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New Construction Multifamily Property
For Sale
$390,000
Pending

2389 N 10th Ave E, Newton, IA 50208

Two-bedroom, 2.5-bath home with open living areas in an HOA community.

Property Size1,452 SF
Days on Market802

Property Features for 2389 N 10th Ave E

General Information

Standard status Pending
Size 1,452 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Building Details

Year Built 2025
Listing Agency: RE/MAX Concepts
Listed By: Liz Warner (515) 313-8461
Source: Desmoineshomesforsale
Added: Aug 6, 2024 Changed: Oct 1 Last Checked: Oct 14 at 11:33PM

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 RE/MAX Concepts

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Investment Insights

Based on property information with market context.

Completed in 2025, this 1,452-square-foot multifamily property includes two bedrooms and 2.5 bathrooms. The home features an open living arrangement, modern finishes, and a layout suited to everyday living and entertaining.

The residence is positioned within a cul-de-sac at 2389 N 10th Ave E, Newton, IA 50208. It is part of an HOA community and offers new-construction housing with a combination of private site placement and shared community structure.

Key Highlights

  • 2025 construction
  • 1,452 square feet
  • Two bedrooms and 2.5 bathrooms

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Hair Salon Real Estate Agency Parking Lot & Garage Dental Office Electrical Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby

Demographics for 50208, IA

20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two-bedroom, 2.5-bath home with open living areas in an HOA community.
Where is this multifamily property located?
The property is located at 2389 N 10th Ave E Newton, IA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 2025 construction; 1,452 square feet; Two bedrooms and 2.5 bathrooms
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