Residential Income
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Slater, IA Residential Income Properties for Sale

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Sheldahl, IA Huxley, IA Madrid, IA Polk City, IA Alleman, IA Kelley, IA Cambridge, IA Ames, IA
Brick 4-Plex with Coin-Op Laundry
Updated: Jul 17
Brick 4-Plex with Coin-Op Laundry

506 Main Street, Slater, IA 50244

$300,000
1,575 sqft 0.26 AC lot
Brick 4‑plex built in 1964 in greater Slater
Unit mix: four 2‑bedroom, 1‑bath units
Public water and public sewer service
Many updates including engineered hardwood, carpet, tile, and kitchen counters & appliances
Roofs replaced on both the apartment building and garage in 2021
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Brick 4-Unit Apartment Building
Updated: Jul 19
Brick 4-Unit Apartment Building

506 Main St, Slater, IA 50244

$300,000
1,575 sqft
Four‑unit brick apartment property at 506 Main St, Slater, IA 50244
Each apartment includes 2 bedrooms and 1 bathroom
1,575 square feet; built in 1964
Coin‑operated laundry located in the basement
Engineered hardwood, carpet, tile flooring, kitchen counters, and appliances updated
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Slater, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

8-Unit Apartment Building
8-Unit Apartment Building

215 Jewel Dr, Ames, IA 50010

$950,000
1,120 sqft

Eight apartments provide a varied bedroom mix, with two full baths in every unit.

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8-Unit Apartment Building
8-Unit Apartment Building

215 Jewel Drive, Ames, IA 50010

$950,000
8,267 sqft 0.57 AC lot

Eight apartments provide a mix of two-, three-, and four-bedroom floor plans with two full baths each.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

222 Water St, Cambridge, IA 50046

Contact for pricing
6,554 sqft

A mixed-use property combining retail space with four residential units, including handicap-accessible and recently updated apartments.

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Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

222 Water Street, Cambridge, IA 50046

$849,900
0.14 AC lot

Retail and residential components combine in one property with modern apartment amenities.

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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 Land in Huxley, Iowa
Residential Land in Huxley, Iowa

711 Wildflower Drive, Huxley, IA 50124

$120,000
0.33 AC lot

Residential land for custom home construction near Ballard High School.

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Residential Land in Huxley, Iowa
Residential Land in Huxley, Iowa

511 Wildflower Drive, Huxley, IA 50124

$120,000
0.44 AC lot

Residential land for sale, bring your own builder!

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Residential Land in Huxley, Iowa
Residential Land in Huxley, Iowa

607 Wildflower Drive, Huxley, IA 50124

$120,000
0.34 AC lot

Residential land for custom home construction near Ballard High School.

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Residential Land in Huxley, Iowa
Residential Land in Huxley, Iowa

809 Wildflower Drive, Huxley, IA 50124

$125,000
0.34 AC lot

Residential land for sale, bring your own builder!

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Off-Market Properties in Slater, IA

Consider similar Off-Market properties in Slater, 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.

404 1st N Ave
MOBILE HOME PARK, TRAILER PARK

404 1st N Ave, Slater, IA 50244-7760

$265,000
Estimated value
0.69 AC lot
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101 1st N Ave
MOBILE HOME PARK, TRAILER PARK

101 1st N Ave, Slater, IA 50244-7724

$365,000
Estimated value
6.86 AC lot
View details

Slater, IA Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Slater, IA on our real estate platform. These investment opportunities span a total of 3,150 square feet of properties for sale, with an estimated market value of $600,000.

Sale prices for residential income properties in Slater, IA average $300,000 — 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

Multifamily properties 2
Quadplexes 2

Demographics Overview

Population 1,866
Population Growth (5Y) -1.1%
Median Household Income $101,544
College Educated 52.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50244 $300K

Taxes & Financing

Tax Rate (average for all types) 2.91%
Property Tax per SF $46.32 per SF
Tax Rate vs County Average 0.50 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)

Average Property Price per SF

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

Retail

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