Residential Income

Meservey, IA Residential Income Properties for Sale

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Alexander, IA Belmond, IA Sheffield, IA
Vacant Fourplex with Separate Utilities
Updated: Jul 8
Vacant Fourplex with Separate Utilities

Meservey, IA 50457

$120,000
2,819 sqft
Fully vacant fourplex with 2 two‑bedroom/1‑bath units and 2 one‑bedroom/1‑bath units
New steel commercial roof and brick exterior reported in excellent condition
Newer flooring throughout all four units
Each unit has separate metering and its own electrical breaker panel; water is on a single meter included in rent
Central air with forced‑air heating and electric heat; metal roof
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Meservey, 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.

Four-Unit Multifamily Property in Mason City
Four-Unit Multifamily Property in Mason City

321 3rd Street NW, Mason City, IA 50401

$145,000
3,910 sqft · 0.13 AC lot

Income-producing fourplex with detached garage and outdoor living spaces.

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Clear Lake Duplex For Sale
Clear Lake Duplex For Sale

207 8Th Avenue S, Clear Lake, IA 50428

$259,900
1,292 sqft · 0.16 AC lot

Side-by-side duplex near downtown and lake access in Clear Lake.

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Top-Floor Condo with Skylights
Top-Floor Condo with Skylights

2045 Hunters Ridge Drive 204, Mason City, IA 50401

$185,000
1,254 sqft · 0.23 AC lot

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

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Side-by-Side Duplex with Patios
Side-by-Side Duplex with Patios

207 8Th Avenue S, Clear Lake, IA 50428

$259,900

Each unit offers two bedrooms, one bath, outdoor patio space, storage, and ample parking near downtown and lake access.

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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.

Ridge Stone Golf Club Lots
Ridge Stone Golf Club Lots

602 Claydigger Run, Sheffield, IA 50475

Contact for pricing
0.37 AC lot

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

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Ridge Stone Golf Club Lots
Ridge Stone Golf Club Lots

418 Brickyard Road, Sheffield, IA 50475

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0.33 AC lot

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

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Ridge Stone Golf Course Lots
Ridge Stone Golf Course Lots

414 Brickyard Road, Sheffield, IA 50475

Contact for pricing
0.33 AC lot

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

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Ridge Stone Golf Club Lots
Ridge Stone Golf Club Lots

202 Brickyard Court, Sheffield, IA 50475

Contact for pricing
0.26 AC lot

Lots ready to build on a gorgeous golf course!

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Meservey, IA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Meservey, IA on our real estate platform. These investment opportunities span a total of 2,819 square feet of properties for sale, with an estimated market value of $120,000.

Sale prices for residential income properties in Meservey, IA start at $120,000, averaging $120,000, and reaching up to $120,000 — 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 1
Quadplexes 1

Demographics Overview

Population 504
Population Growth (5Y) +48.2%
Median Household Income $47,321
College Educated 12.1%

Taxes & Financing

Tax Rate (average for all types) 1.56%
Property Tax per SF $18.94 per SF
Tax Rate vs County Average 0.60 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cerro Gordo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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