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    Sumner, IA
    Multifamily

    Sumner, IA Multifamily Properties for Sale

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    Westgate, IA Hawkeye, IA Oelwein, IA Waucoma, IA Readlyn, IA Maynard, IA Fayette, IA Fredericksburg, IA
    Historic Mixed-Use Building
    Updated: Nov 12
    Historic Mixed-Use Building

    118 W 1St Street, Sumner, IA 50674

    $465,000
    7,448 sqft
    7,448‑square‑foot mixed‑use building constructed in 1897
    Listed on the National Register of Historic Places in 2004
    Upper residence includes three bedrooms, each with a private bath
    1,200‑square‑foot deck, stone fireplace, and elevator access upstairs
    Main level has accommodated office, retail, and restaurant uses
    View details
    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
    1 active listing matches your search: Multifamily for sale in Sumner, IA. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 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.

    Mixed-Use Retail and Apartments Building
    Mixed-Use Retail and Apartments Building

    1 S Frederick Avenue, Oelwein, IA 50662

    $179,000
    9,510 sqft

    Seven income-producing units combine upper-level apartments with retail space, including a vacant main-area opportunity.

    View details
    Updated Triplex Rental Property
    Updated Triplex Rental Property

    400 S Frederick, Oelwein, IA 50662

    $165,000
    2,589 sqft

    Fully rented three-unit property with recent updates and a 1940 construction date.

    View details
    Historic Mixed-Use Downtown Buildings
    Historic Mixed-Use Downtown Buildings

    122 & 120 E Bremer Avenue, Waverly, IA 50677

    $440,000
    0.14 AC lot

    Two adjoining brick structures combine commercial suites with six upper-level apartments.

    View details
    Class A Apartment Community
    Class A Apartment Community

    426 16th Street NW, Waverly, IA 50677

    Contact for pricing

    Turnkey 15-unit Class A building with in-unit laundry and elevator service, maintained to institutional standards.

    View details

    Off-Market Properties in Sumner, IA

    Consider similar Off-Market properties in Sumner, 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.

    Water St
    MOBILE HOME PARK, TRAILER PARK

    Water St, Sumner, IA 50674

    Estimated value:
    $210,000
    1.00 AC lot
    View details
    Sumner, IA 50674
    MOBILE HOME PARK, TRAILER PARK

    Sumner, IA 50674

    Estimated value:
    $215,000
    1.08 AC lot
    View details
    1249 Yuma Ave
    MOBILE HOME PARK, TRAILER PARK

    1249 Yuma Ave, Sumner, IA 50674-8905

    Estimated value:
    $235,000
    40.00 AC lot
    View details

    Sumner, IA Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Sumner, IA on our real estate platform. These investment opportunities span a total of 7,448 square feet of properties for sale, with an estimated market value of $465,000.

    Sale prices for multifamily properties in Sumner, IA average $465,000 — 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

    Short term rental properties 1

    Demographics Overview

    Population 3,596
    Population Growth (5Y) -3.2%
    Median Household Income $63,429
    College Educated 28.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.99%
    Property Tax per SF $20.97 per SF
    Tax Rate vs County Average 0.41 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bremer County

    New Delisted

    How Realmo verifies these figures

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