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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Dedee Lehman All In Real Estate Inc

$ 294,900

Est. payment | -/mo

3,649 SqFt

Save

$ 294,900

Est. payment | -/mo

Save

3,649 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,649 sqft

Price per Sqft $80

MLS Listing ID NOC6342231

Maintenance Fees $150

Year Built 1904

Annual Tax Amount $5,932

Tax Year 2026

Lot Size 0.710 Acres

Acres 0.71

Lot Dimensions 198 X 157

Property Sub-Type Triplex

Property Description

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 unit has its own private entrance. This home offers a nice sized back yard and is steps away from a vibrant array of local stores, dining, and essential services. The location provides convenience for tenants and maximum accessibility for business operations. Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. To respect tenant privacy, interior photos are available upon request.

Location

State IA

County Jasper

Area 3649

Direction Interstate 80, Newton Ext, north on Hwy 14/Hwy6 East (1st Ave E).

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air

Fireplace No

Exterior

View Y/N true

Accessibility None

Building

Story 2

Sewer City Sewer/Connected

Water Public

Structure Type Wood Siding,Vinyl Siding

Schools

School District 4725 - Newton

Others

Energy Description Natural Gas

Acceptable Financing NOC6342231

Listing Terms NOC6342231

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(641) 414-3893

ernieabell.realty@hotmail.com

Learn More About LPT Realty

1422 1St AVE Newton, IA 50208