17-Unit Apartment
For Sale
$950,000
2212 Okoboji Ave, Milford, IA 51351
Multi-Unit, Milford, IA
Property Size10,882 SF
Lot Size0.35 Acres
Price / SF$87.30
Days on Market54
Property Features for 2212 Okoboji Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
res
Bedrooms
1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1
Directions
Maps
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
1106151009
Size
10,882 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
MILFORD STERNBERG'S PLATLOT 11
Tax Annual Amount
7068
Legal Description
MILFORD STERNBERG'S PLATLOT 11
Building Details
Year built
1947
Number of units
17
Listing Agency:
Gateway Real Estate Advisors
(712) 226-8000
Listed By:
Nic Madsen · License #S67281000
(712) 540-6562
Added: Aug 17
Changed: Oct 7
Last Checked: Oct 9 at 1:06PM
MLS# 834240
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 10,882-square-foot apartment property contains 17 units: 10 conventional apartments and 7 furnished, dorm-style rooms. The furnished rooms support short-term rental use alongside longer-term apartment leasing. The building dates to 1947 and occupies a 0.35-acre site in Milford, Iowa. Residential zoning is identified for the property.
The property is situated on Okoboji Avenue alongside Hwy 71, within the Okoboji lake region. It is reported as fully occupied, with both conventional apartment units and furnished rooms in the existing configuration.
The property is situated on Okoboji Avenue alongside Hwy 71, within the Okoboji lake region. It is reported as fully occupied, with both conventional apartment units and furnished rooms in the existing configuration.
Key Highlights
- 17 units, including 10 conventional apartments and 7 furnished dorm‑style rooms
- 10,882 square feet on a 0.35‑acre site
- On Okoboji Avenue alongside Hwy 71 in Milford
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
17
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - The rental mix pairs conventional apartments with furnished rooms configured for shorter stays.
Where is this apartment building located?
The property is located at 2212 Okoboji Ave Milford, IA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 17 units, including 10 conventional apartments and 7 furnished dorm‑style rooms; 10,882 square feet on a 0.35‑acre site; On Okoboji Avenue alongside Hwy 71 in Milford
