Residential Income

Montezuma, IA Residential Income Properties for Sale

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Deep River, IA Brooklyn, IA Gibson, IA
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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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 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.

Grinnell Triplex Investment Opportunity
Grinnell Triplex Investment Opportunity

1604 5th Avenue, Grinnell, IA 50112

$133,500
2,435 sqft · 0.35 AC lot

Triplex near downtown Grinnell and college, great investment potential.

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Grinnell Iowa Multifamily Investment Portfolio
Grinnell Iowa Multifamily Investment Portfolio

725 Spring Street, Grinnell, IA 50112

$1,415,000
18,092 sqft · 3.20 AC lot

Portfolio of 12 rental homes with strong income potential.

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Versatile Commercial Building on City Square
Versatile Commercial Building on City Square

105 E Marion Street, Sigourney, IA 52591

$144,900
0.13 AC lot

Adaptable commercial building with retail space and rental income.

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Turnkey Retail Bakery & Ice Cream
Turnkey Retail Bakery & Ice Cream

123 E Marion Street, Sigourney, IA 52591

$155,000
0.07 AC lot

Move-in ready ice cream and bakery operation with an on-site laundromat and unfinished apartment space above.

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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.

Residential Land in Keokuk County
Residential Land in Keokuk County

Gibson, IA 50104

$130,000
6.58 AC lot

6.58 acre residential land parcel for sale in Iowa.

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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.

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Residential Building Lot in Oskaloosa
Residential Building Lot in Oskaloosa

1610 N Park, Oskaloosa, IA 52577

$49,000
0.84 AC lot

Large building lot in a desirable Oskaloosa neighborhood.

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Sigourney Land with Utilities
Sigourney Land with Utilities

603 S 200th, Sigourney, IA 52591

$110,000
1.10 AC lot

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

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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

Value Estimation by Request
0.43 AC lot
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520 Frnt St
MOBILE HOME PARK, TRAILER PARK

520 Frnt St, Montezuma, IA 50171-1118

Value Estimation by Request
1,500 sqft · 5.68 AC lot
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Montezuma, IA Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Montezuma, IA on our real estate platform. These investment opportunities span a total of 2,798 square feet of properties for sale, with an estimated market value of $189,000.

Sale prices for residential income properties in Montezuma, IA start at $189,000, averaging $189,000, and reaching up to $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 1
Triplexes 1

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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