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    Montezuma, IA
    Residential Income

    Montezuma, IA Residential Income Properties for Sale

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    Fully Occupied Triplex with Separate Meters
    Updated: Jun 30
    Fully Occupied Triplex with Separate Meters

    415 E Main Street, Montezuma, IA 50171

    $189,000
    2,798 sqft 0.20 AC lot
    Fully occupied 3‑unit triplex with monthly rent of $2,200; Main level $600 (1BR) and $700 (1BR); Upper level $900 (3BR).
    Owner and tenant costs: tenants pay their own utilities; owner pays mowing and snow removal.
    Unit updates within last 24 months: main floor kitchen updated in '26; upstairs shower, kitchen floor and paint in '26; new windows and renovated 3rd bedroom in upper unit.
    Each unit has a full bath, kitchen with owner‑owned appliances, its own electric meter, HVAC, and laundry hookups.
    Building has vinyl siding and a metal roof; forced‑air heating; public water; circuit breaker panels and updated windows.
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    Updated Fully Occupied Triplex
    Updated: Jul 1
    Updated Fully Occupied Triplex

    415 E Main St, Montezuma, IA 50171

    $189,000
    2,798 sqft
    2,798‑square‑foot triplex with three occupied units
    Unit mix includes two 1‑bedroom units and one 3‑bedroom upper‑level unit
    Each unit has its own electric meter, HVAC system, full bath, kitchen, and laundry hookups
    Portions of all three units updated within the last 24 months
    Metal roof, vinyl siding, replacement windows, and circuit breaker panels
    View details
    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 12 Potential Opportunities for your consideration. Besides 2 Active listings in Montezuma, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    1604 5th Avenue, Grinnell, IA 50112

    $133,500
    2,435 sqft 0.35 AC lot

    Tri-plex with three separate units and off-street parking on a large lot near downtown Grinnell.

    View details
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    1604 5th Avenue, Grinnell, IA 50112

    $133,500
    2,435 sqft

    Vacant three-level property with separate residential units and off-street parking near downtown and Grinnell College.

    View details
    Sigourney Land with Utilities
    Sigourney Land with Utilities

    603 S 200th, Sigourney, IA 52591

    $50,000
    1.10 AC lot

    1.1 acre lot with utilities, suitable for commercial/residential use.

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    Showroom and Warehouse Building
    Showroom and Warehouse Building

    106 E Washington St, Sigourney, IA 52591

    Contact for pricing

    Updated showroom and warehouse space with two rental apartments, each with in-unit laundry and kitchen appliances.

    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.

    Residential Land in Keokuk County
    Residential Land in Keokuk County

    Gibson, IA 50104

    $125,000
    6.58 AC lot

    6.58 acre residential land parcel for sale in Iowa.

    View details
    Expansive Land Parcel with Views
    Expansive Land Parcel with Views

    New Sharon, 50207

    $169,000

    Large parcel ready for development near Sámara with mountain views.

    View details
    Ocean View Land in Mecenco
    Ocean View Land in Mecenco

    New Sharon, 50207

    $549,000

    Land with infrastructure, water source, and development potential near Sámara.

    View details
    Residential Land in Brooklyn, Iowa
    Residential Land in Brooklyn, Iowa

    1288 Lakeshore Drive, Brooklyn, IA 52211

    $58,000
    0.21 AC lot

    Residential land with utilities ready for development in Brooklyn, Iowa.

    View details

    Off-Market Properties in Montezuma, IA

    Consider similar Off-Market properties in Montezuma, 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.

    508 Washington St
    MOBILE HOME PARK, TRAILER PARK

    508 Washington St, Montezuma, IA 50171

    $240,000
    Estimated value
    0.43 AC lot
    View details
    520 Frnt St
    MOBILE HOME PARK, TRAILER PARK

    520 Frnt St, Montezuma, IA 50171-1118

    $240,000
    Estimated value
    1,500 sqft 5.68 AC lot
    View details

    Montezuma, IA Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Montezuma, IA on our real estate platform. These investment opportunities span a total of 5,596 square feet of properties for sale, with an estimated market value of $378,000.

    Sale prices for residential income properties in Montezuma, IA average $189,000 — 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 2
    Triplexes 2

    Demographics Overview

    Population 2,445
    Population Growth (5Y) -5.3%
    Median Household Income $55,944
    College Educated 23.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50171 $189K

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Property Tax per SF $25.50 per SF
    Tax Rate vs County Average 0.45 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Poweshiek County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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