24 N Maple Street Colfax, IA $ 1,800,000
24 N Maple Street
$ 1,800,000
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24 N Maple Street

Colfax, IA, 50054
$ 1,800,000
Bedrooms44 Baths1.0 Sq 9,420

Monthly Estimate*

$ 11,083

24 N Maple Street, Colfax, IA 50054 - Image 1
24 N Maple Street, Colfax, IA 50054 - Image 2
24 N Maple Street, Colfax, IA 50054 - Image 3

Multi-Family Home for sale in Colfax, IA

for $1,800,000 with 44 bedrooms and 1 full bath. This 9,420 square foot home was built in 1996 on a lot size of 0.89.

Investment Opportunity This well-maintained, single-owner apartment complex offers an exceptional turn-key investment in a stable Iowa community. Consisting of 3 buildings totaling 7,824 square feet on a generous 0.89-acre lot, the property features 22 units -all configured as spacious 2-bedroom, 1-bathroom layouts - and enjoys 100% occupancy, delivering immediate and reliable cash flow. Built in 1996 with solid construction, this vintage-style multi-family property provides functional and comfortable floor plans that continue to attract long-term tenants. The complex includes ample parking and outdoor space, situated in a convenient location near downtown Colfax with easy access to local amenities, schools, and major transportation routes. Key Highlights: 22 units ? all 2 bed / 1 bath -100% occupancy with strong rental demand -Single-owner property (family-owned and operated) -3 buildings totaling 7,824 sq ft on 0.89 acres -Vintage charm with practical, well-built design -Excellent parking and outdoor space -Strong income-producing asset Perfect for investors seeking a fully occupied, cash-flowing multi-family property with consistent performance. Colfax's small-town appeal combined with proximity to larger employment centers supports continued tenant stability and demand. Serious inquiries only - contact for detailed financials, rent roll, unit photos. All information obtained from seller and public records.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

44

Full Bath

1

Property Type

Multi-Family

Taxes

$ 25,254

Style

Lot Size

0.89

Year Built

1996

Town/City

Colfax

County/Region

Jasper

MLS | Web ID

741575

List By
Jason Ring

Listing Agent

Re/Max Precision

Broker

jasonringhomes@gmail.com

Email

Affordability Calculator

$13,187
Per Month
84%
16%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
$2,105
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
4778964 Elementary School
4778965 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$1,800,000 Listed Price

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24 N Maple Street, Colfax, IA, 50054 is a Multi-Family Home for sale at $1,800,000 with 9,420 sqft and a lot size of 0.89. 24 N Maple Street has 44 bedrooms, 1.0 baths, and was built in 1996. The property's zip code is 50054 which is in Colfax, IA