824 & 820 E 12th Street S Newton, IA $ 580,000
824 & 820 E 12th Street S
$ 580,000
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824 & 820 E 12th Street S

Newton, IA, 50208
$ 580,000
Bedrooms16 Baths8.0 Sq 1,920

Monthly Estimate*

$ 3,618

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Multi-Family Home for sale in Newton, IA

for $580,000 with 16 bedrooms and 8 full baths. This 1,920 square foot home was built in 1975 on a lot size of 0.2856.

Don’t miss this chance at excellent income-producing properties – two clean and well-kept four-plexes in a quiet residential neighborhood. Each unit features: 2 bedrooms and 1 full bathroom, comfortable living space with functional layouts, on-site laundry for tenant convenience, individual garages for secure parking and added storage. These properties have a strong rental history and are ideal for investors looking for a reliable asset with minimal upkeep. Located near schools, parks, and just minutes from downtown Newton, it offers excellent access to local amenities. This sale includes two parcels: 0835351001 & 0835351002

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Multi-Family Pending

Price

$ 580,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 8,685

Style

Lot Size

0.2856

Year Built

1975

Town/City

Newton

County/Region

Jasper

MLS | Web ID

720467

List By
Amina Mujic

Listing Agent

Iowa Realty Newton

Broker

AMujic@iowarealty.com

Email

Affordability Calculator

$4,342
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,618
Monthly Property Taxes
$724
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
7/30/2025$580,000 Listed Price

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824 & 820 E 12th Street S, Newton, IA, 50208 is a Multi-Family Home for sale at $580,000 with 1,920 sqft and a lot size of 0.2856. 824 & 820 E 12th Street S has 16 bedrooms, 8.0 baths, and was built in 1975. The property's zip code is 50208 which is in Newton, IA