Residential Income

Albia, IA Residential Income Properties for Sale

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Lovilia, IA Blakesburg, IA Moravia, IA Bussey, IA Ottumwa, IA Mystic, IA Unionville, IA Centerville, IA
Updated Two-Unit Duplex
Updated: Oct 13
Updated Two-Unit Duplex

420-422 S 12th Street, Albia, IA 52531

$169,000
1,488 sqft
Two units, each with 2 bedrooms and 2 bathrooms
1,488 square feet total
Separate laundry room in each residence
Private rear deck for each unit; each also has half of the outdoor storage shed
Roof, furnaces, AC units, windows, electrical, and water heaters updated approximately 6 years ago
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4-Unit Quadplex with Courtyard
Updated: Jun 5
4-Unit Quadplex with Courtyard

18 S 5Th Street, Albia, IA 52531

$235,000
5,208 sqft
Four units: two 3‑bedroom, 1‑bath apartments and two 2‑bedroom, 1‑bath apartments
5,208 square feet; built in 1974
Washer and dryer provided in each unit
Fully occupied
Off‑street parking and shared courtyard with basketball hoop and picnic table
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2 active listings match your search: Residential Income for sale in Albia, IA. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Three-Unit Mixed-Use Building
Three-Unit Mixed-Use Building

402 Richmond Ave, Ottumwa, IA 52501

$149,000
2,200 sqft

Mixed-use configuration includes apartments, office areas, and a kitchenette within one commercial property.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

312 & 316 N 12th Street, Centerville, IA 52544

$385,000
0.18 AC lot

Brick construction combines commercial space with upper-level residential units.

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Stucco Duplex
Stucco Duplex

404 N 10TH Street, Centerville, IA 52544

Contact for pricing
1,928 sqft

This duplex features baseboard heating and access to public sewer service.

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3-Unit Mixed-Use Property
3-Unit Mixed-Use Property

402 Richmond Street, Ottumwa, IA 52501

$149,000
2,200 sqft

Three-unit building combines residential apartments with office and kitchenette space in a flexible commercial layout.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Country View Estates
Residential Land in Country View Estates

Benton Avenue E Lot 17, Albia, IA 52531

$37,000
0.42 AC lot

Residential lots with utilities near Albia Golf Course.

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Residential Land in Country View Estates
Residential Land in Country View Estates

Benton Avenue E Lot 23, Albia, IA 52531

$31,000
0.41 AC lot

Residential lots with utilities near Albia Golf Course.

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Residential Lots in Country View
Residential Lots in Country View

Benton Avenue E Lot 21, Albia, IA 52531

$33,000
0.30 AC lot

Residential lots available in new Albia development with utilities.

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Residential Land in Country View Estates
Residential Land in Country View Estates

Benton Avenue Lot 13, Albia, IA 52531

$36,000
0.48 AC lot

Residential lots with utilities near Albia Golf Course.

View details

Albia, IA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Albia, IA on our real estate platform. These investment opportunities span a total of 6,696 square feet of properties for sale, with an estimated market value of $404,000.

Sale prices for residential investment properties in Albia, IA start at $169,000, averaging $202,000, and reaching up to $235,000 — 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

Multifamily properties 2
Duplexes 1
Quadplexes 1

Demographics Overview

Population 5,885
Population Growth (5Y) -1.6%
Median Household Income $74,081
College Educated 26.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52531 $202K

Taxes & Financing

Tax Rate (average for all types) 2.40%
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

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