Advertise
    Cambridge, IA
    Residential Income

    Cambridge, IA Residential Income Properties for Sale

    Notify Me
    List
    Map
    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
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    222 Water St, Cambridge, IA 50046

    View Property Analytics

    • 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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Cambridge, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Turnkey 8-Plex Rental Property
    Turnkey 8-Plex Rental Property

    215 Jewel Drive, Ames, IA 50010

    $995,000
    8,267 sqft 0.57 AC lot

    Well-maintained 8-unit multifamily building with multiple two- to four-bedroom layouts and two full baths per unit.

    View details
    Ranch Duplex Investment Package
    Ranch Duplex Investment Package

    1319 W 3rd Street, Nevada, IA 50201

    $315,000
    2,208 sqft

    Investor package includes 18 units across 9 duplex buildings in a residentially zoned area.

    View details
    Nevada Iowa Multifamily Investment
    Nevada Iowa Multifamily Investment

    1521 S G Avenue, Nevada, IA 50201

    $2,100,000
    16,594 sqft 2.05 AC lot

    Turnkey, renovated 33-unit apartment complex in Nevada, Iowa.

    View details
    Downtown 3-Unit Residential Income
    Downtown 3-Unit Residential Income

    611 Kellogg Avenue, Ames, IA 50010

    $289,000
    2,800 sqft

    Three fully updated units include on-site laundry and 18 rear parking spaces with alley access.

    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 Blue Sky Estates
    Residential Land in Blue Sky Estates

    1416 Trail Creek Road, Huxley, IA 50124

    $175,000
    0.98 AC lot

    Land for sale in Huxley's Blue Sky Estates development.

    View details
    Residential Land in Huxley, Iowa
    Residential Land in Huxley, Iowa

    417 Westwood Drive, Huxley, IA 50124

    $85,000
    0.38 AC lot

    Home lots in a thriving Central Iowa community.

    View details
    Residential Land in Huxley, Iowa
    Residential Land in Huxley, Iowa

    935 Wild Oak Drive, Huxley, IA 50124

    $95,000
    0.31 AC lot

    Residential land for custom home, convenient location near amenities.

    View details
    Residential Land in Growing Community
    Residential Land in Growing Community

    537 Westwood Drive, Huxley, IA 50124

    $94,000
    0.39 AC lot

    Home lots in thriving Central Iowa community, bring your own builder.

    View details

    Off-Market Properties in Cambridge, IA

    Consider similar Off-Market properties in Cambridge, 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.

    124 Riv St
    MOBILE HOME PARK, TRAILER PARK

    124 Riv St, Cambridge, IA 50046-7732

    Value Estimation by Request
    3.21 AC lot
    View details

    Cambridge, IA Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties 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 residential income properties 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1
    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Cambridge, IA

    Popular Categories

    Most Searched ZIP Codes in Cambridge, IA

    • 50046

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!