Residential Income

Bridgewater, IA Residential Income Properties for Sale

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Four- and Six-Unit Brick Apartments
Updated: Jul 28
Four- and Six-Unit Brick Apartments

206 And 212 Nw Walnut St, Bridgewater, IA 50837

$395,000
0.83 AC lot
Well‑maintained brick multifamily with 4‑unit and 6‑unit apartment complex on a 0.83‑acre lot
Unit mix includes eight 2‑bedroom units and two 1‑bedroom units
Recent upgrades: newer roofs, soffit, fascia, gutters, and 31 new windows
Property improvements include removal of five trees for improved appearance
On‑site laundry is currently offered free; potential to convert to coin‑operated or tenant‑billed utilities
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Bridgewater, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

7-Unit Apartment Building
7-Unit Apartment Building

207 NW 2nd Street, Greenfield, IA 50849

$159,900
3,611 sqft

Income-producing residential property with coin-operated laundry, updated apartments, a newer roof, and garage parking.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

210 W Montgomery Street, Creston, IA 50801

$89,900
5,600 sqft 0.07 AC lot

Brick uptown property combining a retail storefront with four upstairs apartments and a full basement.

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7-Unit Apartment Building
7-Unit Apartment Building

207 NW 2nd St, Greenfield, IA 50849

$159,900
3,611 sqft

Seven residential units include coin laundry, five long-term tenants, and recent updates to select apartments.

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Quadplex with Detached Garage
Quadplex with Detached Garage

609 W Montgomery Street, Creston, IA 50801

$99,000
3,238 sqft 0.34 AC lot

Four apartments offer one- and two-bedroom layouts in a residential multifamily setting.

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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.

Diamondhead Lake Buildable Waterfront Lot
Diamondhead Lake Buildable Waterfront Lot

8362 Lakeshore Drive, Dexter, IA 50070

$134,900
0.16 AC lot

Buildable lot with lake access in a vibrant community.

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Bridgewater, IA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Bridgewater, IA on our real estate platform.

Sale prices for residential income properties in Bridgewater, IA average $395,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 311
Population Growth (5Y) -8.8%
Median Household Income $64,318
College Educated 17.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50837 $395K

Taxes & Financing

Tax Rate (average for all types) 2.39%
Property Tax per SF $11.55 per SF
Tax Rate vs County Average 0.28 pp above county avg
Average Loan-to-Value 65.0%

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