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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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, 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.

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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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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NewBo District Mixed-Use Investment
NewBo District Mixed-Use Investment

329 12th Ave Se, Cedar Rapids, IA 52401

$5,800,000
9,398 sqft 1.16 AC lot

Mixed-use investment property in Cedar Rapids' NewBo District.

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45-Unit Apartment Building
45-Unit Apartment Building

444 Angella St, Dubuque, IA 52001

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36,540 sqft

Remodeled multifamily property with updated interiors, in-unit heating and cooling, and infrastructure supporting future laundry installation.

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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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