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    Decorah, IA
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    Decorah, IA Residential Income Properties for Sale

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    Ossian, IA Calmar, IA Spillville, IA Waukon, IA Dorchester, IA Mabel, MN Cresco, IA Lansing, IA
    Historic Two-Story Mixed-Use Building
    Updated: Jul 23
    Historic Two-Story Mixed-Use Building

    309 E Water Street, Decorah, IA 52101

    $449,000
    0.20 AC lot
    Two‑story mixed‑use building constructed in 1874
    Upper level renovated in 2014 with a 2‑bedroom, 2‑bath living space
    Main level most recently operated as retail space
    0.2‑acre lot one block from downtown Decorah
    Attached two‑car garage, off‑street parking, and upper‑level deck
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    Renovated Duplex with Detached Garage
    Updated: Aug 30
    Renovated Duplex with Detached Garage

    601 Day Street, Decorah, IA 52101

    $359,000
    1,832 sqft
    1,832‑square‑foot duplex with 4 bedrooms and 2 bathrooms
    Updated throughout in 2024 with a new steel roof
    Furnished upper unit rented long‑term; lower unit available
    Mini‑split heating and A/C systems installed on both levels
    Detached garage and 0.11‑acre yard with 37x132 lot dimensions
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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    309 E Water Street, Decorah, IA 52101

    $449,000
    2,731 sqft

    Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Recreation Land With Cabins
    Recreation Land With Cabins

    2108 Ferris Mills Rd., Decorah, IA 52101

    Contact for pricing
    640 sqft

    Three rustic cabins support recreational and group-use possibilities near Canoe Creek and the Upper Iowa River.

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    Renovated Quadplex with Off-Street Parking
    Renovated Quadplex with Off-Street Parking

    404 Jefferson Street, Decorah, IA 52101

    $494,000

    Four-unit residential income property near downtown Decorah, with updated interiors and dedicated parking for each unit.

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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 5 Active listings in Decorah, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 3 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.

    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    125 Adams St, West Union, IA 52175

    $140,000
    2,410 sqft

    Fully rented property near downtown with separately metered electric and heat.

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    Mixed-Use Property With Apartments
    Mixed-Use Property With Apartments

    100 S Vine Street, West Union, IA 52175

    $214,900
    3,972 sqft

    Corner commercial building with ground-floor retail space and two upper-level apartments.

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    Fully Equipped Bar and Rental Units
    Fully Equipped Bar and Rental Units

    106 N Maryville Street, Calmar, IA 52132

    $299,000
    3,864 sqft

    Fully set-up bar with two upstairs rental units, including a 1-bedroom and a 2-bedroom apartment.

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    Fitness Center with Apartments
    Fitness Center with Apartments

    410 Campus Drive, Calmar, IA 52132

    $769,900
    1.46 AC lot

    Commercial-grade equipment, shower-equipped bathrooms, and four leased apartments support this operating fitness property.

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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.

    Decorah, Iowa Land Opportunity
    Decorah, Iowa Land Opportunity

    Commerce Drive, Decorah, IA 52101

    $309,900
    4.12 AC lot

    4.12-acre lot within Decorah city limits.

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    Agricultural Parcel with CRP Income
    Agricultural Parcel with CRP Income

    Middle Hesper Rd, Decorah, IA 52101

    $400,000
    31.11 AC lot

    31.11-acre parcel with pond(s), CRP acreage, and year-round access via hard-surfaced road.

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    Residential Lot in Quiet Waukon
    Residential Lot in Quiet Waukon

    306 1st St SW, Waukon, IA 52172

    $32,900

    Spacious lot ready for new home construction in Waukon, Iowa.

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    Off-Market Properties in Decorah, IA

    Consider similar Off-Market properties in Decorah, 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.

    2873 Bluffton Rd
    MOBILE HOME PARK, TRAILER PARK

    2873 Bluffton Rd, Decorah, IA 52101-7802

    Estimated value:
    $130,000
    1,216 sqft 3.40 AC lot
    View details
    212 Pulpit Rock Rd
    MOBILE HOME PARK, TRAILER PARK

    212 Pulpit Rock Rd, Decorah, IA 52101-9305

    Estimated value:
    $110,000
    0.83 AC lot
    View details
    3637 236th Ave
    MOBILE HOME PARK, TRAILER PARK

    3637 236th Ave, Decorah, IA 52101

    Estimated value:
    $235,000
    5.78 AC lot
    View details
    2633 Ravine Rd
    MOBILE HOME PARK, TRAILER PARK

    2633 Ravine Rd, Decorah, IA 52101-7736

    Estimated value:
    $145,000
    4.60 AC lot
    View details
    2678 Riv Rd
    MOBILE HOME PARK, TRAILER PARK

    2678 Riv Rd, Decorah, IA 52101-7322

    Estimated value:
    by Request
    View details
    1356 Quandahl Rd
    MOBILE HOME PARK, TRAILER PARK

    1356 Quandahl Rd, Decorah, IA 52101-7431

    Estimated value:
    $240,000
    1.67 AC lot
    View details
    Legacy Rd
    MOBILE HOME PARK, TRAILER PARK

    Legacy Rd, Decorah, IA 52101

    Estimated value:
    $220,000
    2.10 AC lot
    View details
    2361 Legacy Rd
    MOBILE HOME PARK, TRAILER PARK

    2361 Legacy Rd, Decorah, IA 52101-7797

    Estimated value:
    $220,000
    0.80 AC lot
    View details
    3629 236th Ave
    MOBILE HOME PARK, TRAILER PARK

    3629 236th Ave, Decorah, IA 52101-7897

    Estimated value:
    $240,000
    2.61 AC lot
    View details
    Decorah, IA 52101
    MOBILE HOME PARK, TRAILER PARK

    Decorah, IA 52101

    Estimated value:
    by Request
    View details
    Decorah, IA 52101
    MOBILE HOME PARK, TRAILER PARK

    Decorah, IA 52101

    Estimated value:
    $235,000
    19.50 AC lot
    View details
    Decorah, IA 52101
    MOBILE HOME PARK, TRAILER PARK

    Decorah, IA 52101

    Estimated value:
    $235,000
    5.07 AC lot
    View details

    Decorah, IA Residential Income Properties Market Trends and Statistics

    Explore 17 residential income properties for sale in Decorah, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,203 square feet of properties for sale, with an estimated market value of $1,751,000.

    Sale prices for residential income properties in Decorah, IA start at $359,000, averaging $437,750, and reaching up to $494,000 — 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
    Short term rental properties 4
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -7.7%
    Median Household Income $70,046
    College Educated 53.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    52101 $437.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.72%
    Property Tax per SF $30.36 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

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