Newton, IA Apartment buildings for sale

$700,000

8,424 SF

Newton Iowa Apartment Portfolio

115 South 5th Avenue West, Newton, IA 50208

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

Part of a larger 22‑unit portfolio in Newton, Iowa.
Attractive 8.01% Cap Rate.
New roof installed in 2023.
12 Units total.
Mix of 1BR/1BA and 2BR/1BA units.

Updated: Mar 25

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$350,000

4,426 SF

Newton Iowa Apartment Building

520 South 5th Avenue 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)

Updated: Mar 25

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

$1,550,000

9,751 SF

24-Unit Multifamily Investment Opportunity

High-performing, fully occupied 24-unit complex in Knoxville, Iowa.

1718 & 1804 Dolores Street, Knoxville, IA 50138

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$172,000

1,214 SF

Spacious Condo with Modern Updates

Updated ground floor condo with three bedrooms and detached garage.

1107 NE 5th Lane #5, Ankeny, IA 50021

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Knoxville Mixed-Use Investment Opportunity

$699,000

0.14 Acres

Knoxville Mixed-Use Investment Opportunity

Mixed-use property with commercial spaces and apartments in Knoxville, Iowa.

307 E Main Street, Knoxville, IA 50138

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$117,500

750 SF

Ankeny 55+ Community Condo

Well-maintained 1 bed, 1 bath condo in vibrant community.

409 SE Delaware Avenue #207, Ankeny, IA 50021

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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.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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$285,000

0.74 Acres

Norman Land For Luxury Condos

Prime Norman land suitable for luxury condos development.

801 NW 36th Avenue, Norman, OK 73072

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$285,000

0.74 Acres

Buildable Lot for Luxury Condos

0.74 acre buildable lot zoned for low-density apartments.

801 36th Ave NW, Norman, OK 73072

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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Newton, IA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Newton, IA on our real estate platform. These investment opportunities span a total of 12,850 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for two-family homes in Newton, IA start at $350,000, averaging $525,000, 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.

Neighborhood	Average Price
50208	$525K

Neighborhood

Average Price

50208

$525K

Newton, IA Apartment Buildings for Sale

115 South 5th Avenue West, Newton, IA 50208

520 South 5th Avenue East, Newton, IA 50208