Triplex

Newton, IA Triplexes for Sale

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Triplex with Flexible Commercial Space
Updated: Sep 1
Triplex with Flexible Commercial Space

1422 1St Avenue E, Newton, IA 50208

$294,900
3,649 sqft 0.71 AC lot
3,649‑square‑foot triplex on 0.71 acres
Two residential units plus a flexible commercial or office area
Unit 1 includes 4 bedrooms, 1 full bath, 3/4 ensuite bath, and half bath
Unit 2 provides 2 bedrooms and 1 bathroom
Separate gas and electric meters for each unit
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Triplex with Flexible Commercial Space
Updated: Sep 2
Triplex with Flexible Commercial Space

1422 1st Ave E, Newton, IA 50208

$294,900
6,130 sqft
6,130 SF triplex built in 1904
Two residential units plus a flexible commercial or residential third unit
Unit 1 includes 4 bedrooms, 1 full bath, 1 3/4 ensuite bath, and 1 half bath
Unit 2 offers 2 bedrooms and 1 bathroom
Separate gas and electric meters for each unit
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See hot listings in Newton

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
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newton, 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.

Updated Triplex Investment Property
Updated Triplex Investment Property

415 E Main Street, Montezuma, IA 50171

$189,000
2,798 sqft 0.20 AC lot

Fully occupied three-unit property with separate utilities, individual HVAC systems, and laundry hookups in each unit.

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3-Unit Multifamily Property
3-Unit Multifamily Property

1221 Main Street, Grinnell, IA 50112

$299,000
2,891 sqft 0.28 AC lot

The property includes a five-bedroom main residence plus one-bedroom basement and garage units.

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Updated Fully Occupied Triplex
Updated Fully Occupied Triplex

415 E Main St, Montezuma, IA 50171

$189,000
2,798 sqft

Three separately metered units offer individual HVAC systems, kitchens, full baths, and laundry hookups.

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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.

View details

Newton, IA Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Newton, IA on our real estate platform. These investment opportunities span a total of 9,779 square feet of properties for sale, with an estimated market value of $589,800.

Sale prices for three-family homes in Newton, IA average $294,900 — 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

Apartment buildings 3
Duplexes 2
Triplexes 2

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 $294.9K

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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