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    Cambridge, IA
    Quadplex

    Cambridge, IA Quadplexes for Sale

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    Huxley, IA Maxwell, IA Ames, IA Nevada, IA Elkhart, IA Slater, IA Bondurant, IA Ankeny, IA
    Mixed-Use Building with Retail
    Updated: Jun 24
    Mixed-Use Building with Retail

    222 Water St, Cambridge, IA 50046

    $999,999
    6,554 sqft
    Mixed‑use property with retail space plus four residential units in one location
    Includes a studio apartment that is handicap accessible
    Three brand new 2‑bedroom apartments, each with a full bath
    Each 2‑bedroom apartment includes stainless steel appliances
    Each 2‑bedroom apartment includes in‑unit washer and dryers
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    This listing looks promising.

    Here's a quick look at some key insights for

    222 Water St, Cambridge, IA 50046

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $948K
      Suggested

    • Property Type

      Retail Stores
      Built 1890
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cambridge, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fourplex Residential Income Property
    Fourplex Residential Income Property

    1307 Florida Avenue, Ames, IA 50014

    $510,000
    4,026 sqft 0.30 AC lot

    Fourplex offering 2 fireplaces per unit and spacious kitchens with large bedroom layouts.

    View details
    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.

    View details
    Des Moines Fourplex Investment Opportunity
    Des Moines Fourplex Investment Opportunity

    1148 36th Street, Des Moines, IA 50311

    $310,000
    2,509 sqft 0.34 AC lot

    Fourplex near Drake College, ideal for investors or owner-occupants.

    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1358 22nd Street, Des Moines, IA 50311

    $99,000
    2,009 sqft 0.21 AC lot

    Four separate apartment units near Drake University, offering an investor-friendly renovation opportunity.

    View details

    Cambridge, IA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Cambridge, IA on our real estate platform. These investment opportunities span a total of 6,554 square feet of properties for sale, with an estimated market value of $999,999.

    Sale prices for four-unit buildings in Cambridge, IA average $999,999 — 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

    Quadplexes 1

    Demographics Overview

    Population 1,696
    Population Growth (5Y) +6.3%
    Median Household Income $91,944
    College Educated 45.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50046 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $25.37 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Story County

    New Delisted

    Total CRE Inventory on Market (SF)

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