Apartment Building

Milford, IA Apartment Buildings for Sale

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Spirit Lake, IA Arnolds Park, IA Okoboji, IA Spencer, IA Orleans, IA Lake Park, IA Dickens, IA Estherville, IA
17-Unit Apartment Building
Updated: Aug 17
17-Unit Apartment Building

2212 Okoboji Ave, Milford, IA 51351

$950,000
10,882 sqft 0.35 AC lot
17 units: 10 conventional apartments and 7 furnished, dorm‑style rooms
10,882 square feet on a 0.35‑acre site
Built in 1947; residential zoning
Fronts Hwy 71 in Milford, within reach of the Okoboji lake region
Fully occupied with a rental history
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24-Unit Apartment Building
Updated: Sep 30
24-Unit Apartment Building

1209 6th Street, Milford, IA 51351

$2,759,500
24 apartments: 14 three‑bedroom, one‑bath; 6 three‑bedroom, two‑bath; and 4 two‑bedroom, one‑bath
Built in 1996
Most units have been remodeled or updated
Most units include a garage
12 storage units
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See hot listings in Milford

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Milford, 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.

Townhome-Style Apartment Buildings
Townhome-Style Apartment Buildings

3300 Sunner Ave Bldg A & B, Spirit Lake, IA 51360

$1,295,000
14,784 sqft

Twelve-unit multifamily property with attached garages, in-unit laundry, and walk-out patios.

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Mixed-Use Downtown Building
Mixed-Use Downtown Building

40 Downtown Plaza, Fairmont, MN 56031

Contact for pricing
7,200 sqft

Two-story concrete and brick building with a main-level nail salon, warehouse/flex space, and second-floor apartments.

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City Side Estates Apartments
City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

Contact for pricing
36,840 sqft

36-unit apartment complex in Fairmont, MN, with 19 garages.

View details
Eight-Unit Apartment Building
Eight-Unit Apartment Building

1501 Hill Ave, Spirit Lake, IA 51360

$900,000

Multi-unit property offers detached garage parking, basement storage, and shared laundry facilities.

View details

Milford, IA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Milford, IA on our real estate platform. These investment opportunities span a total of 10,882 square feet of properties for sale, with an estimated market value of $3,709,500.

Sale prices for apartment complexes in Milford, IA start at $950,000, averaging $1,854,750, and reaching up to $2,759,500 — 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 4,990
Population Growth (5Y) +13.5%
Median Household Income $67,628
College Educated 39.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
51351 $1.9M

Taxes & Financing

Tax Rate (average for all types) 1.57%
Property Tax per SF $12.29 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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