Residential Income

Mount Ayr, IA Residential Income Properties for Sale

Notify Me
List
Map
Corydon, IA Kellerton, IA Redding, IA Tingley, IA Ellston, IA Clearfield, IA Lamoni, IA Grand River, IA
Eight-Unit Apartment Building
Updated: Jul 28
Eight-Unit Apartment Building

501 N Taylor Street, Mount Ayr, IA 50854

$559,000
0.23 AC lot
Eight apartments: four two‑bedroom/one‑bath units and four one‑bedroom/one‑bath units
12 open parking spaces with additional green space on a 0.23‑acre lot
New roof, siding, gutters, and soffits completed in 2025
Covered entrance to upper apartments plus garden‑level units
Coin‑operated laundry facility on site
View details
Mixed-Use Property With Apartments
Updated: Jun 23
Mixed-Use Property With Apartments

1201 E South Street, Mount Ayr, IA 50854

$1,100,000
2.00 AC lot
12‑unit apartment complex with 2 bedrooms and 1 bathroom per unit
In‑unit laundry provided in every apartment
Occupied medical office space with room for expansion
2 acres of commercial real estate
Highway 2 location at 1201 E South Street, Mount Ayr, IA 50854
View details
8-Unit Apartment Building
8-Unit Apartment Building

501 N Taylor St, Mount Ayr, IA 50854

$559,000

Multifamily property with covered access, on-site laundry, and recently renewed exterior components.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

210 W Montgomery Street, Creston, IA 50801

$89,900
5,600 sqft 0.07 AC lot

Brick uptown property combining a retail storefront with four upstairs apartments and a full basement.

View details
Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

407 Main Street, Bedford, IA 50833

$140,000
0.12 AC lot

Historic commercial building combining an operating fitness center with updated residential units and separate utility metering.

View details
Quadplex with Detached Garage
Quadplex with Detached Garage

609 W Montgomery Street, Creston, IA 50801

$99,000
3,238 sqft 0.34 AC lot

Four apartments offer one- and two-bedroom layouts in a residential multifamily setting.

View details
Former Bank Building with Apartments
Former Bank Building with Apartments

407 Main Street, Bedford, IA 50833

Contact for pricing

A former bank building featuring a main-level fitness center and three upstairs apartments, plus updated building systems.

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
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
Pond-Access Recreational Land Tract
Pond-Access Recreational Land Tract

E. Concord Rd., Blythedale, MO 64442

$289,000
40.00 AC lot

40+/- acres of bare land with docked pond access, offering recreation and flexible homesite opportunities nearby I-35.

View details

Mount Ayr, IA Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Mount Ayr, IA, showcased through 4 active listings on our real estate platform.

Sale prices for residential income properties in Mount Ayr, IA start at $559,000, averaging $739,333, and reaching up to $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 4
Multifamily properties 4

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 $739.3K

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%

Need Help?

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