Spirit Lake, IA
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    Spirit Lake, IA Residential Income Properties for Sale

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    Okoboji, IA Arnolds Park, IA Milford, IA
    7 results
    Contemporary Duplex on Spirit Lake
    $1,990,000
    3,848 SF

    Contemporary Duplex on Spirit Lake

    16822 255th Street, Spirit Lake, IA 51360

    New construction duplex designed for comfortable lake living.

    • 57' of lakeshore property with dock
    • New construction (built in 2026) with contemporary design
    • Walk‑out lower level with additional living area and kitchen
    • Open floor plan, ideal for entertaining
    • Multiple bedrooms, including a large bunk room
    Updated: May 15
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    Contemporary Duplex on Spirit Lake
    $1,990,000
    3,834 SF

    Contemporary Duplex on Spirit Lake

    16822 255th Street, Spirit Lake, IA 51360

    New construction duplex designed for comfortable lake living.

    • 57' of lakeshore offers stunning waterfront access
    • New construction (built in 2026) provides modern living
    • Walk‑out lower level with additional living area and kitchen
    • Open floor plan on the main floor is perfect for entertaining
    • Large bunk room
    Updated: May 15
    View details
    Spirit Lake Duplex with Pond
    $425,000
    2,439 SF

    Spirit Lake Duplex with Pond

    Near-new duplex with pond view, close to amenities.

    1940 35th Street, Spirit Lake, IA 51360
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    Spirit Lake Eight-Unit Apartment Building
    $900,000

    Spirit Lake Eight-Unit Apartment Building

    Eight-unit apartment building in downtown Spirit Lake, Iowa.

    1501 Hill Ave, Spirit Lake, IA 51360
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    New Construction Duplex in Spirit Lake
    $419,900
    1,425 SF

    New Construction Duplex in Spirit Lake

    Contemporary 2-bedroom, 2-bathroom duplex with modern amenities and bike trail access.

    3102 Spruce Court, Spirit Lake, IA 51360
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    Twin Home with High-End Finishes
    $529,500
    1,940 SF

    Twin Home with High-End Finishes

    3-bedroom twin home featuring high-end finishes and an open layout.

    3302 Ponderosa Court, Spirit Lake, IA 51360
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    Contemporary Duplex Near YMCA
    $419,900
    1,425 SF

    Contemporary Duplex Near YMCA

    Two-bedroom duplex with open floor plan near local amenities.

    3102 Spruce CT., Spirit Lake, IA 51360
    View details
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 7 Active listings in Spirit Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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.

    Spacious Duplex Near Iowa Great Lakes
    $734,900
    3,778 SF

    Spacious Duplex Near Iowa Great Lakes

    Six-bedroom duplex near Iowa Great Lakes attractions.

    171 Linden Dr., Arnolds Park, IA 51331
    View details
    Okoboji Condo with Lake Access
    $309,000
    1,001 SF

    Okoboji Condo with Lake Access

    Newly renovated 1-2 bedroom condos with pool and lake access.

    1302 Highway 71 N 1, Okoboji, IA 51355
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    West Lake Okoboji Condo
    $2,495,000
    2,333 SF

    West Lake Okoboji Condo

    New condo with resort-quality amenities on West Lake Okoboji.

    333 Hwy 71 N 2H, Arnolds Park, IA 51331
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    Okoboji Lake Access Condominium
    $319,000
    789 SF

    Okoboji Lake Access Condominium

    Newly renovated 1-2 bedroom units with lake access.

    1316 HWY 71 N 13, Okoboji, IA 51355
    View details

    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.

    Estherville Land for Dream Home
    Contact for pricing
    0.67 Acres

    Estherville Land for Dream Home

    Elite Country Club Estates lot ready for your dream home.

    1663 365th Avenue, Estherville, IA 51334
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    Commercial Lots in Graettinger, Iowa
    $34,999

    Commercial Lots in Graettinger, Iowa

    Two bare lots, commercially zoned, potential for residential rezoning.

    N Cedar Avenue, Graettinger, IA 51342
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    Residential Lots with Existing Garage
    $35,000
    0.09 Acres

    Residential Lots with Existing Garage

    Two residential parcels ready to build with existing garage.

    523 Strait Avenue, Worthington, MN 56187
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    Residential Lot in Heron Lake
    Contact for pricing
    0.41 Acres

    Residential Lot in Heron Lake

    Residential lot available in Heron Lake's newest development.

    Lot 8 Lakeview Court, Heron Lake, MN 56137
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    Off-Market Properties in Spirit Lake, IA

    Consider similar Off-Market properties in Spirit Lake, 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.

    Washington Blvd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.10 Acres
    Value Estimation by Request

    Washington Blvd, Spirit Lake, IA 51360

    View details
    Washington Blvd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.11 Acres
    Value Estimation by Request

    Washington Blvd, Spirit Lake, IA 51360

    View details
    Washington Blvd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.10 Acres
    Value Estimation by Request

    Washington Blvd, Spirit Lake, IA 51360

    View details
    Washington Blvd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.09 Acres
    Value Estimation by Request

    Washington Blvd, Spirit Lake, IA 51360

    View details
    Washington Blvd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.10 Acres
    Value Estimation by Request

    Washington Blvd, Spirit Lake, IA 51360

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    Hl Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.16 Acres
    Value Estimation by Request

    Hl Ave, Spirit Lake, IA 51360

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    2408 25th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.86 Acres
    Value Estimation by Request

    2408 25th St, Spirit Lake, IA 51360-7028

    View details
    16406 255th Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.14 Acres
    Value Estimation by Request

    16406 255th Ave, Spirit Lake, IA 51360

    View details
    255th Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.94 Acres
    Value Estimation by Request

    255th Ave, Spirit Lake, IA 51360

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    26740 105th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.19 Acres
    Value Estimation by Request

    26740 105th St, Spirit Lake, IA 51360-7262

    View details
    Spirit Lake, IA 51360
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.64 Acres
    Value Estimation by Request

    Spirit Lake, IA 51360

    View details
    Spirit Lake, IA 51360
    MOBILE HOME PARK, TRAILER PARK
    Lot: 39.04 Acres
    Value Estimation by Request

    Spirit Lake, IA 51360

    View details

    Spirit Lake, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 19 residential income properties for sale in Spirit Lake, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,911 square feet of properties for sale, with an estimated market value of $5,774,300.

    Sale prices for residential income properties in Spirit Lake, IA start at $419,900, averaging $962,383, and reaching up to $1,990,000 — 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

    Multifamily properties 5
    Duplexes 4
    Single family properties 2
    Apartment buildings 1

    Demographics Overview

    Population 8,561
    Population Growth (5Y) +4.7%
    Median Household Income $77,464
    College Educated 44.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Spirit Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    51360 $900K

    Taxes & Financing

    Tax Rate (average for all types) 1.70%
    Property Tax per SF $16.92 per sq ft
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

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