Multifamily

Monticello, IA Multifamily Properties for Sale

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New 12-Unit Apartment Community
Updated: Jun 19
New 12-Unit Apartment Community

605 East 1st Street, Monticello, IA 52310

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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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See what stands out in Jones 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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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

Opportunities in Nearby Cities

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

Duplex with Separate Utilities
Duplex with Separate Utilities

339 30th Street Drive SE, Cedar Rapids, IA 52403

$177,000
1,698 sqft

Two-unit residential property with individual utility service, in-unit appliances, basement storage, and attached garage improvements.

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Updated Duplex with Garages
Updated Duplex with Garages

333 30th Street Drive SE, Cedar Rapids, IA 52403

$177,000
1,728 sqft

Separate utility systems support tenant-paid utility arrangements.

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High-Density Multifamily Property
High-Density Multifamily Property

2750 10th Street, Marion, IA 52302

$297,000

Multifamily property for sale currently zoned MR-2 High Density Multifamily Residential.

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Residential Income Multi-Family
Residential Income Multi-Family

4681 Vasey Ave, Marion, IA 52302

$260,000

Residential income multifamily property for sale in Marion, Iowa.

View details

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.

516 Northhaven Dr
MOBILE HOME PARK, TRAILER PARK

516 Northhaven Dr, Monticello, IA 52310-2019

$250,000
Estimated value
2.60 AC lot
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Monticello, IA 52310
MOBILE HOME PARK, TRAILER PARK

Monticello, IA 52310

$265,000
Estimated value
480 sqft 40.00 AC lot
View details
Monticello, IA 52310
MOBILE HOME PARK, TRAILER PARK

Monticello, IA 52310

$225,000
Estimated value
2.22 AC lot
View details
218 Pontiac Dr
MOBILE HOME PARK, TRAILER PARK

218 Pontiac Dr, Monticello, IA 52310-8011

$255,000
Estimated value
4,800 sqft
View details

Monticello, IA Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Monticello, IA on our real estate platform. These investment opportunities span a total of 11,388 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 6,384
Population Growth (5Y) +0.4%
Median Household Income $76,946
College Educated 26.0%

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $34.30 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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