Residential Income

Cherokee, IA Residential Income Properties for Sale

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Quimby, IA Alta, IA Marcus, IA Sutherland, IA Holstein, IA Paullina, IA Storm Lake, IA Peterson, IA
Renovated Duplex with Garage
Updated: Sep 15, 2025
Renovated Duplex with Garage

222 & 224 W Elm Street, Cherokee, IA 51012

$140,000
1,952 sqft 0.11 AC lot
1,952 SF duplex with one unit on the main floor and one on the second floor
Main unit includes eat‑in kitchen, dining room, living room, bedroom, and full bath
Second unit has kitchen, living room, bedroom, bath, plus a possible bedroom or den
New roof, siding, windows, and majority of flooring
Three‑car garage with shop area and alley access
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cherokee, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Six-Unit Apartment Building
Six-Unit Apartment Building

416 Michigan, Storm Lake, IA 50588

$260,000
5,015 sqft 0.17 AC lot

Fully occupied residential property with one- and two-bedroom units, shared basement laundry, and exterior tenant parking.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

718 SENECA ST, Storm Lake, IA 50588

$167,000
2,488 sqft 0.14 AC lot

Two residential units offer distinct layouts, recent property upgrades, and proximity to shopping and everyday services.

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4-Unit Quadplex with Private Garages
4-Unit Quadplex with Private Garages

802 Valley View Drive, Ida Grove, IA 51445

$425,000
0.72 AC lot

Quadplex in Ida Grove with 2-bedroom, 1.5-bath units, each with its own garage stall and basement.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

200 King Street, Ida Grove, IA 51445

Contact for pricing

Two-unit residential income property with separate garages or carports for each unit.

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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

$85,000
2.31 AC lot

Development opportunity in the heart of Kingsley, Iowa.

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Residential Building Site with City Utilities
Residential Building Site with City Utilities

Tucker Hill Dr, Hinton, IA 51024

$148,000
1.30 AC lot

Build in a high, view-focused residential setting served by City of Hinton utilities on a combined parcel.

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Acreage Development Land
Acreage Development Land

Old Hwy 141, Sergeant Bluff, IA 51054

$2,628,250
105.13 AC lot

105.13 acres are positioned east of Sioux City, offering subdivision potential for large-lot residential development.

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Golf Course Buildable Lot
Golf Course Buildable Lot

6310 Tiger Drive, Lot 5, Sioux City, IA 51106

$115,000
0.68 AC lot

Build on a walkout-ready lot with southerly exposure overlooking Hole No. 14 of Whispering Creek Golf Course.

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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. These investment opportunities span a total of 1,952 square feet of properties for sale, with an estimated market value of $140,000.

Sale prices for residential income properties in Cherokee, IA average $140,000 — 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

Duplexes 1
Multifamily properties 1

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 $140K

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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