1422 1st Avenue E, Newton, IA 50208

Newton
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1422 1st Avenue E,Newton, IA 50208
$289,000
  • 2 Beds
  • 1 Baths
  • 6,130 sq. ft.
  • Multi-family
  • Active
Listed by: dedee lehman
Office: all in real estate inc
MLS#:748462
Source:IA_DMAAR

Price summary

  • Price:$289,000
  • Price per sq. ft.:$47.15

About this home

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...

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Home facts

  • Year built:1904
  • Listing ID #:748462
  • Added:53 day(s) ago
  • Updated:October 21, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Hardwood
  • Kitchen Description:Cooktop, Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Egress Windows, Partially Finished
  • Living area:6,130 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:1904
  • Building area:6,130 sq. ft.
  • Lot area:0.71 Acres
  • Architectural Style:Two Story
  • Construction Materials:Frame, Vinyl Siding, Wood Siding
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$289,000
  • Price per sq. ft.:$47.15
  • Tax amount:$5,932

Features and amenities

  • Appliances:Cooktop, Dryer, Refrigerator, Stove, Washer
  • Laundry features:Dryer, Main Level, Upper Level, Washer

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