Boone, IA Residential income properties for sale

Updated: Nov 2

Duplex with Recent Improvements

420/424 Mamie Eisenhower Avenue, Boone, IA 50036

$260,000

2,240 sqft 0.23 AC lot

Two‑unit duplex with one unit currently rented
2,240 square feet on a 0.23‑acre lot
2022 work included water heaters, flue liners, PEX plumbing, and basement windows
Unit #420 received flooring and carpet in 2021
Unit #420 had dining‑room and bathroom updates plus stairway work in 2023

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Updated: Oct 30

Duplex with Updated Interiors

424 Mamie Eisenhower Avenue, Boone, IA 50036

$260,000

2,240 sqft 0.23 AC lot

Two‑unit property with one apartment rented
2,240 square feet on a 0.23‑acre lot
Residential zoning in Boone, IA
Built in 1920; stucco construction
Central air and forced‑air heating; public water and sewer

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Duplex with Recent Improvements

420/424 Mamie Eisenhower Avenue, Boone, IA 50036

$260,000

2,240 sqft 0.23 AC lot

One of the two residences is currently occupied, and both have received interior updates.

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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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Triplex with Detached Garage

527 Boone Street, Boone, IA 50036

$195,000

2,024 sqft 0.14 AC lot

Three-unit property with central air, basement laundry, updated exterior components, and off-street parking.

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Five-Unit Apartment Building

316 Boone Street, Boone, IA 50036

$225,000

3,269 sqft 0.25 AC lot

Multifamily property with refreshed interiors, a spacious front porch, and public water and sewer service.

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6 active listings match your search: Residential Income for sale in Boone, IA. Based on your search, we've also compiled 13 Potential Opportunities for your consideration: 4 properties in nearby cities, 5 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

4-Unit Brick Apartment Building

1307 Florida Avenue, Ames, IA 50014

$510,000

4,026 sqft 0.30 AC lot

Each residence includes two fireplaces, double bathroom sinks, and an in-unit washer and dryer.

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39-Unit Apartment Community

4733 Toronto Street, Ames, IA 50014

$3,000,000

The property offers one- and three-bedroom layouts, with roof and select interior and mechanical upgrades completed.

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Remodeled Triplex with Cottage Units

212 N Main Street, Woodward, IA 50276

$169,500

0.28 AC lot

Three remodeled residences provide a compact multifamily layout with one two-bedroom unit and two one-bedroom units.

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Three-Cottage Multifamily Property

212 N Main Street, Woodward, IA 50276

$169,500

Remodeled cottages offer one- and two-bedroom layouts, with tenants responsible for utilities.

$95,000

0.74 AC lot

Estimated value:

$270,000

5.35 AC lot

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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 54,135 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale prices for residential investment properties in Boone, IA start at $195,000, averaging $240,000, and reaching up to $260,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
50036	$210K

Neighborhood

Average Price

50036

$210K

Featured Boone Real Estate Agencies

Realmo connects you with licensed Boone CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Nerem & Associates Real Estate & Insurance

1215 SE Marshall St. Boone, IA 50036

Phone: (515) 432-5650