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1422 1st Avenue E, Newton, IA 50208

Newton
Local realty services provided by:CENTURY 21 Signature Real Estate
1422 1st Avenue E,Newton, IA 50208
$289,000
  • - Beds
  • - Baths
  • 3,649 sq. ft.
  • Multi-family
  • Active
Listed by: dedee lehman
Office: all in real estate inc
MLS#:6342231
Source:IA_HIMLS

Price summary

  • Price:$289,000
  • Price per sq. ft.:$79.2

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 an efficient 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 #:6342231
  • Added:53 day(s) ago
  • Updated:October 25, 2026 at 03:23 PM

Rooms and interior

  • Living area:3,649 sq. ft.

Structure and exterior

  • Year built:1904
  • Building area:3,649 sq. ft.
  • Lot area:0.71 Acres

Finances and disclosures

  • Price:$289,000
  • Price per sq. ft.:$79.2
  • Tax amount:$5,932 (2026)

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