Multifamily

Wellman, IA Multifamily Properties for Sale

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Multifamily Property with Farmhouse and Mobile Home
Updated: Apr 11
Multifamily Property with Farmhouse and Mobile Home

1628 & 1650 Dogwood Ave, Wellman, IA 52356

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3.00 AC lot
Two residences on 3 acres: a 4‑bedroom farmhouse and a 3‑bedroom mobile home
Farmhouse includes 2½ bathrooms, attached 2‑car garage, hardwood floors, and walk‑up attic storage
Mobile home features 2 bathrooms, a 2‑car attached garage, fireplace, whirlpool bathtub, and partial basement
Separate septic systems, LP tanks, electric meters, and driveways serve the two residences
Large barn with metal roof and usable upper‑level haymow
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Wellman, 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 With Four-Car Garage
Duplex With Four-Car Garage

106-108 S Avenue B, Washington, IA 52353

$129,000
1,874 sqft

Two leased units and a detached garage create a flexible income-property configuration.

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Remodeled Quadplex
Remodeled Quadplex

105 1/2 W Washington St, Sigourney, IA 52591

$295,000
3,498 sqft

Loft-style apartments offer updated finishes, included appliances, accessibility equipment, and off-street tenant parking.

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Showroom and Warehouse Building
Showroom and Warehouse Building

106 E Washington St, Sigourney, IA 52591

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Updated showroom and warehouse space with two rental apartments, each with in-unit laundry and kitchen appliances.

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Vacant Duplex with Updated Interiors
Vacant Duplex with Updated Interiors

620 N Marion Ave, Washington, IA 52353

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Two residential units feature separate gas and electric metering, with water service paid by the owner.

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Off-Market Properties in Wellman, IA

Consider similar Off-Market properties in Wellman, 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.

1002 2nd St
MOBILE HOME PARK, TRAILER PARK

1002 2nd St, Wellman, IA 52356-9705

$230,000
Estimated value
4.36 AC lot
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Wellman, IA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Wellman, IA on our real estate platform.

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Demographics Overview

Population 2,754
Population Growth (5Y) +2.3%
Median Household Income $54,659
College Educated 21.9%

Taxes & Financing

Tax Rate (average for all types) 2.11%
Property Tax per SF $21.01 per SF
Tax Rate vs County Average 0.61 pp below county avg
Average Loan-to-Value 65.0%

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