Multifamily

Milford, IA Multifamily Properties for Sale

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West Okoboji, IA Spirit Lake, IA Arnolds Park, IA Wahpeton, IA Fostoria, IA Spencer, IA Terril, IA Orleans, IA
17-Unit Apartment Building
Updated: Aug 17
17-Unit Apartment Building

2212 Okoboji Ave, Milford, IA 51351

$950,000
10,882 sqft 0.35 AC lot
17 total units, including 10 traditional apartments and 7 furnished dorm‑style rooms
10,882‑square‑foot residential income property on 0.35 acres
Built in 1947
Residential zoning
Frontage along Hwy 71 in Milford, Iowa
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Wetland-Adjacent Duplex
Updated: Jul 31
Wetland-Adjacent Duplex

603 202nd Street, Milford, IA 51351

$550,000
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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Two-Bedroom Duplex with Sunroom
Two-Bedroom Duplex with Sunroom

3337 Prairie Meadow Drive, Milford, IA 51351

$439,500
1,416 sqft 0.18 AC lot

Single-level duplex residence with an open layout, private primary suite, finished garage, and access to shared community amenities.

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See what stands out in Dickinson County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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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Single-Level Duplex with Garage
Single-Level Duplex with Garage

3337 Prairie Meadow Drive A, Milford, IA 51351

$354,500
1,416 sqft

One-story living includes a private patio, attached garage, and access to shared recreational amenities.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 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.

Townhome-Style Apartment Buildings
Townhome-Style Apartment Buildings

3300 Sunner Ave Bldg A & B, Spirit Lake, IA 51360

$1,395,000
14,784 sqft

Twelve-unit multifamily property with attached garages, in-unit laundry, and walk-out patios.

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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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Near-New Ranch Duplex
Near-New Ranch Duplex

1940 35th Street, Spirit Lake, IA 51360

$399,000
2,439 sqft 0.24 AC lot

Near-new ranch duplex with two bedrooms plus additional lower-level living space, fireplace, patio, and central air.

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Golf Course Patio Home
Golf Course Patio Home

1018 Emerald Hills Drive, Arnolds Park, IA 51331

$595,000
1,885 sqft

Move-in ready duplex on Emerald Hills Golf Course.

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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

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

1411 6th St, Milford, IA 51351-1764

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

806 28th St, Milford, IA 51351-7132

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

2033 200th St, Milford, IA 51351-7217

$230,000
Estimated value
2.15 AC lot
View details

Milford, IA Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Milford, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 18,985 square feet of properties for sale, with an estimated market value of $2,793,000.

Sale prices for multifamily properties in Milford, IA start at $354,500, averaging $558,600, and reaching up to $950,000 — 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

Duplexes 4
Apartment buildings 1
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 $558.6K

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%

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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