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Johnston, IA

Residential Income

Johnston, IA Residential Income Properties for Sale

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Urbandale, IA Des Moines, IA Ankeny, IA Grimes, IA Polk City, IA Windsor Heights, IA Clive, IA Pleasant Hill, IA

Residential Acreage Development Parcel

Updated: May 14

Residential Acreage Development Parcel

9800 NW 68th Avenue, Johnston, IA 50131

$1,050,000

10.52 AC lot

10+ acre parcel in Johnston with a 1922 farmhouse plus detached garage and additional outbuilding
Water available from well and public; sewer is a septic tank
Mature trees and rolling ground with scenic pond views
Near Johnston High School (minutes away)
Potential future access from NW 68th Avenue and/or NW 98th Street (buyer to verify)

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

Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 1 Active listings in Johnston, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 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.

Duplex with Individual Garages

Duplex with Individual Garages

309 Tyler Street, Polk City, IA 50226

$279,900

1,848 sqft 0.39 AC lot

Occupied two-unit property with two-bedroom layouts, private garages, and separately paid utilities.

Two-Bedroom Duplex with Garages

Two-Bedroom Duplex with Garages

309 Tyler St, Polk City, IA 50226

$279,900

964 sqft

Two-unit residential income property with separate garages and tenant-paid utilities, water, and trash service.

11-Unit Apartment Building

11-Unit Apartment Building

4671 Northwest 50th Street, Des Moines, IA 50310

$675,000

Well-kept 11-unit apartment building built in 1969 and renovated in 2025 with individual heating and central A/C.

Former Office Building with Theater

Former Office Building with Theater

3850 Merle Hay Rd, Des Moines, IA 50310

Contact for pricing

67,325 sqft

Former office building with attached theater, suitable for redevelopment.

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.

Residential Land in Wooded Setting

Residential Land in Wooded Setting

6910 NW 88th Street, Johnston, IA 50131

$145,000

0.42 AC lot

Residential land for sale in a scenic, convenient Johnston location.

Residential Land in Johnston, Iowa

Residential Land in Johnston, Iowa

6914 NW 88th Street, Johnston, IA 50131

$145,000

0.32 AC lot

Land for sale in a new, scenic residential community.

Land/Lot

Land/Lot

2150 Ne 18th St, Grimes, IA 50111

$250,000

1.27 AC lot

Residential land & home lots · 1.27 Acres

13.931 Acres Multifamily Land

13.931 Acres Multifamily Land

00 James St, Grimes, IA 50111

$2,300,000

13.93 AC lot

13.931 acres of multifamily zoned land in Grimes, Iowa.

Off-Market Properties in Johnston, IA

Consider similar Off-Market properties in Johnston, 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.

4729 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4729 62nd Ave, Johnston, IA 50131-1020

Estimated value:

$2,420,000

5,280 sqft 0.48 AC lot

4779 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4779 62nd Ave, Johnston, IA 50131-1022

Estimated value:

$365,000

5,280 sqft 0.48 AC lot

4809 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4809 62nd Ave, Johnston, IA 50131-1025

Estimated value:

$305,000

5,280 sqft 0.48 AC lot

Johnston, IA 50131

APARTMENT HOUSE (5+ UNITS)

Johnston, IA 50131

Estimated value:

$1,105,000

17,808 sqft 5.89 AC lot

6310 Merle Hay Rd

APARTMENT HOUSE (5+ UNITS)

6310 Merle Hay Rd, Johnston, IA 50131-1473

Estimated value:

$6,895,000

84,941 sqft 2.66 AC lot

9001 Windsor Pkwy

APARTMENT HOUSE (5+ UNITS)

9001 Windsor Pkwy, Johnston, IA 50131-2543

Estimated value:

$9,290,000

115,000 sqft 3.69 AC lot

5705 Merle Hay Rd

APARTMENT HOUSE (5+ UNITS)

5705 Merle Hay Rd, Johnston, IA 50131

Estimated value:

$2,980,000

26,853 sqft 4.50 AC lot

5837 Winwood Dr

APARTMENT HOUSE (5+ UNITS)

5837 Winwood Dr, Johnston, IA 50131-1651

Estimated value:

$390,000

2,940 sqft 10.40 AC lot

4701 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4701 62nd Ave, Johnston, IA 50131-1018

Estimated value:

$465,000

5,280 sqft 0.46 AC lot

4673 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4673 62nd Ave, Johnston, IA 50131-1016

Estimated value:

$470,000

5,280 sqft 0.46 AC lot

4647 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4647 62nd Ave, Johnston, IA 50131-1073

Estimated value:

$245,000

5,280 sqft 0.46 AC lot

6365 Merle Hay Rd

APARTMENT HOUSE (5+ UNITS)

6365 Merle Hay Rd, Johnston, IA 50131-1255

Estimated value:

$4,960,000

91,352 sqft 2.39 AC lot

4837 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4837 62nd Ave, Johnston, IA 50131-1026

Estimated value:

$460,000

5,280 sqft 0.48 AC lot

4891 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4891 62nd Ave, Johnston, IA 50131-1028

Estimated value:

$230,000

5,280 sqft 0.52 AC lot

4623 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4623 62nd Ave, Johnston, IA 50131-1015

Estimated value:

$465,000

5,280 sqft 0.46 AC lot

4869 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4869 62nd Ave, Johnston, IA 50131-1027

Estimated value:

$490,000

5,280 sqft 0.48 AC lot

4755 62nd Ave

APARTMENT HOUSE (5+ UNITS)

4755 62nd Ave, Johnston, IA 50131-1021

Estimated value:

$465,000

5,280 sqft 0.48 AC lot

6200 Clark Ln

APARTMENT HOUSE (5+ UNITS)

6200 Clark Ln, Johnston, IA 50131-3032

Estimated value:

$1,020,000

8,919 sqft 21.50 AC lot

5555 Pioneer Pkwy

APARTMENT HOUSE (100+ UNITS)

5555 Pioneer Pkwy, Johnston, IA 50131-1882

Estimated value:

$12,355,000

141,377 sqft 3.16 AC lot

6310 Merle Hay Rd

APARTMENT HOUSE (5+ UNITS)

6310 Merle Hay Rd, Johnston, IA 50131-1473

Estimated value:

$3,890,000

55,122 sqft 0.92 AC lot

6300 Merle Hay Rd

APARTMENT HOUSE (5+ UNITS)

6300 Merle Hay Rd, Johnston, IA 50131-1545

Estimated value:

$9,705,000

130,686 sqft 1.23 AC lot

Johnston, IA 50131

APARTMENT HOUSE (100+ UNITS)

Johnston, IA 50131

Estimated value:

$11,910,000

182,685 sqft 10.02 AC lot

Johnston, IA Residential Income Properties Market Trends and Statistics

Explore 23 residential income properties for sale in Johnston, IA on our real estate platform.

Sale prices for residential income properties in Johnston, IA average $1,050,000 — 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

Demographics Overview

Population 24K

Population Growth (5Y) +16.6%

Median Household Income $103,316

College Educated 79.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
50131	$1.1M

Taxes & Financing

Tax Rate (average for all types) 2.74%

Property Tax per SF $38.96 per SF

Tax Rate vs County Average 0.33 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Johnston fall within the 100,000+ square foot range.

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