, Roland, IA 50236

$295,000

2,400 sqft

Investor package includes 18 units across nine duplex buildings in Roland, Iowa.

Two-Bedroom Duplex with Private Backyard

Two-Bedroom Duplex with Private Backyard

1108-1110 Roosevelt Avenue, Ames, IA 50010

$243,500

1,722 sqft 0.14 AC lot

Solid duplex offers two bedrooms per unit, separate laundry, and outdoor space with a shared two-car garage.

Two-Family Duplex with Attached Garages

Two-Family Duplex with Attached Garages

2823-2825 Ontario Street, Ames, IA 50014

$235,000

2,374 sqft 0.33 AC lot

Updated two-unit duplex offers two 2-bedroom layouts, each with an attached garage, plus a fully renovated vacant unit.

Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Story County, IA, we suggest to view alternatives - similar 31 Off-Market properties to explore as potential leads.

Off-Market Properties in Story County, IA

Consider similar Off-Market properties in Story County, 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.

2702 Lincoln Way

HIGH-RISE APARTMENTS

2702 Lincoln Way, Ames, IA 50014-7422

$31,755,000

Estimated value

289,606 sqft 0.04 AC lot

2700 Lincoln Way

HIGH-RISE APARTMENTS

2700 Lincoln Way, Ames, IA 50014-7594

$31,755,000

Estimated value

289,606 sqft 1.77 AC lot

HIGH-RISE APARTMENTS

111 Lynn Ave, Ames, IA 50014-7191

$40,230,000

Estimated value

105,550 sqft 0.62 AC lot

MOBILE HOME PARK, TRAILER PARK

124 Riv St, Cambridge, IA 50046-7732

Value Estimation by Request

3.21 AC lot

MOBILE HOME PARK, TRAILER PARK

2279 190th St, Ames, IA 50010-9446

$1,040,000

Estimated value

11.23 AC lot

Story County, IA Multifamily Properties Market Trends and Statistics

Explore 50 multifamily properties for sale in Story County, IA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 155,637 square feet of properties for sale, with an estimated market value of $18,485,499.

Sale prices for multifamily properties in Story County, IA start at $185,000, averaging $1,155,343, and reaching up to $4,300,000 — 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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