Multifamily

Newton, IA Multifamily Properties for Sale

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Newton Iowa Apartment Portfolio
Updated: Mar 25
Newton Iowa Apartment Portfolio

115 South 5th Avenue West, Newton, IA 50208

$670,000
8,424 sqft 0.51 AC lot
Part of a larger 22‑unit portfolio in Newton, Iowa.
Attractive 8.01% Cap Rate.
New roof installed in 2023.
12 Units total.
Mix of 1BR/1BA and 2BR/1BA units.
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This listing looks promising.

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115 South 5th Avenue West, Newton, IA, 50208

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Duplex with Private Storage Sheds
Updated: Jun 12
Duplex with Private Storage Sheds

118 W 11th Street N, Newton, IA 50208

$170,900
1,568 sqft 0.20 AC lot
Two‑unit duplex with 1,568 square feet
Each unit has 2 bedrooms and 1 bathroom
Separate storage shed provided for each unit
Appliances include a refrigerator, stove, washer, and dryer in each unit
Built in 2001 with wood siding and asphalt shingle roofing
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Two-Story Duplex with Separate Entrances
Two-Story Duplex with Separate Entrances

412 S 2nd Avenue E, Newton, IA 50208

$154,000
1,908 sqft 0.20 AC lot

Flexible two-level layout supports duplex occupancy or conversion to a single-family residence with updated exterior components.

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New Construction Duplex with Garage
New Construction Duplex with Garage

2389 N 10 Avenue E, Newton, IA 50208

$390,000
1,452 sqft

Under-construction duplex featuring open living areas, a deck, central air, and low-maintenance exterior materials.

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Courtyard Apartments Multifamily
Courtyard Apartments Multifamily

1453 North 11th Avenue East, Newton, IA 50208

$2,595,000
31,069 sqft 3.39 AC lot

Value-add 44-unit multifamily community with 2- and 3-bedroom units across townhome and apartment-style buildings.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Newton, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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 Detached Two-Car Garage
Duplex with Detached Two-Car Garage

929 - 931 Spring Street, Grinnell, IA 50112

$159,900
1,541 sqft 0.17 AC lot

Two residential units include a bonus room and alley-access parking.

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Ranch Duplex with Garage
Ranch Duplex with Garage

204 N Main Street, Baxter, IA 50028

$325,000
2,616 sqft 0.21 AC lot

2018 duplex with central air, forced-air natural gas heating, public utilities, and a garage.

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Ranch Duplex Package
Ranch Duplex Package

200 N Main Street, Baxter, IA 50028

$325,000
2,616 sqft

2018-built residential income property with garage parking, public utilities, and central air.

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Owner-Operated Bar and Multifamily Package
Owner-Operated Bar and Multifamily Package

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000
0.18 AC lot

Two downtown Grinnell buildings are offered together, including an owner-operated bar and two occupied 2-bed apartments.

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Off-Market Properties in Newton, IA

Consider similar Off-Market properties in Newton, 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.

3044 Hwy 14th N
MOBILE HOME PARK, TRAILER PARK

3044 Hwy 14th N, Newton, IA 50208-8594

$250,000
Estimated value
6.82 AC lot
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Newton, IA Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Newton, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 44,421 square feet of properties for sale, with an estimated market value of $3,979,900.

Sale prices for multifamily properties in Newton, IA start at $154,000, averaging $795,980, and reaching up to $2,595,000 — 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 3
Duplexes 3

Demographics Overview

Population 20K
Population Growth (5Y) -2.0%
Median Household Income $61,064
College Educated 24.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50208 $705K

Taxes & Financing

Tax Rate (average for all types) 3.02%
Property Tax per SF $34.07 per SF
Tax Rate vs County Average 0.22 pp above 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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