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    Milford, IA
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    Milford, IA Multifamily Properties for Sale

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    Spirit Lake, IA Arnolds Park, IA Okoboji, IA Spencer, IA Montgomery, IA Orleans, IA Lake Park, IA Dickens, IA
    17-Unit Apartment Property
    Updated: Aug 17
    17-Unit Apartment Property

    2212 Okoboji Ave, Milford, IA 51351

    $950,000
    10,882 sqft 0.35 AC lot
    17 accommodations: 10 conventional apartments and 7 furnished dormitory‑style rooms
    10,882 square feet on 0.35 acres
    Built in 1947
    Fully occupied
    Located on Hwy 71 in Milford, within the Okoboji lake region
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    Wetland-Adjacent Duplex
    Updated: Jul 31
    Wetland-Adjacent Duplex

    603 202nd Street, Milford, IA 51351

    $499,000
    2,988 sqft 0.23 AC lot
    2,988‑square‑foot duplex built in 2007
    0.2348‑acre lot directly on a large wetland
    Two levels with large living areas and three bathrooms
    Main‑floor primary suite, bedrooms, and laundry
    Covered deck and association swimming pool access
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    24-Unit Apartment Building
    24-Unit Apartment Building

    1209 6th Street, Milford, IA 51351

    $2,759,500

    The property combines varied apartment layouts with garages, storage units and on-site parking.

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    See hot listings in Milford

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Newly Built Duplex with Heated Garage
    Newly Built Duplex with Heated Garage

    605 202nd St, Milford, IA 51351

    $499,000
    2,283 sqft

    Four-bedroom, four-bath layout includes three-zone HVAC and EV charging readiness.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Milford, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Lake-View Triplex with Three Units
    Lake-View Triplex with Three Units

    41 Dewey St, Arnolds Park, IA 51331

    $699,000
    3,336 sqft

    Three distinct units support vacation stays and long-term occupancy, with a lawn designed for outdoor gatherings.

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    Triplex with Lake Views
    Triplex with Lake Views

    41 Dewey Street, Arnolds Park, IA 51331

    $699,000
    0.32 AC lot

    Three distinct residences offer a mix of vacation-oriented and long-term rental use near downtown, entertainment, and public waterfront access.

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    New Construction Waterfront Duplex
    New Construction Waterfront Duplex

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,834 sqft

    Contemporary duplex with a walk-out lower level, second kitchen, lake access, and two laundry stations.

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    Waterfront Duplex with Walk-Out Lower Level
    Waterfront Duplex with Walk-Out Lower Level

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,848 sqft

    Contemporary duplex under construction with lake access, dual kitchens, and two laundry stations.

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    Off-Market Properties in Milford, IA

    Consider similar Off-Market properties in Milford, 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.

    20200 232nd Ave
    MOBILE HOME PARK, TRAILER PARK

    20200 232nd Ave, Milford, IA 51351-7380

    Estimated value:
    $465,000
    2.66 AC lot
    View details
    1411 6th St
    MOBILE HOME PARK, TRAILER PARK

    1411 6th St, Milford, IA 51351-1764

    Estimated value:
    $240,000
    5.53 AC lot
    View details
    806 28th St
    MOBILE HOME PARK, TRAILER PARK

    806 28th St, Milford, IA 51351-7132

    Estimated value:
    $265,000
    14.51 AC lot
    View details
    2033 200th St
    MOBILE HOME PARK, TRAILER PARK

    2033 200th St, Milford, IA 51351-7217

    Estimated value:
    $230,000
    2.15 AC lot
    View details

    Milford, IA Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Milford, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,153 square feet of properties for sale, with an estimated market value of $4,707,500.

    Sale prices for multifamily properties in Milford, IA start at $499,000, averaging $1,176,875, and reaching up to $2,759,500 — 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
    Duplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 4,990
    Population Growth (5Y) +13.5%
    Median Household Income $67,628
    College Educated 39.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    51351 $1M

    Taxes & Financing

    Tax Rate (average for all types) 1.57%
    Property Tax per SF $12.29 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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