Residential Income

Mount Vernon, IA Residential Income Properties for Sale

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Lisbon, IA Ely, IA Solon, IA Mechanicsville, IA Cedar Rapids, IA Marion, IA Tipton, IA Springville, IA
Timberland with Creek and Cottage
Updated: Jul 17
Timberland with Creek and Cottage

1006 Irish Lane, Mount Vernon, IA 52314

$895,000
27.00 AC lot
27 acres m/l with a creek running through the northwest side of the property
1,532 SF cottage built in 2004, with 1 bedroom and 1 bathroom, surrounded by mature trees
Located 1 mile from Highway 30 and 2.5 miles from Mount Vernon, accessed via a long private lane
60x96 building with concrete flooring and electricity for storage or workspace
On‑site grain bins, outbuildings, plus a shed and fire pit near the cottage
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Recreational Timber Land with Creek
Updated: Apr 20
Recreational Timber Land with Creek

1000/1006 Irish Lane, Mount Vernon, IA 52314

$2,200,000
70.00 AC lot
70 acres of land with mature trees, a creek, and abundant wildlife.
Development potential with proposed addition of 10 buildable lots.
Convenient location: 1 mile from Highway 30 and 2.5 miles from Mount Vernon.
Includes a 2,184 SF farmhouse (4 bed, 2 bath) with updated siding and windows.
Features a secluded 1,532 SF cottage (1 bed, 1 bath) built in 2004.
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Vernon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

Turn-of-Century Duplex Investment
Turn-of-Century Duplex Investment

1990 8th Avenue, Marion, IA 52302

$230,000
2,796 sqft 0.20 AC lot

Historic duplex with two separate 3-bedroom, 1-bath units in Marion, IA, offering turnkey income with tenants in place.

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Eight-Unit Multifamily Building
Eight-Unit Multifamily Building

230 S Dubuque St., Solon, IA 52333

$750,000

Two-bedroom units in an eight-plex with a roof replacement in 2020 and exterior painting completed in 2025.

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Side-by-Side Duplex Investment
Side-by-Side Duplex Investment

350 & 352 3rd Ave, Marion, IA 52302

$315,000

Well-maintained two-story duplex with distinct unit mixes, garages, and current leases in place.

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Mixed-Use Downtown Retail and Apartments
Mixed-Use Downtown Retail and Apartments

112 N Iowa St., Solon, IA 52333

$1,000,000
2,312 sqft

Downtown mixed-use building with leasable main-floor commercial space and two rented upper apartments.

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.

Lisbon Land Ready to Build
Lisbon Land Ready to Build

809 W MAIN Street, Lisbon, IA 52253

$92,500
0.65 AC lot

Grades lot with utilities ready for your vision.

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Waterfront Hunting and Recreation Land
Waterfront Hunting and Recreation Land

757 Palisades Access Road, Ely, IA 52227

$775,000
17.50 AC lot

Build a private retreat on waterfront acreage with wooded and cliff views and utilities started.

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Residential Lot in Kestrel Heights
Residential Lot in Kestrel Heights

Cedar Rapids, IA 52403

$90,000
0.47 AC lot

Premium lot for building a dream home in Cedar Rapids.

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Residential Land in Cedar Rapids
Residential Land in Cedar Rapids

Kestrel Estates 1st Addition lot: 2, Cedar Rapids, IA 52403

$225,000
2.16 AC lot

Premium lot in Kestrel Heights development, build your dream home.

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Off-Market Properties in Mount Vernon, IA

Consider similar Off-Market properties in Mount Vernon, 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.

124 1st SW St
APARTMENT HOUSE (UNDER 5 UNITS)

124 1st SW St, Mount Vernon, IA 52314-1601

Value Estimation by Request
2,592 sqft 0.08 AC lot
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106 1st SW St
APARTMENT HOUSE (UNDER 5 UNITS)

106 1st SW St, Mount Vernon, IA 52314-4706

Value Estimation by Request
1,470 sqft 0.06 AC lot
View details
119 1st NW St
APARTMENT HOUSE (UNDER 5 UNITS)

119 1st NW St, Mount Vernon, IA 52314-1602

Value Estimation by Request
1,098 sqft 0.06 AC lot
View details
102 1st SW St
APARTMENT HOUSE (UNDER 5 UNITS)

102 1st SW St, Mount Vernon, IA 52314-4706

Value Estimation by Request
1,144 sqft 0.07 AC lot
View details
101 1st NE St
APARTMENT HOUSE (UNDER 5 UNITS)

101 1st NE St, Mount Vernon, IA 52314-1422

Value Estimation by Request
1,370 sqft 0.03 AC lot
View details
103 1st NW St
APARTMENT HOUSE (UNDER 5 UNITS)

103 1st NW St, Mount Vernon, IA 52314-1602

Value Estimation by Request
1,500 sqft 0.06 AC lot
View details
109 1st NW St
APARTMENT HOUSE (UNDER 5 UNITS)

109 1st NW St, Mount Vernon, IA 52314-1602

Value Estimation by Request
3,242 sqft 0.14 AC lot
View details
310 7th NE St
APARTMENT HOUSE (UNDER 5 UNITS)

310 7th NE St, Mount Vernon, IA 52314

$1,090,000
Estimated value
18,582 sqft 1.50 AC lot
View details
125 1st NW St
APARTMENT HOUSE (UNDER 5 UNITS)

125 1st NW St, Mount Vernon, IA 52314-1602

Value Estimation by Request
1,344 sqft 0.04 AC lot
View details

Mount Vernon, IA Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Mount Vernon, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,200,000.

Sale prices for residential income properties in Mount Vernon, IA start at $2,200,000, averaging $2,200,000, and reaching up to $2,200,000 — 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

Single family properties 2

Demographics Overview

Population 6,048
Population Growth (5Y) -1.2%
Median Household Income $106,667
College Educated 61.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52314 $2.5M

Taxes & Financing

Tax Rate (average for all types) 2.35%
Property Tax per SF $28.66 per SF
Tax Rate vs County Average 0.65 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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