Residential Income

Paton, IA Residential Income Properties for Sale

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Ranch Home on 5-Acre Acreage
Updated: May 23
Ranch Home on 5-Acre Acreage

121 110th Street, Paton, IA 50217

$479,000
2,242 sqft 5.04 AC lot
5.04‑acre ranch property just north of Boxholm, IA with wooded land and a stream
3‑bedroom, 3‑bath home with over 2,200 sq ft of living area and an attached 2‑car garage
Dry basement offers blank‑slate space to potentially add nearly 2,000 sq ft of additional living area
Central air and electric heating; replacement windows and newer septic reported
Outdoor features include a patio and deck area, garden area, barn(s), shed(s), outbuildings, and workshop
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Paton, 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.

Four-Plex Residential Income Property
Four-Plex Residential Income Property

1202-1208 Haig Street, Gowrie, IA 50543

$249,900
3,936 sqft 0.57 AC lot

Well-maintained four-unit building with three-bedroom layouts and in-unit laundry hookups for durable rental occupancy.

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Well-Kept Boone Investment Property
Well-Kept Boone Investment Property

316 Boone Street, Boone, IA 50036

$225,000
3,269 sqft 0.25 AC lot

Five-unit residential building with long-term tenants and recent updates.

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11-Unit Multifamily Property
11-Unit Multifamily Property

1806 Main Street, Gowrie, IA 50543

$499,900
9,214 sqft 1.14 AC lot

Well-maintained 11-unit apartment community with on-site laundry and dedicated parking on an acre-plus lot.

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Triplex with Detached Two-Car Garage
Triplex with Detached Two-Car Garage

527 Boone Street, Boone, IA 50036

$215,000
2,024 sqft 0.14 AC lot

Well-maintained triplex in Boone offers central heating and air, updated exterior, and coin-operated laundry convenience.

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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 Lot in Gowrie, Iowa
Residential Lot in Gowrie, Iowa

908 Sunrise Drive, Gowrie, IA 50543

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0.29 AC lot

Development-ready lot with 10-year tax abatement near local amenities.

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Residential Lot in Wiley Addition
Residential Lot in Wiley Addition

907 Sunrise Drive, Gowrie, IA 50543

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0.29 AC lot

Development-ready lot with tax abatement near schools and parks.

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Residential Lot in Wiley Addition
Residential Lot in Wiley Addition

912 Sunrise Drive, Gowrie, IA 50543

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0.29 AC lot

Development-ready lot with tax abatement near schools and parks.

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11.5 Acres Building Site
11.5 Acres Building Site

255th, Jefferson, IA 50129

$149,000
11.65 AC lot

11.5 acre building site with stream and pasture.

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Paton, IA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Paton, IA on our real estate platform. These investment opportunities span a total of 2,242 square feet of properties for sale, with an estimated market value of $479,000.

Sale prices for residential income properties in Paton, IA start at $479,000, averaging $479,000, and reaching up to $479,000 — 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 1

Demographics Overview

Population 474
Population Growth (5Y) -25.5%
Median Household Income $63,417
College Educated 14.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50217 $499K

Taxes & Financing

Tax Rate (average for all types) 2.10%
Property Tax per SF $30.01 per SF
Tax Rate vs County Average 0.25 pp below county avg
Average Loan-to-Value 65.0%

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