Advertise
    Mount Ayr, IA
    Residential Income

    Mount Ayr, IA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Corydon, IA Diagonal, IA Kellerton, IA Redding, IA Ellston, IA Beaconsfield, IA Clearfield, IA Lamoni, IA
    12-Unit Apartment Complex with In-Unit Laundry
    Updated: Jun 23
    12-Unit Apartment Complex with In-Unit Laundry

    1201 E South Street, Mount Ayr, IA 50854

    $1,100,000
    2.00 AC lot
    12‑unit apartment complex
    Over 2 acres of prime commercial real estate
    Highly visible location along Highway 2
    Apartment units feature two bedrooms, one bathroom, and in‑unit laundry
    Commercial office space currently occupied by a medical office
    View details
    8-Unit Apartment Building
    Updated: Jul 28
    8-Unit Apartment Building

    501 N Taylor Street, Mount Ayr, IA 50854

    Contact for pricing
    Eight apartments with a balanced mix of four two‑bedroom and four one‑bedroom units
    12 open parking spaces plus green space
    2025 improvements include new roof, siding, gutters, and soffits
    Covered exterior entrance serves upper‑level apartments; garden‑level units also included
    Electric baseboard heat and window air conditioning in each apartment
    View details
    Multifamily and Medical Office Building
    Multifamily and Medical Office Building

    1201 E South Street, Mount Ayr, IA 50854

    Contact for pricing

    A 12-unit residential complex with an on-site medical office, set on over 2 acres along Highway 2.

    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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Mount Ayr, 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.

    Quadplex with Storefront
    Quadplex with Storefront

    210 W Montgomery Street, Creston, IA 50801

    $89,900
    5,600 sqft 0.07 AC lot

    Brick quadplex with storefront retail space and upstairs apartments, including kitchens, living/dining areas, and separate bedrooms.

    View details
    Triplex with Double Garage
    Triplex with Double Garage

    416 Elm Street S, Lamoni, IA 50140

    $69,900
    0.48 AC lot

    Triplex-style home with multiple entries, multi-meter setup, and a large updated kitchen with direct walk-out access.

    View details
    Mixed-Use Retail with Apartments
    Mixed-Use Retail with Apartments

    210 W Montgomery Street, Creston, IA 50801

    Contact for pricing

    Retail storefront with four upstairs apartments and a full basement, with income from both retail and residential units.

    View details
    Remodeled Apartment Building with Laundromat
    Remodeled Apartment Building with Laundromat

    318 E Main Street, Lamoni, IA 50140

    $999,000

    20-unit apartment building with laundromat near Graceland College.

    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.

    Buildable Lot Near Sun Valley
    Buildable Lot Near Sun Valley

    S Ridge Park Subdivision lot: 679 And 680, Ellston, IA 50074

    $52,500
    0.65 AC lot

    Over half acre lot near Sun Valley Lake.

    View details
    Sun Valley Lake Vacant Lots
    Sun Valley Lake Vacant Lots

    11 lots Big Bend Road, Ellston, IA 50074

    $125,000
    1.96 AC lot

    11 contiguous lots near Sun Valley Lake amenities.

    View details
    Sun Valley Lake Land Opportunity
    Sun Valley Lake Land Opportunity

    1116 Crestview Drive Unit 2, Ellston, IA 50074

    Contact for pricing
    0.44 AC lot

    Off-water lot in a desirable private lake community.

    View details
    Lamoni Vacant Land with Pond
    Lamoni Vacant Land with Pond

    13000 Elk Ridge road lot: 4, Lamoni, IA 50140

    $99,680
    14.24 AC lot

    14+ acre countryside property with rolling grass and mature trees.

    View details

    Mount Ayr, IA Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Mount Ayr, IA, showcased through 3 active listings on our real estate platform.

    Sale prices for residential income properties in Mount Ayr, IA average $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Multifamily properties 3

    Demographics Overview

    Population 2,304
    Population Growth (5Y) -10.9%
    Median Household Income $69,352
    College Educated 33.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50854 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $28.25 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ringgold County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Mount Ayr, IA

    Popular Categories

    Most Searched ZIP Codes in Mount Ayr, IA

    • 50854

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!