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    Colfax, IA
    Multifamily

    Colfax, IA Multifamily Properties for Sale

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    Mitchellville, IA Maxwell, IA Mingo, IA Bondurant, IA Altoona, IA Runnells, IA Elkhart, IA Prairie City, IA
    Mixed-Use Building with Apartments
    Updated: Oct 1
    Mixed-Use Building with Apartments

    12 W Howard Street, Colfax, IA 50054

    $190,000
    0.05 AC lot
    Three upper‑level apartments: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
    Street‑level retail space is occupied under a long‑term lease
    0.05‑acre parcel at 12 W Howard Street in Colfax
    Built in 1900; public water and public sewer
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    Turn-Key 22-Unit Apartment Complex
    Updated: Jun 1
    Turn-Key 22-Unit Apartment Complex

    24 N Maple St, Colfax, IA 50054

    $1,600,000
    9,420 sqft 0.89 AC lot
    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
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 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

    Opportunities in Nearby Cities

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

    Duplex with Private Storage Sheds
    Duplex with Private Storage Sheds

    118 W 11th Street N, Newton, IA 50208

    $170,900
    1,568 sqft 0.20 AC lot

    Each unit includes bedrooms, a bathroom, appliances, and a dedicated storage shed.

    View details
    18-Unit Duplex Portfolio
    18-Unit Duplex Portfolio

    200 N Main St, Baxter, IA 50028

    $325,000
    2,616 sqft

    Recently built duplex properties support residential occupancy and rental use across multiple Iowa communities.

    View details
    18-Unit Duplex Package
    18-Unit Duplex Package

    208 S Main St, Baxter, IA 50028

    $325,000
    2,616 sqft

    Multi-building duplex portfolio spanning three Iowa communities with 2018 construction.

    View details
    38-Unit Apartment Building
    38-Unit Apartment Building

    320 West 3rd Street North, Newton, IA 50208

    Contact for pricing
    31,836 sqft

    Modern multifamily community near Newton’s Downtown District and Iowa Speedway.

    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

    400 Ryan St, Colfax, IA 50054-1750

    Estimated value:
    $240,000
    3.22 AC lot
    View details
    300 Kelly St
    MOBILE HOME PARK, TRAILER PARK

    300 Kelly St, Colfax, IA 50054-1434

    Estimated value:
    $240,000
    1.16 AC lot
    View details
    Colfax, IA 50054
    MOBILE HOME PARK, TRAILER PARK

    Colfax, IA 50054

    Estimated value:
    $240,000
    0.91 AC lot
    View details

    Colfax, IA Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Colfax, IA on our real estate platform. These investment opportunities span a total of 9,420 square feet of properties for sale, with an estimated market value of $1,790,000.

    Sale prices for multifamily properties in Colfax, IA start at $190,000, averaging $895,000, and reaching up to $1,600,000 — 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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2

    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 average listing prices of real estate assets

    Neighborhood Average Price
    50054 $1.6M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Jasper County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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