Newton, IA Multifamily properties for sale

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.

Here's a quick look at some key insights for

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

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Est. Cap Rate

7.6%
Above avg (5.9%)
Est. NOI

$51K
Annual
Price @ 7% Cap

$725K
Above asking
Property Type

Single Family Residence
Built 1920

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Updated: Jun 12

Duplex Residential Income Property

118 W 11th Street N, Newton, IA 50208

$170,900

1,568 sqft 0.20 AC lot

Duplex built in 2001 with wood siding and asphalt shingle roof
Each unit has 2 bedrooms and 1 bathroom
Units include appliances: refrigerator, stove, washer, and dryer
Each unit has its own storage shed
Heating: natural gas forced air; cooling: window unit(s)

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Two-Story Duplex With Separate Entrances

412 S 2nd Avenue E, Newton, IA 50208

$154,000

1,908 sqft 0.20 AC lot

Two-unit layout with separate utilities and rear alley access, complemented by recent exterior updates and a remodeled upper level.

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Updated Duplex with Garage

502 E 12th Street S, Newton, IA 50208

$189,900

1,440 sqft 0.18 AC lot

Updated duplex with modern features, new roof, and garage.

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Newton Iowa Multifamily Investment Opportunity

305 East 25th Street North, Newton, IA 50208

$250,000

2,496 sqft 0.58 AC lot

Multifamily property with four units in Newton, Iowa.

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New Construction Duplex in Newton

2389 N 10 Avenue E, Newton, IA 50208

$390,000

1,452 sqft

New 2-bedroom, 2.5-bathroom duplex in a quiet cul-de-sac.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 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, 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.

Duplex Multi-Family Investment Package

204 N Main Street, Baxter, IA 50028

$325,000

2,616 sqft 0.21 AC lot

18-unit, nine-building duplex portfolio in Baxter, IA, offered individually or as a package for income-focused buyers.

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Updated Duplex with Two Entrances

711 7th Avenue, Grinnell, IA 50112

$225,000

2,312 sqft 0.11 AC lot

Fully updated duplex offers two separate units, including off-street parking, for investor or owner-occupant buyers.

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Ranch Duplex Income Property

200 N Main Street, Baxter, IA 50028

$325,000

2,616 sqft

Ranch-style duplexes offered as an 18-unit, 9-building investor package in Baxter with a 48-hour showing request.

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Downtown Multifamily and Bar Buildings

717 & 721 4th Avenue, Grinnell, IA 50112

$350,000

0.18 AC lot

Package sale includes occupied apartments and an operating tavern with bar fixtures included.

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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.

Commercial Development Land with Dirt Pads

N 41st St, Bethany, MO 64424

$300,000

10.00 AC lot

10-acre commercial parcel with professionally constructed dirt pads and laid-out roadway, positioned for multi-unit rental development.

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Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900

9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Residential Lot in Wellsville, MO

412 Washington Street, Wellsville, MO 63384

Contact for pricing

0.17 AC lot

Ready-to-build residential lot in a charming small town.

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Leavenworth Land For Sale

13788 McIntyre1 Road, Leavenworth, KS 66048

$1,750,000

35.00 AC lot

35 acre commercial lot with utilities ready for development.

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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.

MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

6.82 AC lot

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Newton, IA Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Newton, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 21,714 square feet of properties for sale, with an estimated market value of $2,229,800.

Sale prices for multifamily properties in Newton, IA start at $154,000, averaging $318,542, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
50208	$318.5K

Neighborhood

Average Price

50208

$318.5K