Monticello, IA Multifamily properties for sale

Updated: Jun 19

New 12-Unit Apartment Community

605 East 1st Street, Monticello, IA 52310

$1,700,000

11,388 sqft

Brand‑new 12‑unit apartment community built in 2025 in Monticello, IA
100% stabilized community with all 12 residences as two‑bedroom, one‑bath units
Private outdoor space: first‑floor units have a private patio; second- and third‑floor units have balconies
In‑unit washer/dryer hookups in every unit, with coin‑free washer and dryer rentals available on site
Kitchens include stove, microwave, dishwasher, and refrigerator in every unit

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This listing looks promising.

Here's a quick look at some key insights for

605 East 1st Street, Monticello, IA 52310

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$92K
Annual
Price @ 7% Cap

$1.31M
Suggested
Property Type

Apartments (Generic)
Built 2023

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Updated: Mar 10

Duplex with Private Unit Entrances

503 S Maple Street, Monticello, IA 52310

$115,000

1,820 sqft 0.20 AC lot

Duplex with frame construction built in 1900
Two separate units, each with 2 bedrooms and 1 bathroom
Each unit has a private entrance for separate access

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Monticello, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Downtown Mixed-Use Investment Building

101 W 1st Ave, Dyersville, IA 52040

$240,000

6,040 sqft

Fully occupied mixed-use building with two street-level retail/auto spaces and two upstairs two-bedroom apartments.

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Historic Mixed-Use Corner Building

7282 Columbus St, New Vienna, IA 52065

$199,000

3,793 sqft

Two-story brick building with a renovated main floor and flexible upper-level space, including new HVAC units and restroom plumbing.

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Unfinished Residential Income Duplex

1903 New Vienna Road, New Vienna, IA 52065

$106,500

0.11 AC lot

Unfinished property with active electric and separated water and gas services, with newer roof and substantial drywall/plaster work complete.

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Dyersville Mixed-Use Investment Opportunity

101 W 1st Avenue, Dyersville, IA 52040

$240,000

Turn-key, fully occupied mixed-use building in downtown Dyersville, 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.

Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000

2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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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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Off-Market Properties in Monticello, IA

Consider similar Off-Market properties in Monticello, 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.

MOBILE HOME PARK, TRAILER PARK

516 Northhaven Dr, Monticello, IA 52310-2019

Value Estimation by Request

2.60 AC lot

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MOBILE HOME PARK, TRAILER PARK

Monticello, IA 52310

Value Estimation by Request

480 sqft 40.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

Monticello, IA 52310

Value Estimation by Request

2.22 AC lot

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MOBILE HOME PARK, TRAILER PARK

218 Pontiac Dr, Monticello, IA 52310-8011

Value Estimation by Request

4,800 sqft

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