Residential Income

Cherokee, IA Residential Income Properties for Sale

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Aurelia, IA Alta, IA Sutherland, IA Holstein, IA Paullina, IA Storm Lake, IA Lakeside, IA Schaller, IA
Mixed-Use Building with Apartments
Updated: Sep 18
Mixed-Use Building with Apartments

115 E Main Street, Cherokee, IA 51012

$190,000
0.07 AC lot
Two ground‑floor commercial spaces are leased
Three apartments are located above the commercial spaces
Built in 1919 on a 0.07‑acre site
Located at 115 E Main Street in Cherokee
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1 active listing matches your search: Residential Income for sale in Cherokee, IA. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 land listings with development potential.

Opportunities in Nearby Cities

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

4-Unit Residential Income Property
4-Unit Residential Income Property

107 SENECA ST, Storm Lake, IA 50588

$230,000
3,537 sqft 0.20 AC lot

Separate utilities serve each residence, with three units currently rented.

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7-Bedroom Duplex
7-Bedroom Duplex

718 SENECA ST, Storm Lake, IA 50588

$167,000
2,488 sqft 0.14 AC lot

Two separately arranged residences are currently occupied by seasonal workers and use hot-water heating.

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Updated Multifamily Apartment Buildings
Updated Multifamily Apartment Buildings

100 E 1St Avenue, Arthur, IA 51431

$474,900
0.91 AC lot

Two-building apartment property with a mix of one- and two-bedroom units, including five remodeled residences.

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11-Unit Apartment Buildings
11-Unit Apartment Buildings

100 E 1St Avenue, Arthur, IA 51431

Contact for pricing
7,242 sqft 0.78 AC lot

Two apartment buildings include remodeled units and off-street parking.

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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.

Land in Kingsley, Iowa
Land in Kingsley, Iowa

Brides Circle Dr, Kingsley, IA 51028

$75,000
2.31 AC lot

Development opportunity in the heart of Kingsley, Iowa.

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Ready-to-Build Residential Lot
Ready-to-Build Residential Lot

Oyens, 51045

$9,500,000

Circular-shaped residential lot in a gated enclave, positioned for panoramic views with construction readiness.

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Ready-to-Build Gated Community Lot
Ready-to-Build Gated Community Lot

Oyens, 51045

$11,500,000

Buildable lot within a gated enclave of ten properties in LARES, La Asunción, Donato Guerra.

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Cherokee, IA Residential Income Properties Market Trends and Statistics

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

Sale prices for residential investment properties in Cherokee, IA average $190,000 — 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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Demographics Overview

Population 6,313
Population Growth (5Y) -1.1%
Median Household Income $56,964
College Educated 28.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
51012 $190K

Taxes & Financing

Tax Rate (average for all types) 2.31%
Property Tax per SF $31.81 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

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