Triplex

Montezuma, IA Triplexes for Sale

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Updated Triplex Investment Property
Updated: Jun 30
Updated Triplex Investment Property

415 E Main Street, Montezuma, IA 50171

$189,000
2,798 sqft 0.20 AC lot
Three‑unit property with 2,798 square feet of building area
Fully occupied triplex with two 1‑bedroom units and one 3‑bedroom unit
Business/Commercial zoning on a 0.2‑acre lot
Updates within the last 24 months include kitchen, shower, flooring, paint, and a renovated third bedroom
Separate electric meters, HVAC systems, and laundry hookups for all three units
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Updated Fully Occupied Triplex
Updated: Jul 1
Updated Fully Occupied Triplex

415 E Main St, Montezuma, IA 50171

$189,000
2,798 sqft
2,798‑square‑foot triplex with three occupied units
Unit mix includes two 1‑bedroom units and one 3‑bedroom upper‑level unit
Each unit has its own electric meter, HVAC system, full bath, kitchen, and laundry hookups
Portions of all three units updated within the last 24 months
Metal roof, vinyl siding, replacement windows, and circuit breaker panels
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Montezuma, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Triplex with Flexible Commercial Space
Triplex with Flexible Commercial Space

1422 1St Avenue E, Newton, IA 50208

$294,900
3,649 sqft 0.71 AC lot

Three separately entered units include residential layouts and a flexible commercial area.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

1604 5th Avenue, Grinnell, IA 50112

$129,500
2,435 sqft 0.35 AC lot

Vacant income property with one apartment on each floor and off-street parking.

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Triplex with Flexible Commercial Space
Triplex with Flexible Commercial Space

1422 1st Ave E, Newton, IA 50208

$294,900
6,130 sqft

Three individually accessed units combine residential layouts with adaptable storefront or office use and separately metered utilities.

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3-Unit Multifamily Property
3-Unit Multifamily Property

1221 Main St, Grinnell, IA 50112

$299,000
2,891 sqft

Two-story main residence with two additional apartments, a large yard, and parking accessed from the property and alley.

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Montezuma, IA Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Montezuma, IA on our real estate platform. These investment opportunities span a total of 5,596 square feet of properties for sale, with an estimated market value of $378,000.

Sale prices for three-family homes in Montezuma, IA average $189,000 — 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

Triplexes 2

Demographics Overview

Population 2,445
Population Growth (5Y) -5.3%
Median Household Income $55,944
College Educated 23.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50171 $189K

Taxes & Financing

Tax Rate (average for all types) 1.74%
Property Tax per SF $25.50 per SF
Tax Rate vs County Average 0.45 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Poweshiek County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Poweshiek County

Residential Income

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