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    Milford, IA
    Residential Income

    Milford, IA Residential Income Properties for Sale

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    West Okoboji, IA Spirit Lake, IA Arnolds Park, IA Wahpeton, IA Okoboji, IA Montgomery, IA Spencer, IA Orleans, 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 units: 10 conventional apartments and 7 furnished, dorm‑style rooms
    10,882 square feet on a 0.35‑acre site
    Built in 1947
    On Hwy 71 at 2212 Okoboji Ave in Milford, Iowa
    Reported fully occupied
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    Wetland-Adjacent Duplex
    Updated: Jul 31
    Wetland-Adjacent Duplex

    603 202nd Street, Milford, IA 51351

    $499,000
    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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    24-Unit Apartment Building
    24-Unit Apartment Building

    1209 6th Street, Milford, IA 51351

    $2,500,000

    The property combines varied apartment layouts with garages, storage units and on-site parking.

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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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    4 active listings match your search: Residential Income for sale in Milford, IA. Based on your search, we've also compiled 10 Potential Opportunities for your consideration: 4 properties in nearby cities, 4 off-market properties to explore as potential leads, and 2 land listings with development potential.

    Opportunities in Nearby Cities

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

    Two-Bedroom Ranch Townhome
    Two-Bedroom Ranch Townhome

    1614 W 11th St., Spencer, IA 51301

    $269,900
    1,223 sqft 0.13 AC lot

    New construction includes an attached heated garage and covered outdoor space.

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    Lakeshore Duplex
    Lakeshore Duplex

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,848 sqft

    A walk-out lower level adds a second kitchen and living area with direct access to the water.

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    Lakeshore Duplex
    Lakeshore Duplex

    16822 255th Street, Spirit Lake, IA 51360

    $1,990,000
    3,834 sqft

    New construction offers a multi-level layout with access to the water.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    807 4th Avenue W, Spencer, IA 51301

    $63,000

    The building contains three residential units in Spencer, Iowa.

    View details

    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.

    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 16,153 square feet of properties for sale, with an estimated market value of $4,448,000.

    Sale prices for residential investment properties in Milford, IA start at $499,000, averaging $1,112,000, and reaching up to $2,500,000 — 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
    Apartment buildings 2
    Duplexes 2
    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 $1.1M

    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)

    How Realmo verifies these figures

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