Apartment Building

Monticello, IA Apartment Buildings for Sale

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New 12-Unit Apartment Community
Updated: Jun 19
New 12-Unit Apartment Community

605 East 1st Street, Monticello, IA 52310

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11,388 sqft
Brand‑new 12‑unit apartment community built in 2025 in Monticello, IA
100% stabilized community with all 12 residences as two‑bedroom, one‑bath units
Private outdoor space: first‑floor units have a private patio; second- and third‑floor units have balconies
In‑unit washer/dryer hookups in every unit, with coin‑free washer and dryer rentals available on site
Kitchens include stove, microwave, dishwasher, and refrigerator in every unit
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1 active listing matches your search: Apartment Building for sale in Monticello, IA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Five-Unit Apartment Building
Five-Unit Apartment Building

1477 Locust St, Dubuque, IA 52001

$400,000
4,112 sqft

Multifamily property with varied unit sizes, laundry hookups, central air, and off-street parking.

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5-Unit Apartment Building
5-Unit Apartment Building

1897 Clarke Drive, Dubuque, IA 52001

$270,000
3,764 sqft

Off-street parking and newer water meters and water heaters serve the five-unit property.

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Renovated Apartment Building
Renovated Apartment Building

210 19th St. NE, Cedar Rapids, IA 52402

$2,000,000
8,520 sqft

Updated apartment interiors and mechanical systems support a refreshed multifamily property.

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24-Unit Apartment Portfolio
24-Unit Apartment Portfolio

1810 A Avenue NE, Cedar Rapids, IA 52402

Contact for pricing

Two neighboring buildings provide a balanced mix of one- and two-bedroom apartments.

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Monticello, IA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Monticello, IA on our real estate platform. These investment opportunities span a total of 11,388 square feet of properties for sale.

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Demographics Overview

Population 6,384
Population Growth (5Y) +0.4%
Median Household Income $76,946
College Educated 26.0%

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $34.30 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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