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    Colfax, IA Multifamily Properties for Sale

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    Mitchellville, IA Mingo, IA Bondurant, IA
    Colfax Multifamily Investment Opportunity
    $1,800,000
    9,420 SF
    Colfax Multifamily Investment Opportunity

    24 N Maple Street, Colfax, IA 50054

    Well-maintained 22-unit apartment complex in Colfax, Iowa.
    • 100% Occupancy: Provides immediate and reliable cash flow.
    • 22 Units (all 2 bed/1 bath): Offers a substantial rental income stream.
    • Turn‑Key Investment: Well‑maintained, single‑owner property ready for immediate operation.
    • Strong Rental Demand: Located in a stable Iowa community near amenities, schools, and transportation.
    • Solid Construction (Built in 1996): Vintage‑style multi‑family property with functional floor plans.
    Updated: May 26
    View details
    Turn-Key 22-Unit Apartment Complex
    $1,800,000
    7,824 SF
    Turn-Key 22-Unit Apartment Complex

    24 N MAPLE ST, Colfax, IA 50054

    Well-maintained, fully occupied apartment complex with 22 spacious 2-bedroom units and ample parking on nearly an acre.
    • Apartment complex built in 1996 featuring 3 buildings totaling 7,824 SF on a 0.89‑acre lot
    • 22 units with all layouts configured as 2‑bedroom, 1‑bath apartments
    • 100% occupancy reported for the 22 units
    • Single‑owner, family‑owned and operated property
    • Ample parking and outdoor space included on the 0.89‑acre site
    Updated: May 31
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Colfax, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Two-Story Newton Multifamily Property
    $154,000
    1,908 SF
    Versatile Two-Story Newton Multifamily Property

    Two-story property with flexible single-family or duplex configuration.

    412 S 2nd Avenue E, Newton, IA 50208

    View details
    Well-Kept Duplex in Des Moines
    $260,000
    1,920 SF
    Well-Kept Duplex in Des Moines

    Two-story duplex with updates in a fantastic Des Moines location.

    4236 Boyd Street, Des Moines, IA 50317

    View details
    Well-Kept Duplex in Des Moines
    $265,000
    1,472 SF
    Well-Kept Duplex in Des Moines

    Desirable Des Moines duplex with separate driveways and fenced yards.

    4230/4232 Boyd Street, Des Moines, IA 50317

    View details
    Newton Iowa Apartment Portfolio
    $700,000
    8,424 SF
    Newton Iowa Apartment Portfolio

    12-unit apartment building with recent roof improvements in Newton, Iowa.

    115 South 5th Avenue West, Newton, IA 50208

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Improved Residential Lot Ready-to-Go
    Contact for pricing
    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065

    View details
    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres
    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565

    View details
    Bethany Land Ready For Development
    $300,000
    10.00 Acres
    Bethany Land Ready For Development

    10-acre commercial property with development potential near I-35.

    0 N 41st St, Bethany, MO 64424

    View details
    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres
    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131

    View details

    Off-Market Properties in Colfax, IA

    Consider similar Off-Market properties in Colfax, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    400 Ryan St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.22 Acres
    Value Estimation by Request

    400 Ryan St, Colfax, IA 50054-1750

    View details
    300 Kelly St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.16 Acres
    Value Estimation by Request

    300 Kelly St, Colfax, IA 50054-1434

    View details
    Colfax, IA 50054
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.91 Acres
    Value Estimation by Request

    Colfax, IA 50054

    View details

    Colfax, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Colfax, IA on our real estate platform. These investment opportunities span a total of 17,244 square feet of properties for sale, with an estimated market value of $3,600,000.

    Sale prices for multifamily properties in Colfax, IA start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 3

    Demographics Overview

    Population 3,179
    Population Growth (5Y) +9.3%
    Median Household Income $91,204
    College Educated 31.8%

    High-Yield Neighborhoods for Investment

    Identify Colfax submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    50054 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $37.20 per sq ft
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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