Nearly Complete 15-Unit Condominium
104 1st Ave E Newton, IA 50208
For Sale
Contact for pricing
For sale as a complete 15-unit condominium portfolio with updates underway, including a 2025 roof replacement.
Property Size7,693 SF
Days on Market96
Property Features for 104 1st Ave E
General Information
- Standard status
- Active
- Size
- 7,693 SF
- Property subtype
- Multifamily
Listing Agency:
United Country Real Estate
Listed By:
Shawn Terrel · License #2012000450
Source:
Crexi
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Real Estate
Investment Insights
Based on property information with market context.
This offering includes 15 deeded condominium units sold together as a portfolio at 104 1st Ave E. The property is described as a nearly finished multifamily redevelopment project with a unit mix of 11 one-bedroom units and four efficiency units. Ten units are noted as nearly complete with renovations that were taken down to the studs, and five units are listed as ready for completion.
Building features cited include city water and sewer, electric forced air heat, central air conditioning, elevator service, and updated common areas. The common areas are described as updated, and the roof was replaced in 2025. Concrete streets and sidewalks are referenced as part of the walkable downtown setting.
The total building area is listed as 7,693 ± square feet. Additional information provided includes 2025 taxes of $7,552 and HOA association dues of $12,250.
Building features cited include city water and sewer, electric forced air heat, central air conditioning, elevator service, and updated common areas. The common areas are described as updated, and the roof was replaced in 2025. Concrete streets and sidewalks are referenced as part of the walkable downtown setting.
The total building area is listed as 7,693 ± square feet. Additional information provided includes 2025 taxes of $7,552 and HOA association dues of $12,250.
Key Highlights
- 15 deeded condominium units sold as a complete portfolio at 104 1st Ave E, Newton, IA 50208
- Unit mix includes 11 1‑bedroom units, 4 efficiency units, and a total of 10 units nearly complete plus 5 units ready for completion
- Nearly complete redevelopment: 5 units were taken down to the studs
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - For sale as a complete 15-unit condominium portfolio with updates underway, including a 2025 roof replacement.
Where is this apartment building located?
The property is located at 104 1st Ave E Newton, IA.
What are key features of this property?
This property features: 15 deeded condominium units sold as a complete portfolio at 104 1st Ave E, Newton, IA 50208; Unit mix includes 11 1‑bedroom units, 4 efficiency units, and a total of 10 units nearly complete plus 5 units ready for completion; Nearly complete redevelopment: 5 units were taken down to the studs
