Newton, IA Apartment buildings for sale

Updated: May 16

Courtyard Apartments Multifamily

1453 North 11th Avenue East, Newton, IA 50208

$2,400,000

31,069 sqft 3.39 AC lot

44‑unit value‑add multifamily community in Newton, IA (1453 N 11th Ave E) with 100% leased apartment & townhome‑style buildings
Unit mix includes 24 two‑bedroom/one‑bath and 20 three‑bedroom/one‑bath units across townhome and apartment‑style layouts
Comprised of 6 buildings with 2 & 3 stories and total building area of 31,069 SF
Buildings constructed in 1979, 1980, and 1984
Avg. in‑place rent is $691 with a 7.75% cap rate; list price $2,595,000 ($58,977 per unit)

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Updated: May 1

38-Unit Apartment Building

320 West 3rd Street North, Newton, IA 50208

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31,836 sqft

38‑unit apartment community
31,836‑square‑foot multifamily property
Constructed in 2019
Located in Newton, Iowa, within the Des Moines MSA
Near Iowa Speedway and Newton’s Downtown District

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

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

Mixed-Use Building with Apartments

925 Broad St, Grinnell, IA 50112

$825,000

10,000 sqft

Downtown property combines street-level commercial space with updated upper-floor apartments and tenant-paid heat, electric, and water.

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Mixed-Use Building with Apartments

925 Broad Street, Grinnell, IA 50112

$825,000

0.26 AC lot

Street-level commercial suites combine with updated apartments in a renovated brick and stone building.

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5-Unit Apartment Building

405 W Church St, Marshalltown, IA 50158

$175,000

3,110 sqft

Five-unit income-producing property near downtown with updates to two units and an as-is sale.

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36-Unit Apartment Property

611 E South St, Marshalltown, IA 50158

$2,200,000

Three buildings include garage parking and laundry facilities on two levels in each building.

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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 62,905 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for two-family homes in Newton, IA average $2,400,000 — 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	$1.6M

Neighborhood

Average Price

50208

$1.6M

Newton, IA Apartment Buildings for Sale

1453 North 11th Avenue East, Newton, IA 50208

320 West 3rd Street North, Newton, IA 50208