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2212 Okoboji Avenue, Milford, IA 51351

Local realty services provided by:CENTURY 21 ProLink
2212 Okoboji Avenue,Milford, IA 51351
$1,400,000
  • 24 Beds
  • 12 Baths
  • 15,816 sq. ft.
  • Multi-family
  • Active
Listed by: bridget johnson
Office: nexthome at the lakes
MLS#:251006
Source:IA_IGLBOR

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$88.52

About this home

Exceptional investment opportunity on over an acre along Highway 71 with access from P Avenue on the east side. This versatile property features 10 fully occupied apartments with a strong rental history, plus 7 furnished dorm-style rooms offering excellent potential for Airbnb or short-term rentals. A 1,200 sq ft storage building is divided into 5 units with room for future expansion, and a separate 1,500 sq ft heated shop with water and sewer is currently rented, providing additional steady income. With prime highway visibility and ample space for further development—whether additional apartments or expanded storage—this property is ready to grow with your vision.

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Home facts

  • Year built:1947
  • Listing ID #:251006
  • Added:154 day(s) ago
  • Updated:December 18, 2025 at 04:17 PM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:12
  • Living area:15,816 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Asphalt, Metal
  • Year built:1947
  • Building area:15,816 sq. ft.
  • Lot area:1.17 Acres

Utilities

  • Water:Public/City
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$88.52
  • Tax amount:$7,068

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