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    Colfax, IA Apartment Buildings for Sale

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    Mitchellville, IA Mingo, IA Bondurant, IA
    Colfax Multifamily Investment Opportunity
    $1,800,000
    9,420 SF
    Colfax Multifamily Investment Opportunity

    24 N Maple Street, Colfax, IA 50054

    Well-maintained 22-unit apartment complex in Colfax, Iowa.
    • Single‑owner apartment complex with 22 units, all configured as 2‑bedroom, 1‑bathroom layouts
    • 3 buildings totaling 7,824 SF on a 0.89‑acre lot
    • 100% occupancy reported for the 22 units
    • Built in 1996; vinyl siding with asphalt shingle roof
    • Utilities: public water and public sewer
    Updated: May 26
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    Turn-Key 22-Unit Apartment Complex
    $1,800,000
    7,824 SF
    Turn-Key 22-Unit Apartment Complex

    24 N MAPLE ST, Colfax, IA 50054

    Well-maintained, fully occupied apartment complex with 22 spacious 2-bedroom units and ample parking on nearly an acre.
    • 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
    Updated: May 31
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Newton Iowa Apartment Portfolio
    $700,000
    8,424 SF
    Newton Iowa Apartment Portfolio

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

    115 South 5th Avenue West, Newton, IA 50208

    View details
    Newton Iowa Apartment Building
    $350,000
    4,426 SF
    Newton Iowa Apartment Building

    Six-unit apartment building with recent capital improvements.

    520 South 5th Avenue East, Newton, IA 50208

    View details
    Spacious Condo with Modern Updates
    $172,000
    1,214 SF
    Spacious Condo with Modern Updates

    Updated ground floor condo with three bedrooms and detached garage.

    1107 NE 5th Lane #5, Ankeny, IA 50021

    View details
    Ankeny 55+ Community Condo
    $117,500
    750 SF
    Ankeny 55+ Community Condo

    Well-maintained 1 bed, 1 bath condo in vibrant community.

    409 SE Delaware Avenue #207, Ankeny, IA 50021

    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.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806

    View details

    Colfax, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Colfax, IA on our real estate platform. These investment opportunities span a total of 17,244 square feet of properties for sale, with an estimated market value of $3,600,000.

    Sale prices for two-family homes in Colfax, IA start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — 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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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50054 $1.8M

    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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