Residential Income

Story City, IA Residential Income Properties for Sale

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Boone, IA Roland, IA Gilbert, IA Jewell, IA Ames, IA Ellsworth, IA Stanhope, IA Nevada, IA
Tenant-Occupied Duplex
Updated: Sep 9
Tenant-Occupied Duplex

211 Hillcrest Drive, Story City, IA 50248

$260,000
890 sqft 0.22 AC lot
Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
Both units are tenant‑occupied
890 square feet on a 0.22‑acre lot
Built in 1977 with split‑level design
Central air conditioning with carpet and tile flooring
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Three-Level Triplex
Updated: Jul 13
Three-Level Triplex

215 Cedar Street, Story City, IA 50248

$185,000
1,552 sqft 0.26 AC lot
Three separate apartments with a 2‑bedroom/1.5‑bath, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath layout
1,552 square feet on a 0.2612‑acre lot
Three‑level building constructed in 1910
Tenants currently in place; tenants pay all utilities except water
Forced‑air heating and central air conditioning
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See hot listings in Story City

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
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Story City, 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.

Historic Brick Duplex
Historic Brick Duplex

317 20th St Unit 319, Ames, IA 50010

$215,000
1,740 sqft

Two leased units offer hardwood floors, included appliances, basement laundry hookups, and off-street parking.

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Historic Brick Duplex
Historic Brick Duplex

319-317 20th St, Ames, IA 50010

$215,000
1,740 sqft

Two-unit property with hardwood floors, included appliances, basement laundry hookups, off-street parking, and private yard space.

View details
18-Unit Duplex Portfolio
18-Unit Duplex Portfolio

106 E Walnut St, Roland, IA 50236

$295,000
2,400 sqft

Portfolio includes multiple duplex buildings serving both owner-occupant and rental-use strategies.

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18-Unit Duplex Package
18-Unit Duplex Package

102 E Walnut St, Roland, IA 50236

$295,000
2,400 sqft

Nine buildings are located across Nevada, Roland, and Baxter, with varied residential layouts and rental-use flexibility.

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.

Residential Land in Story City
Residential Land in Story City

1200 Hickory Court, Story City, IA 50248

$88,000
0.60 AC lot

Residential subdivision with buildable lots and stocked fishing pond.

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Residential Lot in Prairie Valley
Residential Lot in Prairie Valley

17115 Primrose Drive, Ames, IA 50014

$110,000
0.67 AC lot

Build your dream home in a premier residential development.

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Residential Lot in Prairie Valley
Residential Lot in Prairie Valley

50382 Blazing Star Street, Ames, IA 50014

$105,000
0.63 AC lot

Build your dream home in a premier residential development.

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Residential Lot in Prairie Valley
Residential Lot in Prairie Valley

50374 Blazing Star Street, Ames, IA 50014

$105,000
0.63 AC lot

Build your dream home in a premier residential development.

View details

Off-Market Properties in Story City, IA

Consider similar Off-Market properties in Story City, 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.

120 1st St
MOBILE HOME PARK, TRAILER PARK

120 1st St, Story City, IA 50248-1013

Estimated value:
$350,000
6.38 AC lot
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Story City, IA Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Story City, IA on our real estate platform. These investment opportunities span a total of 2,442 square feet of properties for sale, with an estimated market value of $445,000.

Sale prices for residential investment properties in Story City, IA start at $185,000, averaging $222,500, and reaching up to $260,000 — 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
Duplexes 1
Triplexes 1

Demographics Overview

Population 4,300
Population Growth (5Y) -0.5%
Median Household Income $88,333
College Educated 50.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50248 $222.5K

Taxes & Financing

Tax Rate (average for all types) 2.48%
Property Tax per SF $28.84 per SF
Tax Rate vs County Average 0.07 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)

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