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    Hiawatha, IA Triplexes for Sale

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    Cedar Rapids, IA Robins, IA Marion, IA
    New Multifamily Property in Hiawatha
    $850,000
    5,250 SF

    New Multifamily Property in Hiawatha

    225 Clymer Road, Hiawatha, IA 52233

    Newly constructed triplex with immediate income and strong hold potential.

    • New Construction: Brand‑new multifamily property built in 2026.
    • Immediate Income: Current rent roll of $6,500/month and $78,000 gross annual income.
    • Attractive Cap Rate: Positioned at an approximately 7.72% cap rate.
    • Spacious Units: Each unit offers approximately 1,750 finished square feet with 3 bedrooms and 2.5 bathrooms.
    • Modern Finishes: Units feature open‑concept layouts, modern kitchens with white cabinetry, quartz countertops, stainless steel appliances, and durable LVP flooring.
    Updated: Feb 17
    View details
    Multifamily Triplex in Hiawatha
    $850,000
    5,250 SF

    Multifamily Triplex in Hiawatha

    225 Clymer Rd, Hiawatha, IA 52233

    Multifamily property featuring three units in Hiawatha, Iowa.

    • Multifamily Property
    • Features 3 Units
    • Year Built: 2026
    Updated: Feb 13
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hiawatha, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Iowa City Multi-Family Investment
    $325,000
    2,374 SF

    Iowa City Multi-Family Investment

    Multi-family property near the University of Iowa campus.

    Iowa City, IA 52245
    View details
    Main Street Triplex Investment Opportunity
    $295,000
    0.14 Acres

    Main Street Triplex Investment Opportunity

    Triplex near downtown Dubuque with renovated unit and garage.

    1374 Main Street, Dubuque, IA 52001
    View details
    Dubuque Tri-Plex with Garage
    $63,500
    2,128 SF

    Dubuque Tri-Plex with Garage

    Tri-plex with garage, central air, and investment potential.

    351 Dorgan Place, Dubuque, IA 52001
    View details
    Modern Townhouse Triplex Investment
    $954,700
    1,641 SF

    Modern Townhouse Triplex Investment

    Three modern 3-bedroom townhouse condos, estimated completion Spring 2026.

    4671 Herbert Hoover Hwy, Units A,B,C, Iowa City, IA 52240
    View details

    Hiawatha, IA Triplexes Investment Opportunities Market Analysis

    Explore 2 triplexes for sale in Hiawatha, IA on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for three-family homes in Hiawatha, IA start at $850,000, averaging $850,000, and reaching up to $850,000 — 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

    Triplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Hiawatha fall within the 100,000+ square foot range.

    Demographics Overview

    Population 7,008
    Population Growth (5Y) -2.0%
    Median Household Income $66,497
    College Educated 41.5%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    52233 $850K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $40.22 per sq ft
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

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