2212 Okoboji Avenue Milford, IA $ 1,100,000
2212 Okoboji Avenue
$ 1,100,000
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2212 Okoboji Avenue

Milford, IA, 51351
$ 1,100,000
Bedrooms24 Baths17.0 Sq 8,882

Monthly Estimate*

$ 6,773

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Multi-Family Home for sale in Milford, IA

for $1,100,000 with 24 bedrooms and 17 full baths. This 8,882 square foot home was built in 1947 on a lot size of 0.44.

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.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

24

Full Bath

17

Property Type

Multi-Family

Taxes

$ 7,344

Style

Quadruplex

Lot Size

0.44

Year Built

1947

Town/City

Milford

County/Region

Dickinson

MLS | Web ID

260012

Features
General
Sewer Public Sewer
Heating Baseboard Forced Air
Roof Asphalt Metal
Flood Zone Unknown
School District Okoboji
Community Features Coin-op Laundry Own
Number of Units 17
Class MULTIFAMILY
Assessments Unknown
Type Quadruplex
Yearly Taxes 7344
Tax Year 2024
Fuel Electric Natural Gas
Status Active
Subdivision IA
Sale/Rent For Sale
Status Detail 0
Lot Sqft 51143
Construction Materials Wood Siding
Primary City Milford
Year Built 1947
Directions GPS
City Milford
Total Sq Ft 8882
DOM 3
Secondary City Dickinson County
Postal Code 51351
Potential Short Sale No
Public Remarks 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 exclusive
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Exterior
Exterior Features Driveway-Concrete Patio Porch
Waterfront 0
Garage Type None
Lot Size Source Assessor
Water Source Public/City
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Interior
Furnished Y/N Yes
Fireplace 0
Total Baths 12
Basement Style Full
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* Excluded Features
List By
Bridget Johnson

Listing Agent

Nexthome At The Lakes

Broker

(712) 330-1089

Phone

bridget@nexthomeatthelakes.com

Email

Affordability Calculator

$7,385
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$612
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1883258 Elementary School
1883294 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$1,100,000 Listed Price

Map


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2212 Okoboji Avenue, Milford, IA, 51351 is a Multi-Family Home for sale at $1,100,000 with 8,882 sqft and a lot size of 0.44. 2212 Okoboji Avenue has 24 bedrooms, 17.0 baths, and was built in 1947. The property's zip code is 51351 which is in Milford, IA