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Listed price in listed location currency (USD).
$1,100,000

24120

MLS® 260012

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 6882 sqft
Garage 
Taxes $7,344
Days Active 110
Lot Size 
Approx. Age 1947
Avg. Price Per Sqft $159
MLS® Number 260012

Property Address: 2212 Okoboji Ave, Milford, IA, 51351-1299

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

Description

Positioned along Highway 71, this income-producing property presents an exceptional value opportunity with built-in visibility and proven performance. Recently divided, this offering includes exclusively the multifamily apartment portion. The property features 10 fully occupied apartment units backed by a strong and consistent rental history, delivering immediate, dependable cash flow. In addition, 7 furnished dorm-style rooms provide flexible income potential through short-term or extended-stay rentals, creating multiple revenue streams within one investment. With stabilized occupancy, high-exposure location, and room for continued income growth, this multifamily asset offers an attractive combination of stability, flexibility, and long-term upside—making it a smart addition to any investment portfolio.
MLS® Number260012
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
BasementFull
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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