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24-Unit Apartment Building
For Sale
$2,759,500

1209 6th Street, Milford, IA 51351

The property combines varied apartment layouts with garages, storage units and on-site parking.

Property SizeContact for details
Days on Market9

Property Features for 1209 6th Street

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 14 x 3BR/1BA, 6 x 3BR/2BA, 4 x 2BR/1BA
Multifamily Units 24

Amenities

garage
storage units

Building Details

Year Built 1996
Listing Agency: Copper Dog Realty, LLC
Listed By: Jessica Stafford · License #7542
Source: Integrityiowa
Added: Sep 30 Last Checked: Oct 7 at 9:22AM

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 Copper Dog Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1996, this Milford apartment property contains 24 residences: 14 three-bedroom, one-bath units, six three-bedroom, two-bath units and four two-bedroom, one-bath units. Most apartments have been remodeled or updated, and most include a garage. The site also has 12 storage units and ample parking.

Okoboji Schools are within walking distance. The property is located in the Iowa Great Lakes area.

Key Highlights

  • 24 apartments: 14 three‑bedroom, one‑bath; 6 three‑bedroom, two‑bath; and 4 two‑bedroom, one‑bath
  • Built in 1996
  • Most units have been remodeled or updated

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Restaurant Barber Shop Skin Care Clinic Cafe & Coffee Shop

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

24
Residential units

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 51351, IA

4,844
Population
3,104
Households
1.6
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
108.0 sq mi
ZIP Area
45
Density / Sq Mi
$67,628
Median Household Income
$39,913
Median Earnings
$904
Median Rent
$256,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The property combines varied apartment layouts with garages, storage units and on-site parking.
Where is this apartment building located?
The property is located at 1209 6th Street Milford, IA.
What is the asking price?
The asking price for this property is $2,759,500.
What are key features of this property?
This property features: 24 apartments: 14 three‑bedroom, one‑bath; 6 three‑bedroom, two‑bath; and 4 two‑bedroom, one‑bath; Built in 1996; Most units have been remodeled or updated
More about this property
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