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

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    Lakeside, IA Alta, IA Schaller, IA
    Storm Lake Duplex Investment Opportunity
    $209,000
    2,488 SF

    Storm Lake Duplex Investment Opportunity

    718 SENECA ST, Storm Lake, IA 50588

    Well-maintained duplex with owner's suite, updated and conveniently located.

    • New siding, roof, sewer line, and updated electrical service ensure low maintenance.
    • Duplex configuration with a 3‑bedroom and a 4‑bedroom unit provides excellent rental income.
    • Spacious units with approximately 1,244 sq ft of living space each.
    • Prime location across from Fareway and near the heart of town.
    • Well‑maintained property ideal for investors or owner‑occupants.
    Updated: Apr 14
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    Storm Lake Multifamily Investment Opportunity
    $285,000
    5,015 SF

    Storm Lake Multifamily Investment Opportunity

    416 Michigan, Storm Lake, IA 50588

    Six-unit apartment building in Storm Lake, Iowa, 100% occupied.

    • 100% Occupied
    • Strong history of property
    • Market Rent Roll equals Actual Rent Roll: $4,400
    • Six Units: Mix of 2 (1 bed/1 bath) and 4 (2 bed/1 bath) units
    • Coin‑operated Laundry provides additional income (~$400/year)
    Updated: Sep 23, 2025
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Storm Lake, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Ida Grove Commercial Building
    $334,000
    14,000 SF

    Ida Grove Commercial Building

    Versatile 14,000 sq ft commercial building in Ida Grove, IA.

    601 2nd St, Ida Grove, IA 51445
    View details
    Spencer, Iowa Multifamily Investment
    $175,000
    4,308 SF

    Spencer, Iowa Multifamily Investment

    Value-add 6-plex near downtown Spencer with renovation upside.

    21 W 1ST ST, Spencer, IA 51301
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    Ida Grove Triplex For Sale
    $349,000
    1.06 Acres

    Ida Grove Triplex For Sale

    Fully occupied triplex with immediate income potential in Ida Grove.

    800 Valley View Drive, Ida Grove, IA 51445
    View details
    Spencer Iowa Multifamily Investment Opportunity
    $115,000
    0.18 Acres

    Spencer Iowa Multifamily Investment Opportunity

    Multifamily property in Spencer, Iowa, with a strong occupancy history.

    19 E 2nd Street, Spencer, IA 51301
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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 Lot in Storm Lake
    Contact for pricing
    0.19 Acres

    Residential Lot in Storm Lake

    Spacious lot near Buena Vista University, ideal for custom home.

    305 Ontario Street, Storm Lake, IA 50588
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    Residential Lots Near Highway 71
    $99,000
    3.00 Acres

    Residential Lots Near Highway 71

    3-acre residential lots ideal for custom home or barndominium.

    1105 560th, Storm Lake, IA 50588
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    Residential Lot in Sac City
    Contact for pricing
    0.60 Acres

    Residential Lot in Sac City

    Vacant lot with mature trees, ideal for residential living.

    606 Park Avenue, Sac City, IA 50583
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    Ayrshire Land with Utility Building
    $129,000
    4.76 Acres

    Ayrshire Land with Utility Building

    4.76-acre parcel with utility building near Silver Lake.

    4153 380th Avenue, Ayrshire, IA 50515
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    Off-Market Properties in Storm Lake, IA

    Consider similar Off-Market properties in Storm 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.

    1222 590th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.99 Acres
    Value Estimation by Request

    1222 590th St, Storm Lake, IA 50588-7509

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    1222 590th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 12.48 Acres
    Value Estimation by Request

    1222 590th St, Storm Lake, IA 50588-7509

    View details
    1222 590th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.87 Acres
    Value Estimation by Request

    1222 590th St, Storm Lake, IA 50588-7509

    View details
    8th
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.42 Acres
    Value Estimation by Request

    8th, Storm Lake, IA 50588

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    9th
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.42 Acres
    Value Estimation by Request

    9th, Storm Lake, IA 50588

    View details

    Storm Lake, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 7 residential income properties for sale in Storm Lake, IA on our real estate platform. These investment opportunities span a total of 7,503 square feet of properties for sale, with an estimated market value of $494,000.

    Sale prices for residential income properties in Storm Lake, IA start at $209,000, averaging $247,000, and reaching up to $285,000 — 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 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +6.7%
    Median Household Income $65,475
    College Educated 31.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50588 $247K

    Taxes & Financing

    Tax Rate (average for all types) 3.17%
    Property Tax per SF $32.45 per sq ft
    Tax Rate vs County Average 0.74 pp above county avg
    Average Loan-to-Value 65.0%

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