Monticello, IA Apartment buildings for sale

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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Updated: Apr 11

Brick Condominium Apartment Building

716, 718 & 720 N Birch St, Monticello, IA 52310

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24‑unit multifamily property with 12 one‑bedroom and 12 two‑bedroom condominium units
Located across two Birch Street buildings: 720 N. Birch (8‑plex) and 716 & 718 N. Birch (16 units)
Building materials include mostly brick condominiums
Zoned residential
Property features plenty of green space and borders newer single‑family homes and an industrial park

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Monticello, 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.

24-Unit Multifamily Community

901 S 11th St, Marion, IA 52302

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21,312 sqft

Legacy 24-unit multifamily property with long-term ownership continuity and documented care through market cycles.

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High-Density Multifamily Property

2750 10th Street, Marion, IA 52302

$297,000

Multifamily property for sale currently zoned MR-2 High Density Multifamily Residential.

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Multifamily Apartment Building

120 32nd St NE, Cedar Rapids, IA 52402

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Apartment building with 23 units in the Cedar Rapids metro, with recent updates and a roof maintenance plan.

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Historic Multifamily Conversion Property

860 17th St SE, Cedar Rapids, IA 52403

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Historic property with 44 units plus common areas, a large commercial kitchen, storage, shop, laundry, offices, and garage.

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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.

Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000

0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

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

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$650,000

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Monticello, IA Apartment Buildings for Sale

605 East 1st Street, Monticello, IA 52310

716, 718 & 720 N Birch St, Monticello, IA 52310