Home For Sale near Red Rock Lake

A rare chance to secure a high-performing multifamily investment delivering a strong cap rate and full occupancy. This 24-unit, all 2-bedroom complex features private balconies, 9 garages, extra storage units and a proven rental track record. With minimal turnover and strong demand in a market with limited inventory, this asset provides reliable cash flow and excellent return on investment. Ideal for buyers seeking stable income.

Property Details

  • Beds: 48
  • Baths: 24.0
  • Sq Feet: 9751
  • Year Built: 1974
  • Location: Red Rock Lake
  • Acres: 0.678
  • County: Marion County
  • Garage: Garage
  • Roof:
  • Property Taxes: $18,470
  • MLS #: 730555

Location

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Contact Information:

Contact Agent
Listing Agent: Maria Balac, Realty ONE Group Impact, 515-999-0730, 515-446-7524 Listing Site, Listing Status: Active
Copyright © 2025 Des Moines Area Association of REALTORS®, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Knoxville, Iowa
Ad Number : 6900724
Viewed: 58 times
Added: Nov 17, 2025
Updated on: Nov 17, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.