Residential Income

Mount Pleasant, IA Residential Income Properties for Sale

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Two-Unit Duplex with Screened Porches
Updated: Aug 12
Two-Unit Duplex with Screened Porches

201 N Jay Street, Mount Pleasant, IA 52641

$359,000
1,030 sqft 0.49 AC lot
Two‑unit duplex with two bedrooms and two bathrooms in each residence
Built in 2002 with vinyl siding and forced‑air heating
Each unit includes main‑level laundry and an unfinished basement
Individual screened porches accompany both residences
0.49‑acre corner lot with an oversized backyard
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Two-Bedroom Residential Income Property
Updated: Jun 17
Two-Bedroom Residential Income Property

301 E Butternut Lane, Mount Pleasant, IA 52641

$199,000
1,237 sqft 0.13 AC lot
1,237‑square‑foot ranch‑style condominium
Two bedrooms and two full bathrooms
Step‑free layout with direct patio access
Attached garage included
Built in 2002 with vinyl siding
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Duplex With Attached Garage
Duplex With Attached Garage

304 W State Street, Mount Pleasant, IA 52641

$129,900
1,068 sqft 0.12 AC lot

Two-level property with private outdoor areas, central air, and a detached storage shed.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

116 S Main Street, Mount Pleasant, IA 52641

Contact for pricing

Historic commercial property combines a substantial storefront with two updated one-bedroom residential units above.

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Duplex Unit with Attached Garage
Duplex Unit with Attached Garage

614 N Lincoln Unit 101, Mount Pleasant, IA 52641

$239,900
1,434 sqft 0.17 AC lot

Zero-entry two-bedroom residence with an open layout, updated kitchen, and private primary suite.

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Remodeled Mixed-Use Building
Remodeled Mixed-Use Building

113 N Jefferson Street, Mount Pleasant, IA 52641

$199,000
0.07 AC lot

Brick commercial property combining updated office space, an upstairs apartment, and rear off-street parking.

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Mixed-Use Building With Apartments
Mixed-Use Building With Apartments

116 S Main Street, Mount Pleasant, IA 52641

$215,000
0.09 AC lot

Commercial building combines a retail-level space with two one-bedroom apartments.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 7 Active listings in Mount Pleasant, 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.

Duplex with Separate Entrances
Duplex with Separate Entrances

303 S Main Street, Fairfield, IA 52556

$197,000
2,008 sqft 0.20 AC lot

Two-unit property with flexible living arrangements, detached garage, hardwood floors, and public utilities.

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Downtown Mixed-Use Restaurant Property
Downtown Mixed-Use Restaurant Property

207 Main St., Columbus Junction, IA 52738

$140,000
3,040 sqft

Two leased storefront restaurant spaces with two occupied one-bedroom apartments above, plus full basements and rear alley access.

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

Columbus Junction, IA 52738

$140,000
0.06 AC lot

Two occupied apartments sit above leased restaurant storefronts, with basement space and rear alley access.

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Accessible Duplex with Open Layout
Accessible Duplex with Open Layout

201 E Lincoln Ave, Fairfield, IA 52556

$282,500
1,516 sqft 6,075.22 AC lot

Handicap-accessible residence with no steps, central air, and HOA-provided lawn and snow service.

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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 Mount Pleasant
Residential Land in Mount Pleasant

502 S White St., Mount Pleasant, IA 52641

Contact for pricing
0.26 AC lot

Building lot near amenities, suitable for single-family or duplex.

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Residential Lot in Bell Estates
Residential Lot in Bell Estates

906 S Smith St., Mount Pleasant, IA 52641

$46,500
0.45 AC lot

Residential lot in new subdivision near McMillian Park.

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Residential Home Lot with Utilities
Residential Home Lot with Utilities

4005 Concord Ln, Wapello, IA 52653

$40,000
2.00 AC lot

Build-ready residential lot with chip-and-seal road access, fiber optics, underground electricity, and a shared well.

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Agricultural Land Home Site
Agricultural Land Home Site

4001 Concord Ln, Wapello, IA 52653

$51,000
2.84 AC lot

Build-ready lot with roads, fiber optics, underground electricity, and a shared well already in place.

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Off-Market Properties in Mount Pleasant, IA

Consider similar Off-Market properties in Mount Pleasant, 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.

101 3rd St
MOBILE HOME PARK, TRAILER PARK

101 3rd St, Mount Pleasant, IA 52641

Estimated value:
by Request
0.33 AC lot
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103 Market St
MOBILE HOME PARK, TRAILER PARK

103 Market St, Mount Pleasant, IA 52641-8442

Estimated value:
$230,000
0.77 AC lot
View details

Mount Pleasant, IA Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Mount Pleasant, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 4,769 square feet of properties for sale, with an estimated market value of $1,341,800.

Sale prices for residential income properties in Mount Pleasant, IA start at $129,900, averaging $223,633, and reaching up to $359,000 — 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

Duplexes 5
Multifamily properties 5

Demographics Overview

Population 13K
Population Growth (5Y) +4.4%
Median Household Income $63,406
College Educated 29.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52641 $227.4K

Taxes & Financing

Tax Rate (average for all types) 2.91%
Property Tax per SF $38.84 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

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