1422 1St Avenue E Newton, IA $ 294,900
1422 1St Avenue E
$ 294,900
Recently Listed
Share Save

1422 1St Avenue E

Newton, IA, 50208
$ 294,900
Baths0.0 Sq 3,649

Monthly Estimate*

$ 1,862

1422 1St Avenue E, Newton, IA 50208 - Image 1
1422 1St Avenue E, Newton, IA 50208 - Image 2
1422 1St Avenue E, Newton, IA 50208 - Image 3
1422 1St Avenue E, Newton, IA 50208 - Image 4
Studio

Multi-Family Home for sale in Newton, IA

for $294,900. This 3,649 square foot home was built in 1904 on a lot size of 0.71.

Excellent investment opportunity to acquire this rare multi-family residential and commercial triplex perfectly situated in a popular arterial commercial district. With separate gas and electric meters to keep overhead low, this property offers options to maximum returns. The property includes abundant front parking space, a highly coveted feature that comfortably accommodates multiple vehicles and provides easy, hassle-free access for commercial clients. Unit 1 (residential) provides a sprawling, rare 4-bedroom layout featuring 1 full bath, a 3/4 ensuite bath, and an additional half bath—ideal as a premium rental or spacious owner's quarters. Unit 2 (Residential) is an efficient 2-bedroom, 1-bathroom layout with lots of natural light. Unit 3 (Flexible/Commercial Space): The ultimate flex option, this space can be utilized immediately as commercial storefront/offices or add a shower and kitchen for comfortable residential living, allowing you to adapt seamlessly to market demand. Each unit has its own private entrance. This home offers a nice sized back yard and is steps away from a vibrant array of local stores, dining, and essential services. The location provides convenience for tenants and maximum accessibility for business operations. Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. To respect tenant privacy, interior photos are available upon request.

See more

Multi-Family Active

Price

$ 294,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,932

Style

Lot Size

0.71

Year Built

1904

Town/City

Newton

County/Region

Jasper

MLS | Web ID

6342231

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 0
Construction Materials Wood Siding Vinyl Siding
Year Built 1904
Stories Count 2
Property Subtype Triplex
Tax Year 2026
Gross Income 2900
Accessibility None
County Jasper
Operating Expense 5160
Property Type Residential Income
Contingency None
MaintenanceExpense 150
Status Active
Directions Interstate 80 Newton Ext north on Hwy 14/Hwy6 East (1st Ave E).
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 30927.6
Tax Annual Amount 5932
Electric Expense 0
Fuel Expense 0
Trash Expense 30
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description S 190' LOT N NW NW
See more
Interior
Basement Full Partially Finished
Total Fireplaces 0
Fireplace Y/N N
Below Grade Finished Area 0
Total Baths 0
See more
Exterior
Water Source Public
Lot Dimensions 198 X 157
Lot Size Acres 0.71
See more
* Excluded Features
List By
Dedee Lehman

Listing Agent

All In Real Estate Inc

Broker

homes@allinrealestateinc.com

Email

Affordability Calculator

$2,356
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,862
Monthly Property Taxes
$494
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$294,900 Listed Price

Map


See all

1422 1St Avenue E, Newton, IA, 50208 is a Multi-Family Home for sale at $294,900 with 3,649 sqft and a lot size of 0.71. 1422 1St Avenue E is a studio with 0.0 baths and was built in 1904. The property's zip code is 50208 which is in Newton, IA