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Short-Term Rental Property with Guest House
For Sale
$750,000

2009 1st Avenue E, Newton, IA 50208

A main residence and separate guest house operate as Airbnb rentals on commercially and residentially zoned land.

Property Size2,803 SF
Lot Size1.15 Acres
Price / SF$267.57
Days on Market434

Property Features for 2009 1st Avenue E

General Information

Standard status Active
Size 2,803 SF
Total Parking Spaces 3
Lot size 1.15 Acres
Property subtype Acreage
Zoning commercial/residential

Additional Details

Utilities to Site Yes
Currently Operating Yes

Building Details

Year Built 1910
Listing Agency: Century 21 Signature
Listed By: Cathy McAulay
Source: Prometrorealty
Added: Aug 25, 2025 Changed: Nov 1 Last Checked: Nov 1 at 1:45AM

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 Century 21 Signature

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this three-level property includes 2,803 square feet across the main residence and a separate guest house. The home has 4 bedrooms and 4 bathrooms, an updated kitchen with built-ins, and a private entrance to the main-level bedroom suite from a privacy-fenced area. The guest house has its own kitchen, bathroom, bedroom, and living room. Both dwellings are currently operated as Airbnb rentals.

The 1.15-acre property also includes a 3-car garage and a large storage shed. Updates include the roof, electrical system, and sewer. The property is zoned for commercial and residential use.

Key Highlights

  • Both the main residence and guest house are operated as Airbnb rentals
  • Guest house includes a kitchen, bathroom, bedroom, and living room
  • 2,803 square feet across three levels on a 1.15‑acre lot

Property Analytics

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Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

279
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
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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?
Short term rental property - A main residence and separate guest house operate as Airbnb rentals on commercially and residentially zoned land.
Where is this short term rental property located?
The property is located at 2009 1st Avenue E Newton, IA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Both the main residence and guest house are operated as Airbnb rentals; Guest house includes a kitchen, bathroom, bedroom, and living room; 2,803 square feet across three levels on a 1.15‑acre lot
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