104 1st Avenue E 1, Newton, IA
$ 725,000
Property Attributes
  • MLS#675415
  • TypeMulti-Family
  • CountyJASPER
  • CityNewton
  • AreaNewton
  • Zip50208
  • Style
  • Price$ 725,000
  • Bedrooms15
  • Full Bathrooms11
  • Half Bathrooms0
  • Sqr Footage514
  • Lot Size0.3397 Acres
Data Source:
Des Moines Area AOR (DMAAR)
Property Description

Currently, the units are deeded as condominiums. The seller owns all 14 units and is looking to sell them as a portfolio. Some of the units have been recently remodeled and others still need to be remodeled. It is the sellers wish to have the new buyer finish the remodeling. The current owners have worked to have a variety of features and fixtures in each unit. Unlike most condos, apartments, or short-term rentals, this building is far from "cookie-cutter." Each unit is truly unique; offering your clients a range of choices regardless of use (long-term rentals, short-term rentals, or individually owned). All of the units are on the second level of the Jewel Building located across the street from Jasper County courthouse in downtown Newton, IA. There are two entrances, one on 1st Street and the other on 1st Avenue. The 1st Avenue entrance has an elevator for residents to use. The stairs lead to a large common area that includes a common area kitchen, game room, laundry room, and wide hallways to each unit.

Price History
6/15/2023 Listed $725,000

General Features

Additional Parcels Y/N No
Assoc Fee Paid Per Annually
Association Name TBD
Association Y/N No
Associationname2 (000) 000-0000
Attached Garage No
Carport Y/N No
City Newton
County Jasper
Directions 104 1st Ave E, Newton
Elementary School District Newton
Garage Y/N No
HOA 6400.0
High School District Newton
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Listing Terms Cash, Conventional
Lot Size Square Feet 14798.0
MLS Area Newton
Middle/Junior School District Newton
Mobilehomeremainsyn No
New Construction No
Occupancy Description Vacant
Private Pool No
Property Attached Y/N No
Property Type MultiFamily
Rent Control Y/N No
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Street Name 1st
Tax Annual Amount 0.0
Total Units 14
Unit Number 1
View Y/N No
Waterfront Y/N No
Year Built 1900
Zoning R

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Full Baths 11
Heating Y/N No
Street Suffix Avenue
Total Baths 11
Total Bedrooms 15

Exterior Features

Living Area 514.0
Building Area Total 514.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.3397
Lot Size Area 0.3397
Lot Size Units Acres
Open Parking Y/N No
Spa No
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 50208

AVG $730K
AVG 178
Data Provided by Inside Real Estate®
Year Built
AVG 1900
AVG 81
Data Provided by Walkscore® not using MLS data