Residential Income

Centerville, IA Residential Income Properties for Sale

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Mystic, IA Exline, IA Moulton, IA Moravia, IA Unionville, IA Seymour, IA Albia, IA Melrose, IA
6 properties
Mixed-Use Building with Apartments
Updated: Aug 10
Mixed-Use Building with Apartments

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

$385,000
0.18 AC lot
Approximately 15,040 sq. ft. of total building area
7,520 sq. ft. of main‑level commercial space
Seven apartments located above the commercial area
Business/Commercial zoning
Brick building constructed in 1890
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Brick Duplex
Updated: Jun 26
Brick Duplex

116 N Haynes Avenue, Centerville, IA 52544

$40,000
1,611 sqft
1,611‑square‑foot duplex at 116 N Haynes Avenue
Brick construction dating to 1900
Baseboard heating system
Public sewer service
Owner currently covers water and trash expenses
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Stucco Duplex
Stucco Duplex

404 N 10TH Street, Centerville, IA 52544

$40,000
1,928 sqft

Two-unit property with baseboard heating and public sewer.

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Two-Unit Duplex Property
Two-Unit Duplex Property

404 N 10TH Street, Centerville, IA 52544

Contact for pricing
1,928 sqft

Owner currently pays water and trash expenses for the property.

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Land, Centerville, IA
Land, Centerville, IA

23701 260Th Avenue, Centerville, IA 52544

$245,000
6.70 AC lot

Hunting land · 6.70 Acres

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Remodeled Duplex with Off-Street Parking
Remodeled Duplex with Off-Street Parking

301 E Walsh Street, Centerville, IA 52544

$69,900
1,904 sqft 0.10 AC lot

Two three-bedroom units offer on-site laundry, public water service, and separate occupancy options.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 6 Active listings in Centerville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

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

402 Richmond Ave, Ottumwa, IA 52501

$165,000
2,200 sqft

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

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

402 Richmond Street, Ottumwa, IA 52501

$165,000
2,200 sqft

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

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Mixed-Use Buildings with Apartments
Mixed-Use Buildings with Apartments

104 & 106 W Jefferson Street, Bloomfield, IA 52537

$175,000
0.14 AC lot

Two brick commercial buildings combine vacant ground-floor space with renovated, fully occupied apartments above.

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

108 S Madison Street, Bloomfield, IA 52537

$290,000
0.09 AC lot

Brick commercial building with retail space, two upstairs apartments, and a state-inspected kitchen.

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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 Land in Centerville, Iowa
Residential Land in Centerville, Iowa

536 N 3rd Street, Centerville, IA 52544

Contact for pricing
0.67 AC lot

Four lots for sale in Centerville, with city utilities.

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Residential Lot in Country View
Residential Lot in Country View

19542 205th Ave, Centerville, IA 52544

$49,900
1.87 AC lot

1.87-acre lot in desirable Country View Addition.

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Residential Land Near Rathbun Lake
Residential Land Near Rathbun Lake

NKA, Centerville, IA 52544

$85,000
3.70 AC lot

4 acre residential lot near Rathbun Lake in Centerville, Iowa.

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Residential Land with Scenic Views
Residential Land with Scenic Views

NKA, Centerville, IA 52544

$65,000
2.30 AC lot

2.3-acre residential lot with timber and valley views near Centerville.

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Off-Market Properties in Centerville, IA

Consider similar Off-Market properties in Centerville, 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.

901 Washington St
MOBILE HOME PARK, TRAILER PARK

901 Washington St, Centerville, IA 52544-1540

Estimated value:
$215,000
8.20 AC lot
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900 Grn St
MOBILE HOME PARK, TRAILER PARK

900 Grn St, Centerville, IA 52544-3101

Estimated value:
$230,000
2.90 AC lot
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Centerville, IA 52544
MOBILE HOME PARK, TRAILER PARK

Centerville, IA 52544

Estimated value:
$235,000
1.00 AC lot
View details
18th
MOBILE HOME PARK, TRAILER PARK

18th, Centerville, IA 52544

Estimated value:
$245,000
1.70 AC lot
View details

Centerville, IA Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Centerville, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,371 square feet of properties for sale, with an estimated market value of $779,900.

Sale prices for residential income properties in Centerville, IA start at $40,000, averaging $155,980, and reaching up to $385,000 — 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 5
Duplexes 4
Apartment buildings 1

Demographics Overview

Population 8,110
Population Growth (5Y) +10.1%
Median Household Income $45,257
College Educated 23.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52544 $156K

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $41.17 per SF
Tax Rate vs County Average 0.31 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Appanoose County

New Delisted

Total CRE Inventory on Market (SF)

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