412 S 2nd Avenue
Newton, IA 50208
4
Bed
4
Bath
1,908Sqft
0.20Acre(Lot)
Located at 412 S 2nd Ave E in Newton, this two-story duplex offers investors a strong 10.6% cap rate along with excellent versatility. Recent exterior updates include a new roof installed in 2023 and new siding completed in 2024. The 1,908 sq ft property can be used as a single-family home with four total bedrooms or kept as an up-and-down duplex with separate private entrances. The upper unit is fully remodeled with modern finishes, new black appliances, and new vinyl plank flooring throughout. The main level offers its own kitchen, a newer Lennox furnace, and laundry hookups on both floors. With separate gas and water meters, rear alley access, and a convenient location near downtown, this property provides strong cash flow potential and multiple use options for both investors and
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 Full Baths: 2Room Information
Has Basement: Yes Basement: Partial -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None
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Building Information
Year Built: 1930 Building Area Total: 1908 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 66X132 Main Square Feet: 0.2 Acres Lot Size Acres: 0.2 Lot Size Square Feet: 8712
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Listing Price Information
Listing Price: $154000 Original Price: $159000 Cash, Conventional
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Tax Information
Parcel Number: 0834179005 Tax Year: 2024 Annual Tax: $1409 Tax Legal Desc: ORIGINAL PLAT E 1/2 LOT 2 & W 1/2 LOT 3 OUTLOT 23
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: see remarks WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5908 E 76th Street, Newton, IA, 50208 | $498,125 | 4 | 4 | 2,048 | 2,048 SqFt |
| 3630 & 3678 E 68th Street, Newton, IA, 50208 | $749,000 | 3 | 3 | 2,884 | 2,884 SqFt |
| 524 E 60th Street, Newton, IA, 50208 | $565,000 | 3 | 2 | 1,584 | 1,584 SqFt |
| 5664 Island Avenue, Newton, IA, 50208 | $889,000 | 5 | 5 | 4,289 | 4,289 SqFt |
| 6285 E 28th Street, Newton, IA, 50208 | $285,000 | 2 | 1 | 1,240 | 1,240 SqFt |
| 403 E 28th Street, Newton, IA, 50208 | $374,000 | 4 | 3 | 1,492 | 1,492 SqFt |
| 2516 N 9th Avenue, Newton, IA, 50208 | $409,900 | 3 | 2 | 1,514 | 1,514 SqFt |
| 2509 N 8th Avenue, Newton, IA, 50208 | $360,990 | 3 | 2 | 1,622 | 1,622 SqFt |
| 504 E 26th Street, Newton, IA, 50208 | $159,000 | 3 | 2 | 1,472 | 1,472 SqFt |
| 602 E 24th Street, Newton, IA, 50208 | $164,000 | 3 | 1 | 1,092 | 1,092 SqFt |
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 07/27/2026 @ 18:36
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