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    Newton, IA
    Residential Income

    Newton, IA Residential Income Properties for Sale

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    Kellogg, IA Reasnor, IA Baxter, IA Colfax, IA Laurel, IA Melbourne, IA Grinnell, IA Mingo, IA
    6 properties
    Up-and-Down Duplex with Private Entrances
    Updated: Apr 17
    Up-and-Down Duplex with Private Entrances

    412 S 2nd Avenue E, Newton, IA 50208

    $154,000
    1,908 sqft 0.20 AC lot
    Up‑and‑down duplex with separate private entrances and separate kitchens
    10.6% cap rate per public remarks
    New roof installed in 2023 and new siding completed in 2024
    Upper unit fully remodeled with new black appliances and new vinyl plank flooring
    Newer Lennox furnace plus laundry hookups on both floors
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    This listing looks promising.

    Here's a quick look at some key insights for

    412 S 2nd Avenue E, Newton, IA 50208

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $179K
      Above asking

    • Property Type

      Duplex
      Built 1930
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    Duplex with Two-Bedroom Units
    Updated: Jun 12
    Duplex with Two-Bedroom Units

    118 W 11th Street N, Newton, IA 50208

    $170,900
    1,568 sqft 0.20 AC lot
    Two units, each with two bedrooms and one bathroom
    In‑unit appliances included: washer, dryer, refrigerator, stove
    Each unit has its own storage shed
    Forced‑air natural gas heat with window unit(s) cooling
    Wood siding construction with asphalt shingle roof
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    Duplex Under Construction With Deck
    Duplex Under Construction With Deck

    2389 N 10 Avenue E, Newton, IA 50208

    $390,000
    1,452 sqft

    Under-construction duplex in an HOA community featuring two bedrooms, 2.5 baths, a deck, garage parking, and central air.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Newton Iowa Apartment Portfolio
    Newton Iowa Apartment Portfolio

    115 South 5th Avenue West, Newton, IA 50208

    $670,000
    8,424 sqft 0.51 AC lot

    12-unit apartment building with recent roof improvements in Newton, Iowa.

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    Newton Iowa Multifamily Investment Opportunity
    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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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 Active listings in Newton, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    18-Unit Ranch Duplex Portfolio
    18-Unit Ranch Duplex Portfolio

    204 N Main Street, Baxter, IA 50028

    $325,000
    2,616 sqft 0.21 AC lot

    18-unit duplex portfolio in a ranch style with central air, natural gas forced-air heat, and public water and sewer.

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    18-Unit Duplex Portfolio
    18-Unit Duplex Portfolio

    200 N Main Street, Baxter, IA 50028

    $325,000
    2,616 sqft

    18-unit duplex portfolio built 2018 with ranch design, central air, garages, and public water and sewer.

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    Rental Home Portfolio
    Rental Home Portfolio

    725 Spring Street, Grinnell, IA 50112

    $1,415,000
    18,092 sqft 3.20 AC lot

    Portfolio sale includes 12 rental homes in Poweshiek County, with parcels 0725000 through 0647600 included.

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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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    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.

    Land in Arbor Estates
    Land in Arbor Estates

    1020 E 26th Street N, Newton, IA 50208

    $95,000
    0.83 AC lot

    Land in a fast-growing Newton community with outdoor enjoyment.

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    Residential Lot in Growing Community
    Residential Lot in Growing Community

    311 Willow Street, Baxter, IA 50028

    $39,900
    0.28 AC lot

    Residential building lot in Baxter, near Des Moines metro area.

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    Residential Lot in Growing Community
    Residential Lot in Growing Community

    309 Willow Street, Baxter, IA 50028

    $39,900
    0.28 AC lot

    Residential building lot in Baxter, near Des Moines metro area.

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    Residential Lot in Growing Community
    Residential Lot in Growing Community

    307 Willow Street, Baxter, IA 50028

    $39,900
    0.28 AC lot

    Residential building lot in Baxter, IA, with utilities in place.

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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.

    Highway F48
    Land

    0 Highway F48, Newton, IA 50208

    Value Estimation by Request
    97.67 AC lot
    View details
    3044 Hwy 14th N
    MOBILE HOME PARK, TRAILER PARK

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

    Value Estimation by Request
    6.82 AC lot
    View details

    Newton, IA Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Newton, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 46,917 square feet of properties for sale, with an estimated market value of $4,229,900.

    Sale prices for residential income properties in Newton, IA start at $154,000, averaging $704,983, 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

    Multifamily properties 7
    Apartment buildings 3
    Duplexes 3
    Quadplexes 1

    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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