24 N Maple Street, Colfax, IA 50054

Colfax
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
24 N Maple Street,Colfax, IA 50054
$1,600,000
  • 44 Beds
  • 1 Baths
  • 9,420 sq. ft.
  • Multi-family
  • Pending
Listed by: jason ring, chassi prado
Office: re/max precision
MLS#:741575
Source:IA_DMAAR

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$169.85

About this home

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...

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Home facts

  • Year built:1996
  • Listing ID #:741575
  • Added:148 day(s) ago
  • Updated:October 22, 2026 at 08:31 AM

Rooms and interior

  • Bedrooms:44
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:9,420 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1996
  • Building area:9,420 sq. ft.
  • Lot area:0.89 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$169.85
  • Tax amount:$25,255

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