24 N Maple Street, Colfax, IA

Name: 24 N Maple Street, For Sale in Colfax - Zoocasa
Brand: RE/MAX Precision
SKU: 741575
Price: 1800000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$1,800,000

4410

MLS® 741575

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 9420 sqft

Garage

Maintenance Fees

Taxes $25,255

Days Active 7

Approx. Age 1996

Avg. Price Per Sqft $191

MLS® Number 741575

Property Address: 24 N Maple Street, Colfax, IA, 50054

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity This well-maintained, single-owner apartment complex offers an exceptional turn-key investment in a stable Iowa community. Consisting of 3 buildings totaling 7, 824 square feet on a generous 0.89-acre lot, the property features 22 units -all configured as spacious 2-bedroom, 1-bathroom layouts - and enjoys 100% occupancy, delivering immediate and reliable cash flow. Built in 1996 with solid construction, this vintage-style multi-family property provides functional and comfortable floor plans that continue to attract long-term tenants. The complex includes ample parking and outdoor space, situated in a convenient location near downtown Colfax with easy access to local amenities, schools, and major transportation routes. Key Highlights: 22 units ? all 2 bed / 1 bath -100% occupancy with strong rental demand -Single-owner property (family-owned and operated) -3 buildings totaling 7, 824 sq ft on 0.89 acres -Vintage charm with practical, well-built design -Excellent parking and outdoor space -Strong income-producing asset Perfect for investors seeking a fully occupied, cash-flowing multi-family property with consistent performance. Colfax's small-town appeal combined with proximity to larger employment centers supports continued tenant stability and demand. Serious inquiries only - contact for detailed financials, rent roll, unit photos. All information obtained from seller and public records.

MLS® Number741575

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1996

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Map

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