Residential Income

Spirit Lake, IA Residential Income Properties for Sale

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Orleans, IA Okoboji, IA Arnolds Park, IA Milford, IA Lake Park, IA Estherville, IA Spencer, IA Jackson, MN
9 properties
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Four-Bedroom Duplex with Attached Garage
Updated: Oct 2
Four-Bedroom Duplex with Attached Garage

2306 Quail Run, Spirit Lake, IA 51360

$418,800
2,712 sqft 0.17 AC lot
Four bedrooms and three bathrooms in 2,712 square feet
Main floor includes two bedrooms, two bathrooms, laundry, and a fireplace
Lower‑level family room with wet bar, two bedrooms, and a bathroom
Attached double garage and deck
Built in 2006 on a 0.167‑acre lot
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Renovated Waterfront Duplex
Updated: Jul 25
Renovated Waterfront Duplex

10585 Crowley Avenue, Spirit Lake, IA 51360

$719,900
1,824 sqft 0.30 AC lot
Renovated duplex on the shore of Big Spirit Lake
1,824 square feet with 4 bedrooms and 2 bathrooms
0.2993‑acre parcel with west‑facing lake views
Basement included in the property layout
Central air and forced‑air heating
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New Construction Waterfront Duplex
New Construction Waterfront Duplex

16822 255th Street, Spirit Lake, IA 51360

$1,990,000
3,834 sqft

Contemporary duplex with a walk-out lower level, second kitchen, lake access, and two laundry stations.

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See hot listings in Spirit Lake

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Townhome-Style Apartment Buildings
Townhome-Style Apartment Buildings

3300 Sunner Ave Bldg A & B, Spirit Lake, IA 51360

$1,295,000
14,784 sqft

Twelve-unit multifamily property with attached garages, in-unit laundry, and walk-out patios.

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Waterfront Duplex with Walk-Out Lower Level
Waterfront Duplex with Walk-Out Lower Level

16822 255th Street, Spirit Lake, IA 51360

$1,990,000
3,848 sqft

Contemporary duplex under construction with lake access, dual kitchens, and two laundry stations.

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Zero-Entry Duplex
Zero-Entry Duplex

3308 Ponderosa Court, Spirit Lake, IA 51360

$459,500
1,486 sqft 0.22 AC lot

Three bedrooms, two baths, and a covered patio complement the no-step design.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
New Construction Duplex
New Construction Duplex

3102 Spruce Court, Spirit Lake, IA 51360

$414,900
1,425 sqft 0.14 AC lot

Contemporary zero-entry residence with quartz finishes, covered patio, and direct access to the Dickinson County bike trail.

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Contemporary Duplex Unit
Contemporary Duplex Unit

3102 Spruce Court, Unit B, Spirit Lake, IA 51360

$414,900
1,425 sqft 0.18 AC lot

Two-bedroom, two-bath residence with single-level living, an open layout, and covered outdoor space.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

1501 Hill Ave, Spirit Lake, IA 51360

$900,000

Multi-unit property offers detached garage parking, basement storage, and shared laundry facilities.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 9 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.

Wetland-Adjacent Duplex
Wetland-Adjacent Duplex

603 202nd Street, Milford, IA 51351

$499,000
2,988 sqft 0.23 AC lot

Two-level property with generous living areas, a main-floor primary suite, covered deck, and access to an association swimming pool.

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Lake-View Triplex with Three Units
Lake-View Triplex with Three Units

41 Dewey St, Arnolds Park, IA 51331

$699,000
3,336 sqft

Three distinct units support vacation stays and long-term occupancy, with a lawn designed for outdoor gatherings.

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Triplex with Lake Views
Triplex with Lake Views

41 Dewey Street, Arnolds Park, IA 51331

$699,000
0.32 AC lot

Three distinct residences offer a mix of vacation-oriented and long-term rental use near downtown, entertainment, and public waterfront access.

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Newly Built Duplex with Heated Garage
Newly Built Duplex with Heated Garage

605 202nd St, Milford, IA 51351

$499,000
2,283 sqft

Four-bedroom, four-bath layout includes three-zone HVAC and EV charging readiness.

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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.

Two-Lot Commercial Land
Two-Lot Commercial Land

N Cedar Avenue, Graettinger, IA 51342

$34,999

Two undeveloped parcels offer commercial zoning, with utilities positioned along the adjacent street.

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Undeveloped Land Near Five Island
Undeveloped Land Near Five Island

N Huron Road, Emmetsburg, IA 50536

$294,000
18.85 AC lot

18.85 acres of land near Five Island Lake.

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Land Available in Windom, MN
Land Available in Windom, MN

6th Crn 17th St/6th Avenue, Windom, MN 56101

Contact for pricing

Land for sale located in Windom, Minnesota.

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Residential Lot in Windom, MN
Residential Lot in Windom, MN

95 5th Street, Windom, MN 56101

Contact for pricing
0.15 AC lot

Residential lot available in a quiet cul-de-sac.

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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

Washington Blvd, Spirit Lake, IA 51360

Estimated value:
$225,000
0.10 AC lot
View details
Washington Blvd
MOBILE HOME PARK, TRAILER PARK

Washington Blvd, Spirit Lake, IA 51360

Estimated value:
$225,000
0.11 AC lot
View details
Washington Blvd
MOBILE HOME PARK, TRAILER PARK

Washington Blvd, Spirit Lake, IA 51360

Estimated value:
$225,000
0.10 AC lot
View details
Washington Blvd
MOBILE HOME PARK, TRAILER PARK

Washington Blvd, Spirit Lake, IA 51360

Estimated value:
$225,000
0.09 AC lot
View details
Washington Blvd
MOBILE HOME PARK, TRAILER PARK

Washington Blvd, Spirit Lake, IA 51360

Estimated value:
$225,000
0.10 AC lot
View details
Hl Ave
MOBILE HOME PARK, TRAILER PARK

Hl Ave, Spirit Lake, IA 51360

Estimated value: by Request
0.16 AC lot
View details
2408 25th St
MOBILE HOME PARK, TRAILER PARK

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

Estimated value:
$245,000
5.86 AC lot
View details
16406 255th Ave
MOBILE HOME PARK, TRAILER PARK

16406 255th Ave, Spirit Lake, IA 51360

Estimated value:
$235,000
0.14 AC lot
View details
255th Ave
MOBILE HOME PARK, TRAILER PARK

255th Ave, Spirit Lake, IA 51360

Estimated value:
$255,000
0.94 AC lot
View details
26740 105th St
MOBILE HOME PARK, TRAILER PARK

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

Estimated value:
$355,000
4.19 AC lot
View details
Spirit Lake, IA 51360
MOBILE HOME PARK, TRAILER PARK

Spirit Lake, IA 51360

Estimated value:
$225,000
0.64 AC lot
View details
Spirit Lake, IA 51360
MOBILE HOME PARK, TRAILER PARK

Spirit Lake, IA 51360

Estimated value:
$440,000
39.04 AC lot
View details

Spirit Lake, IA Residential Income Properties Market Trends and Statistics

Explore 21 residential income properties for sale in Spirit Lake, IA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 31,338 square feet of properties for sale, with an estimated market value of $8,603,000.

Sale prices for residential investment properties in Spirit Lake, IA start at $414,900, averaging $955,888, 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

Commercial property segments ranked by active listings on the market

Multifamily properties 9
Duplexes 7
Apartment buildings 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
51360 $1M

Taxes & Financing

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

Total CRE Inventory on Market (SF)

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