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    Triplex Rental Property with Lake Views Title is generated by Realmo AI

    41 Dewey Street, Arnolds Park, IA 51331

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    For Sale
    $799,000

    MULTI_FAMILY - Arnolds Park, IA

    Property size:
    3,340 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $239/SF
    Added:
    Jun 16, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 20 at 8:06 am

    Property Features for 41 Dewey Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 2, Basement, Bathroom 1, Bedroom 3
    Standard status
    Active
    APN
    07-29-155-002
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 1 ALLEN'S PARK EXT. & LOT 2 ALLEN'S PARK EXT. & LOT 3 ALLEN'S PARK EXTENSION
    Tax Annual Amount
    3698

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1912
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt

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    Listing Contact
    Michael Jensen
    Michael Jensen

    Listing agent Michael Jensen License #B58673

    Listing office Jensen Real Estate PO Box 721, Arnolds Park, IA

    Listing date Jun 16, 2026

    MLS# 260661 Listing URL

    Copyright © 2026 Iowa Great Lakes 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.

    HighLights

    • Three separate rental units in Arnolds Park: Unit 1 (4BR/2BA, ~2,100 SF), Unit 2 (2BR/1BA, ~520 SF), and Unit 3 (1BR/1BA, ~720 SF).
    • Unit 3 is currently occupied by a long‑term tenant paying $1,000 per month year‑round.
    • More than one‑third of an acre lot with views of Lake Minnewashta and a spacious lawn with string lighting.
    • Just one block from downtown Arnolds Park nightlife and restaurants.
    • One block from Arnolds Park Amusement Park and one block from the public beach on West Lake Okoboji.
    • Built in 1912; exterior vinyl siding with forced‑air heating, asphalt roof, public water, and public sewer.

    Overview

    This triplex rental property is configured as three separate units, offering flexible use for full-time, vacation, or mixed occupancy. Unit 1, The Boathouse, features 4 bedrooms and 2 bathrooms with approximately 2,100 square feet of living space. Unit 2, The Fieldhouse, has 2 bedrooms and 1 bathroom with approximately 520 square feet. Unit 3, The Koppert Suite, is a 1-bedroom, 1-bathroom apartment of approximately 720 square feet and is currently occupied by a long-term tenant paying $1,000 per month year-round.

    Set on more than one-third of an acre, the property includes a spacious lawn and outdoor string lighting, with views of Lake Minnewashta. The address is 41 Dewey Street in Arnolds Park, Iowa, and the home is described as being within one block of downtown Arnolds Park nightlife and restaurants, one block from Arnolds Park Amusement Park, and one block from the public beach on West Lake Okoboji near Bob’s.

    For tenants, families, or investors seeking independent living spaces within a single building, this layout supports multiple household types and booking styles. The presence of an in-place long-term tenant in Unit 3 can provide immediate rental income while other units may be positioned for short-term or seasonal use, depending on the operator’s plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arnolds Park
    County
    Dickinson
    State
    Iowa
    Longitude
    -95.1312915
    Latitude
    43.3658016

    FAQs

    What type of property is this?
    Triplex - Three distinct rental units, including a long-term tenant, with outdoor gathering space and lake views in Arnolds Park.
    Where is this triplex located?
    The property is located at 41 Dewey Street Arnolds Park, IA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Three separate rental units in Arnolds Park: Unit 1 (4BR/2BA, ~2,100 SF), Unit 2 (2BR/1BA, ~520 SF), and Unit 3 (1BR/1BA, ~720 SF).; Unit 3 is currently occupied by a long‑term tenant paying $1,000 per month year‑round.; More than one‑third of an acre lot with views of Lake Minnewashta and a spacious lawn with string lighting.
    More about this property
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