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    Milford, IA
    Residential Income

    Milford, IA Residential Income Properties for Sale

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    Spirit Lake, IA Arnolds Park, IA Wahpeton, IA Okoboji, IA Fostoria, IA Spencer, IA Orleans, IA Lake Park, 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‑unit community with 10 traditional apartments and 7 furnished dorm‑style rooms
    10,882‑square‑foot building on a 0.35‑acre site
    Furnished rooms are suitable for short‑term rental platforms
    Fully occupied property with an established rental history
    Built in 1947
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    Wetland-Adjacent Duplex
    Updated: Jul 31
    Wetland-Adjacent Duplex

    603 202nd Street, Milford, IA 51351

    $525,000
    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

    $429,500
    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 hot listings in Milford

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 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, 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.

    Lake-View Triplex with Three Units
    Lake-View Triplex with Three Units

    41 Dewey St, Arnolds Park, IA 51331

    $699,000
    3,336 sqft

    Three distinct units support vacation stays and long-term occupancy, with a lawn designed for outdoor gatherings.

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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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    Ranch Duplex with Patio
    Ranch Duplex with Patio

    1940 35th Street, Spirit Lake, IA 51360

    $399,000
    2,439 sqft 0.24 AC lot

    Ranch-style duplex with a fireplace, patio, central air, and public utilities.

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    New Construction Waterfront Duplex
    New Construction Waterfront Duplex

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,834 sqft

    Contemporary duplex with a walk-out lower level, second kitchen, lake access, and two laundry stations.

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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.

    Prime Waterfront Land on Okoboji
    Prime Waterfront Land on Okoboji

    2204 Manhattan Boulevard, Wahpeton, IA 51351

    $3,795,000
    0.63 AC lot

    Incredible West Lake Okoboji building lot with stunning views.

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    Estherville Land for Dream Home
    Estherville Land for Dream Home

    1663 365th Avenue, Estherville, IA 51334

    Contact for pricing
    0.67 AC lot

    Elite Country Club Estates lot ready for your dream home.

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    Two-Lot Commercial Land
    Two-Lot Commercial Land

    N Cedar Avenue, Graettinger, IA 51342

    $34,999

    Two undeveloped parcels offer commercial zoning, with utilities positioned along the adjacent street.

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    Undeveloped Land Near Five Island
    Undeveloped Land Near Five Island

    N Huron Road, Emmetsburg, IA 50536

    $294,000
    18.85 AC lot

    18.85 acres of land near Five Island Lake.

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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

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

    1411 6th St, Milford, IA 51351-1764

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

    806 28th St, Milford, IA 51351-7132

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

    2033 200th St, Milford, IA 51351-7217

    Estimated value:
    $230,000
    2.15 AC lot
    View details

    Milford, IA Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Milford, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,569 square feet of properties for sale, with an estimated market value of $2,403,500.

    Sale prices for residential income properties in Milford, IA start at $429,500, averaging $600,875, 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

    Multifamily properties 4
    Duplexes 3
    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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