24 N Maple Street
Colfax, IA 50054
44
Bed
1
Bath
9,420Sqft
0.89Acre(Lot)
Investment Opportunity This well-maintained, single-owner apartment complex offers an exceptional turn-key investment in a stable Iowa community. Consisting of 3 buildings totaling 7,824 square feet on a generous 0.89-acre lot, the property features 22 units -all configured as spacious 2-bedroom, 1-bathroom layouts - and enjoys 100% occupancy, delivering immediate and reliable cash flow. Built in 1996 with solid construction, this vintage-style multi-family property provides functional and comfortable floor plans that continue to attract long-term tenants. The complex includes ample parking and outdoor space, situated in a convenient location near downtown Colfax with easy access to local amenities, schools, and major transportation routes. Key Highlights: 22 units ? all 2 bed
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 44Bathroom Information
Total Baths: 1 Full Baths: 1 -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1996 Building Area Total: 9420 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Dimensions: 240X162 Main Square Feet: 0.89 Acres Lot Size Acres: 0.89 Lot Size Square Feet: 38880
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Listing Price Information
Listing Price: $1800000 Cash, Conventional
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Tax Information
Parcel Number: 1101337001 Annual Tax: $25254.94 Tax Legal Desc: ORIGINAL PLAT LOTS 8-9-10-11 BLK 2
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Location Information
Direction: I-80 to Colfax exit turn right onto Hwy 117, take it into Colfax aprox. 2 miles, turn left onto E Howard St, turn right onto Maple St. Property sits on left hand side WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 519 Blake Street, Colfax, IA, 50054 | $269,900 | 3 | 2 | 1,040 | 1,040 SqFt |
| 423 E Washington Street, Colfax, IA, 50054 | $194,900 | 3 | 2 | 1,902 | 1,902 SqFt |
| 300 E Front Street, Colfax, IA, 50054 | $75,000 | 3 | 2 | 1,512 | 1,512 SqFt |
| 121 W Spring Street, Colfax, IA, 50054 | $159,900 | 2 | 1 | 834 | 834 SqFt |
| 201 W Washington Street, Colfax, IA, 50054 | $149,900 | 4 | 3 | 2,112 | 2,112 SqFt |
| 215 W Spring Street, Colfax, IA, 50054 | $430,000 | 7 | 4 | 4,669 | 4,669 SqFt |
| 400 W Spring Street, Colfax, IA, 50054 | $199,900 | 3 | 2 | 1,362 | 1,362 SqFt |
| 409 W Broadway Street, Colfax, IA, 50054 | $119,900 | 2 | 1 | 988 | 988 SqFt |
| 609 S Wall Street, Colfax, IA, 50054 | $185,000 | 2 | 2 | 1,612 | 1,612 SqFt |
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ByOwner last updated this listing 07/23/2026 @ 04:59
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