412 S 2nd Avenue E, Newton, IA 50208

Newton
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
412 S 2nd Avenue E,Newton, IA 50208
$154,000
  • 4 Beds
  • 4 Baths
  • 1,908 sq. ft.
  • Multi-family
  • Active
Listed by: jake jenkins, jo jenkins
Office: re/max concepts
MLS#:738691
Source:IA_DMAAR

Price summary

  • Price:$154,000
  • Price per sq. ft.:$80.71

About this home

Located at 412 S 2nd Ave E in Newton, this two-story duplex offers investors a strong 10.6% cap rate along with excellent versatility. Recent exterior updates include a new roof installed in 2023 and new siding completed in 2024. The 1,908 sq ft property can be used as a single-family home with four total bedrooms or kept as an up-and-down duplex with separate private entrances. The upper unit is fully remodeled with modern finishes, new black appliances, and new vinyl plank flooring throughout. The main level offers its own kitchen, a newer Lennox furnace, and laundry hookups on both floors. With separate gas and water meters, rear alley access, and a convenient location near downtown, this property provides strong cash flow potential and multiple use options for both investors and owner-occupants.

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Home facts

  • Year built:1930
  • Listing ID #:738691
  • Added:97 day(s) ago
  • Updated:July 23, 2026 at 09:30 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Partial
  • Living area:1,908 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1930
  • Building area:1,908 sq. ft.
  • Lot area:0.2 Acres
  • Architectural Style:Two Story
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block, Brick/Mortar
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$154,000
  • Price per sq. ft.:$80.71
  • Tax amount:$1,409 (2024)

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