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    Mitchellville, IA Mingo, IA Bondurant, IA Altoona, IA Baxter, IA Maxwell, IA Elkhart, IA Prairie City, IA
    Turn-Key 22-Unit Apartment Complex
    Updated: May 31
    Turn-Key 22-Unit Apartment Complex

    24 N MAPLE ST, Colfax, IA 50054

    Contact for pricing
    7,824 sqft 0.89 AC lot
    Apartment complex built in 1996 featuring 3 buildings totaling 7,824 SF on a 0.89‑acre lot
    22 units with all layouts configured as 2‑bedroom, 1‑bath apartments
    100% occupancy reported for the 22 units
    Single‑owner, family‑owned and operated property
    Ample parking and outdoor space included on the 0.89‑acre site
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Colfax, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Courtyard Apartments Multifamily
    Courtyard Apartments Multifamily

    1453 North 11th Avenue East, Newton, IA 50208

    $2,595,000
    31,069 sqft 3.39 AC lot

    Value-add 44-unit multifamily community with 2- and 3-bedroom units across townhome and apartment-style buildings.

    View details
    Newton Iowa Apartment Portfolio
    Newton Iowa Apartment Portfolio

    115 South 5th Avenue West, Newton, IA 50208

    $670,000
    8,424 sqft 0.51 AC lot

    12-unit apartment building with recent roof improvements in Newton, Iowa.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    3274 E. EUCLID AVE., Des Moines, IA 50317

    Contact for pricing
    5,568 sqft

    Updated interiors and individual exterior entrances serve all eight units.

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    Renovated 108-Unit Apartment Portfolio
    Renovated 108-Unit Apartment Portfolio

    3909 Hubbell Avenue, Des Moines, IA 50317

    Contact for pricing
    89,440 sqft

    108-unit multifamily portfolio with 64% renovated two-bedroom units and approximately 96% current occupancy.

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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.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Colfax, IA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Colfax, IA on our real estate platform. These investment opportunities span a total of 7,824 square feet of properties for sale.

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    Demographics Overview

    Population 3,179
    Population Growth (5Y) +9.3%
    Median Household Income $91,204
    College Educated 31.8%

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $37.20 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jasper County

    New Delisted

    Total CRE Inventory on Market (SF)

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