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    Montezuma, IA
    Triplex

    Montezuma, IA Triplexes for Sale

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    Deep River, IA Brooklyn, IA Gibson, IA
    Fully Occupied Triplex with Separate Meters
    Updated: Jun 30
    Fully Occupied Triplex with Separate Meters

    415 E Main Street, Montezuma, IA 50171

    $189,000
    2,798 sqft · 0.20 AC lot
    Fully occupied 3‑unit triplex with monthly rent of $2,200; Main level $600 (1BR) and $700 (1BR); Upper level $900 (3BR).
    Owner and tenant costs: tenants pay their own utilities; owner pays mowing and snow removal.
    Unit updates within last 24 months: main floor kitchen updated in '26; upstairs shower, kitchen floor and paint in '26; new windows and renovated 3rd bedroom in upper unit.
    Each unit has a full bath, kitchen with owner‑owned appliances, its own electric meter, HVAC, and laundry hookups.
    Building has vinyl siding and a metal roof; forced‑air heating; public water; circuit breaker panels and updated windows.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Grinnell Triplex with Income Potential
    Grinnell Triplex with Income Potential

    1221 Main Street, Grinnell, IA 50112

    $299,000
    2,891 sqft · 0.28 AC lot

    Three-unit property in Grinnell, ideal for investors or owner-occupants.

    View details
    Grinnell Triplex Investment Opportunity
    Grinnell Triplex Investment Opportunity

    1604 5th Avenue, Grinnell, IA 50112

    $133,500
    2,435 sqft · 0.35 AC lot

    Triplex near downtown Grinnell and college, great investment potential.

    View details
    Washington, Iowa Multi-Family Property
    Washington, Iowa Multi-Family Property

    508 N Iowa Avenue, Washington, IA 52353

    $120,000
    2,146 sqft · 0.20 AC lot

    Multi-family property in Washington, Iowa, with 2,146 square feet.

    View details
    Triplex Income Property
    Triplex Income Property

    508 N Iowa Ave, Washington, IA 52353

    $120,000

    Three well-defined units with separate heating systems and established long-term renters near downtown Washington.

    View details

    Montezuma, IA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Montezuma, IA on our real estate platform. These investment opportunities span a total of 2,798 square feet of properties for sale, with an estimated market value of $189,000.

    Sale prices for three-family homes in Montezuma, IA start at $189,000, averaging $189,000, and reaching up to $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 1

    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 pricing trends across core commercial property types in Poweshiek County

    Residential Income

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