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    Clear Lake, IA Residential Income Properties for Sale

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    Ventura, IA Mason City, IA Garner, IA
    Remodeled Duplex Near Clear Lake
    $450,000
    2,818 SF

    Remodeled Duplex Near Clear Lake

    11 Sunset View Drive, Clear Lake, IA 50428

    Turnkey duplex near Clear Lake's entertainment and downtown district.

    • Remodeled duplex in turnkey condition, ideal for investment or owner‑occupancy.
    • Prime location: Steps from Clear Lake, Surf Ballroom, and Music Enrichment Center.
    • Close proximity to downtown Clear Lake's shopping, dining, and entertainment.
    • Features beautiful cabinetry and solid surface countertops.
    • Constructed with durable metal siding.
    Updated: Feb 13
    View details
    Clear Lake Kennel and Home
    $499,900
    3,136 SF

    Clear Lake Kennel and Home

    815 N 40th St, Clear Lake, IA 50428

    Acreage with kennel, home, and apartment near town.

    • Fully equipped and licensed‑eligible kennel with 24 large, 8 medium indoor/outdoor kennels, 4 private suites, all heated/AC, and included equipment.
    • Geothermal heating and cooling system for the home.
    • Acreage with a picturesque setting on a beautiful pond and gorgeous views.
    • Ranch‑style home with a newer kitchen featuring quartz countertops, amazing island, and included appliances.
    • Finished walk‑out lower level with 2 additional bedrooms, office, family room, and newly completed epoxy flooring (transferable warranty).
    Updated: Oct 21, 2025
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    Well-Maintained Duplex Near Downtown
    $210,000
    1,456 SF

    Well-Maintained Duplex Near Downtown

    Manageable duplex near downtown Clear Lake, ideal for investors.

    704 8th Avenue N, Clear Lake, IA 50428
    View details
    Based on your search, we've compiled 99 Potential Opportunities for your consideration. Besides 3 Active listings in Clear Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 88 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.

    Brick Duplex with Income Potential
    $170,000
    4,536 SF

    Brick Duplex with Income Potential

    Classic duplex in Mason City with strong income potential.

    25-27 6th Street NW, Mason City, IA 50401
    View details
    Bowling Alley, Restaurant, and Apartment
    $300,000
    10,960 SF

    Bowling Alley, Restaurant, and Apartment

    Established bowling alley, restaurant/bar, and apartment for sale.

    3689 Highway 218, Osage, IA 50461
    View details
    Floral and Gift Storefront
    $250,000
    0.07 Acres

    Floral and Gift Storefront

    Established floral and gift store with renovated apartment.

    530 Main Street, Osage, IA 50461
    View details
    Top-Floor Condo with Skylights
    $185,000
    1,254 SF

    Top-Floor Condo with Skylights

    Spacious condo with open floor plan, skylights, and sunroom.

    2045 Hunters Ridge Drive 204, Mason City, IA 50401
    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.

    Vacant Residential Lot, Clear Lake
    $80,000

    Vacant Residential Lot, Clear Lake

    Residential vacant land available in Clear Lake, Iowa.

    809 N 9th St, Clear Lake, IA 50428
    View details
    24.22 Acres Residential Land
    $1,700,000
    24.22 Acres

    24.22 Acres Residential Land

    Prime residential land near golf course and Clear Lake.

    S 27th Ave & South 8th St, Clear Lake, IA 50428
    View details
    19.32 Acres Vacant Land
    $299,700
    19.32 Acres

    19.32 Acres Vacant Land

    19.32 acres of vacant land in Mason City, Iowa.

    2048 12th NE, Mason City, IA 50401
    View details
    Ridge Stone Golf Club Lots
    Contact for pricing
    0.37 Acres

    Ridge Stone Golf Club Lots

    Residential lots at Ridge Stone Golf Club in Sheffield, Iowa.

    602 Claydigger Run, Sheffield, IA 50475
    View details

    Off-Market Properties in Clear Lake, IA

    Consider similar Off-Market properties in Clear Lake, 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.

    2400 Shr Dr Lot, Unit 4

    2400 Shr Dr Lot, Unit 4

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    706 10th N Ave

    706 10th N Ave

    MOBILE HOME PARK, TRAILER PARK • 4.93 Acres
    Value Estimation by Request
    706 10th N Ave, Clear Lake, IA 50428-1472
    View details
    2400 Shr Dr Lot, Unit 23

    2400 Shr Dr Lot, Unit 23

    MOBILE HOME PARK, TRAILER PARK • 784 SF
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2848
    View details
    3001 Willow Crk Ct

    3001 Willow Crk Ct

    MOBILE HOME PARK, TRAILER PARK • 38.50 Acres
    Value Estimation by Request
    3001 Willow Crk Ct, Clear Lake, IA 50428
    View details
    2400 Shr Dr Lot A

    2400 Shr Dr Lot A

    MOBILE HOME PARK, TRAILER PARK • 0.12 Acres
    Value Estimation by Request
    2400 Shr Dr Lot A, Clear Lake, IA 50428-2842
    View details
    5851 Shr Dr

    5851 Shr Dr

    MOBILE HOME PARK, TRAILER PARK • 1.56 Acres
    Value Estimation by Request
    5851 Shr Dr, Clear Lake, IA 50428-9136
    View details
    2400 Shr Dr Lot C

    2400 Shr Dr Lot C

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot C, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot B

    2400 Shr Dr Lot B

    MOBILE HOME PARK, TRAILER PARK • 0.10 Acres
    Value Estimation by Request
    2400 Shr Dr Lot B, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr E E Lot

    2400 Shr Dr E E Lot

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr E E Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot D

    2400 Shr Dr Lot D

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot D, Clear Lake, IA 50428-2842
    View details
    1200 10th N Ave

    1200 10th N Ave

    MOBILE HOME PARK, TRAILER PARK • 9.45 Acres
    Value Estimation by Request
    1200 10th N Ave, Clear Lake, IA 50428-2071
    View details
    2400 Shr Dr Lot, Unit 9

    2400 Shr Dr Lot, Unit 9

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 8

    2400 Shr Dr Lot, Unit 8

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 7

    2400 Shr Dr Lot, Unit 7

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 6

    2400 Shr Dr Lot, Unit 6

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2842
    View details
    2400 Shr Dr Lot, Unit 56

    2400 Shr Dr Lot, Unit 56

    MOBILE HOME PARK, TRAILER PARK • 0.08 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 55

    2400 Shr Dr Lot, Unit 55

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 54

    2400 Shr Dr Lot, Unit 54

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 53

    2400 Shr Dr Lot, Unit 53

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 52

    2400 Shr Dr Lot, Unit 52

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details
    2400 Shr Dr Lot, Unit 51

    2400 Shr Dr Lot, Unit 51

    MOBILE HOME PARK, TRAILER PARK • 0.11 Acres
    Value Estimation by Request
    2400 Shr Dr Lot, Clear Lake, IA 50428-2850
    View details

    Clear Lake, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 91 residential income properties for sale in Clear Lake, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,410 square feet of properties for sale, with an estimated market value of $1,159,900.

    Sale prices for residential income properties in Clear Lake, IA start at $210,000, averaging $386,633, and reaching up to $499,900 — 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
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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Clear Lake.

    Top Commercial Asset Segments

    Duplexes 2
    Multifamily properties 2

    Demographics Overview

    Population 9,093
    Population Growth (5Y) -2.6%
    Median Household Income $72,932
    College Educated 43.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Clear Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    50428 $386.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $22.31 per sq ft
    Tax Rate vs County Average 0.31 pp below county avg
    Average Loan-to-Value 65.0%

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