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Rake, IA Residential Income Properties for Sale

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Turnkey Apartment Building in Rake
$299,900
1.74 Acres

Turnkey Apartment Building in Rake

204 3 St SW, Rake, IA 50465

Updated 8-unit apartment buildings on 1.74 acre lot.

  • Turnkey 8‑unit apartment complex with positive cashflow.
  • Two 4‑unit brick buildings on a 1.74 acre lot.
  • Recent updates including fresh paint, new flooring, and new plumbing.
  • Located in a nice, stable small town.
  • In‑house management.
Last Update: Aug 14
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Rake, IA 8-Unit Apartment Complex
$325,900
1.74 Acres

Rake, IA 8-Unit Apartment Complex

204 3 St, Rake, IA 50465

Turnkey multifamily, positive cash flow, great upside.

Last Update: Feb 3
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Rake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Buildings in Forest City
$250,000

Mixed-Use Buildings in Forest City

Two mixed-use buildings with rental units and established businesses.
111 N Clark St, Forest City, IA 50436
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Mixed-Use Buildings in Forest City
$250,000

Mixed-Use Buildings in Forest City

Mixed-use buildings with rental units and established businesses for sale.
109 N Clark St, Forest City, IA 50436
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Updated Condo with Lake Views
$280,000

Updated Condo with Lake Views

Updated 2 bed, 2 bath condo near downtown amenities.
212 Broadway Ave N, Albert Lea, MN 56007
View details
Versatile Commercial Property with Living Space
$369,900
0.28 Acres

Versatile Commercial Property with Living Space

Operating car service station with updated residential living space above.
226 E Clark St, Albert Lea, MN 56007
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Explore Off-Market Properties in Rake, IA

Consider similar Off-Market properties in Rake, 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.

204 3 St

204 3 St

Residential income properties • 1.74 Acres
Value Estimation by Request
204 3 St, Rake, IA 50465
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Rake, IA Residential Income Properties Investment Opportunities Market Analysis

Explore 3 residential income properties for sale in Rake, IA on our real estate platform. These investment opportunities span a total of 151,589 square feet of properties for sale, with an estimated market value of $625,800.

Prices for residential income properties in Rake, IA start at $299,900, averaging $312,900, and reaching up to $325,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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