Residential Income

Boone, IA Residential Income Properties for Sale

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Ogden, IA Pilot Mound, IA Luther, IA Ames, IA Madrid, IA Woodward, IA Gilbert, IA Berkley, IA
6 properties
Downtown Mixed-Use Quadplex
Updated: Jun 2
Downtown Mixed-Use Quadplex

1026 8th Street, Boone, IA 50036

$119,900
3,125 sqft 0.07 AC lot
4‑unit building with 3 upstairs apartments and 1 main‑floor unit
Main‑floor commercial space with 2 entry doors; could be divided into 2 spaces
Back main‑floor unit includes its own exterior entrance and deck
Parking area at the rear of the building
Construction materials: concrete; flat roof
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Well-Kept Boone Investment Property
Updated: May 12
Well-Kept Boone Investment Property

316 Boone Street, Boone, IA 50036

$225,000
3,269 sqft 0.25 AC lot
Investment property with long‑term tenants
Close proximity to downtown
Multiple updates including partial roof replacement and new furnace
Features hardwood floors
Spacious front porch
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Well-Maintained Triplex with Garage
Well-Maintained Triplex with Garage

527 Boone Street, Boone, IA 50036

$205,000
2,024 sqft 0.14 AC lot

A residential triplex with updated exterior improvements, full basement with coin-operated laundry, and off-street parking.

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Boone Iowa Apartment Community
Boone Iowa Apartment Community

1104 8th St, Boone, IA 50036

Contact for pricing
42,122 sqft

57-unit apartment community in Boone, Iowa, near Iowa State.

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Seven-Unit Apartment Community with Garages
Seven-Unit Apartment Community with Garages

823 Doran Drive, Boone, IA 50036

$425,000

Small multifamily in Boone offers studio and 1–2 bedroom units plus detached garages and surface parking.

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Duplex with Two Separate Entries
Duplex with Two Separate Entries

1116 Harrison Street, Boone, IA 50036

$179,900
1,742 sqft

Duplex offering two kitchens, two bedrooms in the lower unit, and one bedroom with a private upper entry.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 6 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

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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.

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Remodeled Triplex Cottages
Remodeled Triplex Cottages

212 N Main Street, Woodward, IA 50276

$169,500
0.28 AC lot

Remodeled 1- and 2-bedroom cottages with tenant-paid utilities for a straightforward residential income setup.

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Mixed-Use Laundromat and Apartments
Mixed-Use Laundromat and Apartments

115 S Main St, Woodward, IA 50276

$223,000

Income-focused mixed-use property combining a commercial laundromat with five rental units.

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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 Lot Overlooking Golf Course
Residential Lot Overlooking Golf Course

1615 Hancock Drive, Boone, IA 50036

$89,900
0.33 AC lot

0.33-acre residential lot with golf course views in Boone, Iowa.

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Ames, IA 1.33 Acre Lot
Ames, IA 1.33 Acre Lot

50157 Prairie Point Court, Ames, IA 50014

$135,000
1.33 AC lot

Expansive 1.33 acre lot for a new home.

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Residential Lot in Prairie Valley
Residential Lot in Prairie Valley

50094 Prairie Point Court, Ames, IA 50014

$135,000
0.63 AC lot

Build your dream home in a premier residential development.

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Residential Land in Prairie Valley
Residential Land in Prairie Valley

50134 Prairie Point Court, Ames, IA 50014

$95,000
0.64 AC lot

Build your dream home in a premier residential development.

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Off-Market Properties in Boone, IA

Consider similar Off-Market properties in Boone, 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.

2028 Mamie Eisenhower Ave
MOBILE HOME PARK, TRAILER PARK

2028 Mamie Eisenhower Ave, Boone, IA 50036-4433

Value Estimation by Request
4.28 AC lot
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1901 1st St
MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Value Estimation by Request
6.38 AC lot
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1901 1st St
MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Value Estimation by Request
0.69 AC lot
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1901 1st St
MOBILE HOME PARK, TRAILER PARK

1901 1st St, Boone, IA 50036-4440

Value Estimation by Request
3.13 AC lot
View details
Boone, IA 50036
MOBILE HOME PARK, TRAILER PARK

Boone, IA 50036

Value Estimation by Request
5.35 AC lot
View details

Boone, IA Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Boone, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 52,282 square feet of properties for sale, with an estimated market value of $1,154,800.

Sale prices for residential income properties in Boone, IA start at $119,900, averaging $230,960, and reaching up to $425,000 — 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 7
Apartment buildings 4
Duplexes 1
Quadplexes 1
Triplexes 1

Demographics Overview

Population 16K
Population Growth (5Y) -0.8%
Median Household Income $74,107
College Educated 9.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50036 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $27.84 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Boone County

New Delisted

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