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    Colfax, IA
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    Colfax, IA Multifamily Properties for Sale

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    Mitchellville, IA Mingo, IA Bondurant, IA Maxwell, IA Altoona, IA Baxter, IA Elkhart, IA Prairie City, IA
    Turn-Key 22-Unit Apartment Complex
    Updated: May 31
    Turn-Key 22-Unit Apartment Complex

    24 N MAPLE ST, Colfax, IA 50054

    $1,800,000
    7,824 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 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.

    Duplex Residential Income Property
    Duplex Residential Income Property

    118 W 11th Street N, Newton, IA 50208

    $170,900
    1,568 sqft 0.20 AC lot

    Rented 2-bedroom, 1-bath units with appliances and storage sheds, sold together with an adjacent single-family home.

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    Duplex Income Portfolio Opportunity
    Duplex Income Portfolio Opportunity

    204 N Main Street, Baxter, IA 50028

    $325,000
    2,616 sqft 0.21 AC lot

    For sale investor package includes 18 units across 9 duplex buildings in Baxter, Iowa.

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    Duplex Income Property Portfolio
    Duplex Income Property Portfolio

    200 N Main Street, Baxter, IA 50028

    $325,000
    2,616 sqft

    For sale as a 9-building, 18-unit duplex package in Baxter, IA, with inside photos similar across units.

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    Newton Iowa Apartment Portfolio
    Newton Iowa Apartment Portfolio

    115 South 5th Avenue West, Newton, IA 50208

    $670,000
    8,424 sqft 0.51 AC lot

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

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    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.

    Developed Multi-Pad Development Land
    Developed Multi-Pad Development Land

    N 41st St, Bethany, MO 64424

    $249,900
    10.00 AC lot

    10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

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    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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    Leavenworth Land For Sale
    Leavenworth Land For Sale

    13788 McIntyre1 Road, Leavenworth, KS 66048

    $1,750,000
    35.00 AC lot

    35 acre commercial lot with utilities ready for development.

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    Residential Lot in Wellsville, MO
    Residential Lot in Wellsville, MO

    412 Washington Street, Wellsville, MO 63384

    Contact for pricing
    0.17 AC lot

    Ready-to-build residential lot in a charming small town.

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    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

    Value Estimation by Request
    3.22 AC lot
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    300 Kelly St
    MOBILE HOME PARK, TRAILER PARK

    300 Kelly St, Colfax, IA 50054-1434

    Value Estimation by Request
    1.16 AC lot
    View details
    Colfax, IA 50054
    MOBILE HOME PARK, TRAILER PARK

    Colfax, IA 50054

    Value Estimation by Request
    0.91 AC lot
    View details

    Colfax, IA Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Colfax, IA on our real estate platform. These investment opportunities span a total of 7,824 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for multifamily properties in Colfax, IA average $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

    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 $1.8M

    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)

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