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Rock Rapids, IA Residential Income Properties for Sale

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Downtown Rock Rapids Opportunity
$72,000
0.08 Acres

Downtown Rock Rapids Opportunity

213 1St Ave, Rock Rapids, IA 51246

Downtown Rock Rapids commercial building with redevelopment potential.

  • Prime downtown location with high foot traffic and proximity to businesses.
  • Priced below market value for a quick sale.
  • Spacious layout suitable for retail, office, or apartments.
  • Solid structure offering potential for renovation or redevelopment.
  • Great visibility.
Updated: Nov 17, 2025
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Renovated Duplex in Rock Rapids
$425,000
2,220 SF

Renovated Duplex in Rock Rapids

507 S Greene St, Rock Rapids, IA 51246

Completely renovated duplex with modern amenities and income potential.

  • Completely renovated duplex with modern finishes and open layouts, essentially new construction
  • Each unit features 3 bedrooms, 2 bathrooms, including a primary suite with en‑suite bath and walk‑in closet
  • Both units are currently occupied, providing immediate rental income
  • Tax exemption on the first $75,000 of improvements for five years (starting in 2024)
  • Each unit has its own insulated and heated 2‑stall garage, plus separate HVAC systems, water heaters, and utility meters
Updated: Jan 13
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Spacious Ranch Home with Modern Amenities
$329,900
1,528 SF

Spacious Ranch Home with Modern Amenities

1500+ sq ft ranch with 2 beds, 2 baths.

106 S 15Th Ave, Rock Rapids, IA 51246
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Rock Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Larchwood Duplex: Investor Opportunity
$259,900
1,976 SF

Larchwood Duplex: Investor Opportunity

Turn-key duplex in Larchwood, ideal for investors or owner-occupants.

917/919 Geiser St, Larchwood, IA 51241
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Larchwood Multifamily Investment Opportunity
$99,900
1.84 Acres

Larchwood Multifamily Investment Opportunity

Multi-family investment opportunity in Larchwood, Iowa with development potential.

1300 Willard Ln, Larchwood, IA 51241
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Luverne, MN Luxury Apartment Complex
$8,500,000
54,000 SF

Luverne, MN Luxury Apartment Complex

Energy-Efficient Apartments, Prime Location

120 Hatting St, Luverne, MN 56156
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Updated Condo in 55+ Community
$68,000
550 SF

Updated Condo in 55+ Community

Tastefully updated 1-bedroom condo in a welcoming 55+ community.

200 S Freeman Ave, Luverne, MN 56156
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Explore Off-Market Properties in Rock Rapids, IA

Consider similar Off-Market properties in Rock Rapids, 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.

901 2nd E Ave

901 2nd E Ave

MOBILE HOME PARK, TRAILER PARK • 1.71 Acres
Value Estimation by Request
901 2nd E Ave, Rock Rapids, IA 51246-1740
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Rock Rapids, IA 51246

Rock Rapids, IA 51246

MOBILE HOME PARK, TRAILER PARK • 4.06 Acres
Value Estimation by Request
Rock Rapids, IA 51246
View details
Rock Rapids, IA 51246

Rock Rapids, IA 51246

MOBILE HOME PARK, TRAILER PARK • 3.74 Acres
Value Estimation by Request
Rock Rapids, IA 51246
View details

Rock Rapids, IA Residential Income Properties Investment Opportunities Market Analysis

Explore 6 residential income properties for sale in Rock Rapids, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 356,755 square feet of properties for sale, with an estimated market value of $962,000.

Sale prices for residential income properties in Rock Rapids, IA start at $72,000, averaging $240,500, and reaching up to $425,000 — 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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