1422 1St Ave E | Image 1
New
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1422 1St Ave E | Image 4

$294,900

For Sale

6 days ago

1422 1St Ave E, Newton, IA

House

MLS® 748462

2 Bed

1 Bath

6130 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6130 sqft
Garage 
Taxes $5,932
Days Active 6
Lot Size 0.714 Acres
Approx. Age 1904
Avg. Price Per Sqft $48
MLS® Number 748462

Property Address: 1422 1st Ave E, Newton, IA, 50208-4005

Average square foot calculated using Size range provided by listing agent.

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 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 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.
MLS® Number748462
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1904
BasementEgress Windows, Partially Finished
Driveway
Garage Spaces
HeatForced Air, Gas, Natural Gas
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 1, 2026List Date
$294,900List Price
  • Commute

Commute

Starting Address
Destination Address
1422 1St Ave E, Newton, IA

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