104 1st Avenue E Newton, IA 50208
- Added:
- Apr 1, 2026
- Days on Market:
- 28
- Last Refresh:
- Apr 28 at 8:06 pm
Property Features for 104 1st Avenue E
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- Resid
- Bedrooms
- 11
- Bathrooms
- 15
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 13, Bathroom 3, Bathroom 9, Bathroom 15, Bathroom 8, Bedroom 3, Bedroom 11, Bedroom 2, Bathroom 1, Bathroom 10, Bedroom 6, Bathroom 7, Bathroom 6, Bathroom 12, Bedroom 4, Bathroom 14, Bedroom 9, Bedroom 7, Bathroom 5, Bathroom 2, Bathroom 11, Bedroom 8, Bathroom 4, Bedroom 10
- Standard status
- Active
- APN
- 0834142001
- Size
- 514 SF
Taxes and HOA fees
- Tax Description
- ORIGINAL PLAT LOT 6 & S 44' LOT 5 BLK 15 ALSO KNOWN AS JEWEL CONDO UNIT 1
- Tax Annual Amount
- 7552
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 15
- Building materials
- Brick
Listing agent Scot Bergman (515) 864-6444
Listing office Agency Iowa 1551 SW Prairie Trail Parkway, Ankeny, IA (515) 877-4692
Listing date Apr 1, 2026
MLS# 737444
Listing URL
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Condo Units Portfolio Package
The Jewel Condominiums are a second-level multifamily development located directly across from the courthouse. The offering includes 15 deeded condo units, consisting of 11 one-bedroom units and 4 efficiency units. Ten units are nearly complete, while five units are taken to the studs and ready for finishing. The property features elevator access and two secured entrances on 1st Avenue and 1st Street. It is equipped with city water and sewer services, electric heat, and central A/C. Common areas have been updated. A new roof was installed in 2025. The project is currently vacant, providing flexibility for an investor to complete construction and implement a lease-up or resale strategy. The property has a strong small-market rental demand and a walkable downtown location, enhancing its long-term potential. The property has a size of 514 square feet and is zoned as Resid.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Jasper
- State
- Iowa
- Longitude
- -93.0532018
- Latitude
- 41.6996165
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fifteen condo units offered as a portfolio package for sale.
Where is this apartment building located?
The property is located at 104 1st Avenue E Newton, IA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Portfolio package of 15 condo units offered as a single purchase.; Opportunity to complete construction on 5 units taken to the studs.; Updated common areas and new roof installed in 2025.
