1422 1st Avenue E Newton, IA $ 294,900
1422 1st Avenue E
$ 294,900
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1422 1st Avenue E

Newton, IA, 50208
$ 294,900
Bedrooms2 Baths1.0 Sq 6,130

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

Multi-Family Home for sale in Newton, IA

for $294,900 with 2 bedrooms and 1 full bath. This 6,130 square foot home was built in 1904 on a lot size of 0.714.

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 a spacious 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.

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Multi-Family Active

Price

$ 294,900

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 5,932

Style

Lot Size

0.714

Year Built

1904

Town/City

Newton

County/Region

Jasper

MLS | Web ID

748462

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.
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Nearby
4712925 Elementary School
4751398 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2026$294,900 Listed Price

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1422 1st Avenue E, Newton, IA, 50208 is a Multi-Family Home for sale at $294,900 with 6,130 sqft and a lot size of 0.714. 1422 1st Avenue E has 2 bedrooms, 1.0 baths, and was built in 1904. The property's zip code is 50208 which is in Newton, IA