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Jasper County, IA Apartment Buildings for Sale

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

Newton Iowa Apartment Building

520 South 5Th Ave East, Newton, IA 50208

Six-unit apartment building with recent capital improvements.

  • High Cap Rate: 8.02%
  • Recent Capital Improvements: New roof (2023) and resurfaced driveway (2024)
  • Part of a Larger Portfolio: Opportunity to acquire as part of a 22‑unit portfolio in Newton, Iowa
  • Resident Paid Utilities: Residents directly pay for electricity, and water/sewer/trash/pest control are billed back
  • Favorable Unit Mix: Majority of units are desirable 2BR/1BA (5 out of 6 units)
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Laundromat with Apartment Investment
$675,000

Laundromat with Apartment Investment

14 N Elm St, Colfax, IA 50054

Profitable laundromat with six fully leased apartments in Colfax.

  • Steady income stream from established laundromat business
  • Six fully leased apartments providing additional rental income
  • Recent updates to key infrastructure: laundromat plumbing/electric (2018), new asphalt (2020), water softener (2024), water heater (2025), exterior remodel (2025)
  • Five apartment units updated between 2022‑2025
  • Solid and reliable investment property
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Newton Iowa Apartment Portfolio
$700,000

Newton Iowa Apartment Portfolio

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

115 South 5Th Ave West, Newton, IA 50208
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Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 3 Active listings in Jasper County, IA, we suggest exploring several alternatives:

Jasper County, IA Apartment Buildings Investment Opportunities Market Analysis

Explore 3 apartment buildings for sale in Jasper County, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,725,000.

Sale prices for two-family homes in Jasper County, IA start at $350,000, averaging $575,000, and reaching up to $700,000 — 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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