Gowrie, IA Residential income properties for sale

Well-Maintained Multifamily Investment Opportunity

$459,900

9,214 SF

Well-Maintained Multifamily Investment Opportunity

1806 Main St, Gowrie, IA 50543

Eleven-unit multifamily property with income potential in Gowrie, Iowa.

High occupancy rate (90.9%) with steady income from 10 leased units.
Immediate upside potential with the 11th unit under remodel for market‑rate re‑rental.
Attractive 8.35% cap rate at the asking price of $459,900.
Low‑maintenance cash flow in a quiet community.
Additional income potential by converting the community room into a 12th unit (subject to approvals).

Updated: Mar 2

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$464,900

9,214 SF

Well-Maintained Multifamily Investment Opportunity

1806 Main St, Gowrie, IA 50543

Eleven-unit property in excellent condition with strong income potential.

High occupancy rate: 9 out of 11 units are currently rented, providing immediate income.
Well‑maintained property: The 11‑unit building is in excellent condition, suggesting low maintenance costs.
Mix of unit types: Features 10 one‑bedroom units and 1 two‑bedroom unit, catering to a broader tenant base.
Ample parking: 17 designated parking spots accommodate residents and guests.
On‑site amenities: Includes a laundry facility, storage/conference room, community room, and public restroom.

Updated: Feb 17

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Gowrie, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

$65,000

901 SF

Fort Dodge Home with Garage

Well-maintained home with new roof and detached garage.

804 Northrup Dr, Fort Dodge, IA 50501

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Fort Dodge Multifamily Investment Property

$174,900

2,412 SF

Fort Dodge Multifamily Investment Property

Fully leased investment property generating nearly $2,000 monthly profit.

308 S 8Th St, Fort Dodge, IA 50501

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Commercial Building in High Traffic Area

$225,000

4,000 SF

Commercial Building in High Traffic Area

4000 SF commercial building with apartment and car hoist.

1545 W 2Nd St, Webster City, IA 50595

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$225,000

0.34 Acres

Commercial Building with Apartment

Spacious commercial building with apartment in high-traffic area.

1545 W 2Nd St, Webster City, IA 50595

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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.

$269,900

3,117 SF

Gowrie, Iowa 3.5 Acre Property

3.5 acre property with heated outbuildings and highway access.

815 County Rd S, Gowrie, IA 50543

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Gowrie, IA Residential Income Properties Investment Opportunities Market Analysis

Explore 2 residential income properties for sale in Gowrie, IA on our real estate platform. These investment opportunities span a total of 99,317 square feet of properties for sale, with an estimated market value of $924,800.

Sale prices for residential income properties in Gowrie, IA start at $459,900, averaging $462,400, and reaching up to $464,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Gowrie, IA Residential Income Properties for Sale

Well-Maintained Multifamily Investment Opportunity

Eleven-unit multifamily property with income potential in Gowrie, Iowa.

Well-Maintained Multifamily Investment Opportunity

Eleven-unit property in excellent condition with strong income potential.