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Nevada, IA

Residential Income

Nevada, IA Residential Income Properties for Sale

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Ames, IA Colo, IA Maxwell, IA

Nevada Iowa Multifamily Investment

Updated: Nov 19, 2025

Nevada Iowa Multifamily Investment

1521 S G Avenue, Nevada, IA 50201

$2,100,000

16,594 sqft · 2.05 AC lot

33‑unit apartment complex in Nevada, IA, built in 1997
Studio apartments, each with its own newly renovated kitchen
On‑site laundry room with coin‑operated machines
Includes a spacious 2‑bedroom manager’s apartment
Recently renovated; utility monitoring system installed

This listing looks promising.

Here's a quick look at some key insights for

1521 S G Avenue, Nevada, IA 50201

View Property Analytics

Est. Cap Rate

5.3%
NOI ÷ price
Est. NOI

$111K
Annual
Price @ 7% Cap

$1.59M
Suggested
Property Type

Apartments (Generic)
Built 1997

View Property Analytics

Ranch-Style Duplex with Garages

Updated: Jun 30

Ranch-Style Duplex with Garages

1319 W 3rd Street, Nevada, IA 50201

$315,000

2,208 sqft

Ranch‑style duplex built in 2011 with single‑level living and functional layout
Each side offers 3 bedrooms and 1 full bath, plus spacious living areas
Attached single‑stall garage on each side
Utilities include public water and public sewer
Heating options listed: electric, forced air, and natural gas; cooling: central air

Ranch-Style Duplex for Sale

Ranch-Style Duplex for Sale

1327 W 3rd Street, Nevada, IA 50201

$315,000

2,208 sqft

Single-level duplex with two mirrored units, each offering three bedrooms, a full bath, and an attached single-stall garage.

Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 Active listings in Nevada, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Turnkey 8-Plex Rental Property

Turnkey 8-Plex Rental Property

215 Jewel Drive, Ames, IA 50010

$995,000

8,267 sqft · 0.57 AC lot

Well-maintained 8-unit multifamily building with multiple two- to four-bedroom layouts and two full baths per unit.

Ranch-Style Duplex with Attached Garage

Ranch-Style Duplex with Attached Garage

209 S Cottonwood Street, Roland, IA 50236

$295,000

2,228 sqft · 0.38 AC lot

Ranch duplex offering single-level 3-bedroom units, each with an attached single-stall garage.

Ranch-Style Duplex with Attached Garages

Ranch-Style Duplex with Attached Garages

106 E Walnut Street, Roland, IA 50236

$295,000

2,400 sqft

Ranch-style duplex features two identical 3-bedroom units with attached single-stall garages for versatile owner or rental use.

Charming Duplex in Central Ames

Charming Duplex in Central Ames

1202-1204 Burnett Avenue, Ames, IA 50010

$256,980

1,950 sqft · 0.16 AC lot

Updated duplex with solid rental history near downtown and medical.

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 South Glen

Residential Land in South Glen

1001 South Glen Avenue, Nevada, IA 50201

$89,000

0.28 AC lot

Residential land for sale in Nevada, Iowa's South Glen.

Residential Land in South Glen

Residential Land in South Glen

1102 South Glen Circle, Nevada, IA 50201

$95,000

0.30 AC lot

Residential land for sale in Nevada, Iowa's South Glen.

Residential Land in South Glen

Residential Land in South Glen

1101 South Glen Circle, Nevada, IA 50201

$95,000

0.30 AC lot

Residential land for sale in Nevada, Iowa's South Glen.

Residential Land in South Glen

Residential Land in South Glen

803 South Glen Avenue, Nevada, IA 50201

$94,000

0.31 AC lot

Land available for building a home near amenities in Nevada, IA.

Off-Market Properties in Nevada, IA

Consider similar Off-Market properties in Nevada, 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.

MOBILE HOME PARK, TRAILER PARK

515 Wn Ave, Nevada, IA 50201-1300

Value Estimation by Request

4.50 AC lot

MOBILE HOME PARK, TRAILER PARK

1104 T Ave, Nevada, IA 50201

Value Estimation by Request

15.94 AC lot

MOBILE HOME PARK, TRAILER PARK

10 Maple Ave, Nevada, IA 50201-2543

Value Estimation by Request

37.55 AC lot

MOBILE HOME PARK, TRAILER PARK

389 Wn Ave, Nevada, IA 50201-1328

Value Estimation by Request

1,846 sqft · 0.87 AC lot

Nevada, IA 50201

MOBILE HOME PARK, TRAILER PARK

Nevada, IA 50201

Value Estimation by Request

1,311 sqft · 40.00 AC lot

Nevada, IA 50201

MOBILE HOME PARK, TRAILER PARK

Nevada, IA 50201

Value Estimation by Request

1.33 AC lot

Nevada, IA 50201

MOBILE HOME PARK, TRAILER PARK

Nevada, IA 50201

Value Estimation by Request

1,369 sqft · 5.29 AC lot

Nevada, IA 50201

MOBILE HOME PARK, TRAILER PARK

Nevada, IA 50201

Value Estimation by Request

1.31 AC lot

Nevada, IA Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Nevada, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,010 square feet of properties for sale, with an estimated market value of $2,730,000.

Sale prices for residential income properties in Nevada, IA start at $315,000, averaging $910,000, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 8,301

Population Growth (5Y) +0.0%

Median Household Income $81,989

College Educated 41.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
50201	$910K

Taxes & Financing

Tax Rate (average for all types) 2.47%

Property Tax per SF $31.58 per SF

Tax Rate vs County Average 0.06 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Story County

New Delisted

Total CRE Inventory on Market (SF)

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