$209,000
- Studio
- 4 Baths
- 2,480 Sq Ft
500 1st Ave W, Newton, IA 50208
Justin Washburn Caliber Realty
$209,000
500 1st Ave W, Newton, IA 50208
Justin Washburn Caliber Realty
$580,000
824 & 820 E 12th St S, Newton, IA 50208
Amina Mujic Iowa Realty Newton
Newton, Iowa, located 34 miles east of Des Moines, is a small town with a rich history and diverse economy. Originally a coal mining town, Newton transitioned to manufacturing in the 20th century, largely thanks to the Maytag Corporation. Although Maytag left in 2007, Newton has successfully diversified its economy with companies like TPI Composites, which manufactures wind turbine blades. The town features a mix of centrally located bungalows, traditional-style homes, midcentury ranch-style and split-level homes, and larger homes built in the 2000s. The Newton Housing Initiative encourages new home developments with cash incentives. The city has five parks, including Maytag Park, which hosts the public pool and Fred Maytag Bowl. Other attractions include Westwood Golf Course, Newton Arboretum & Botanical Gardens, and Iowa Speedway for Nascar and IndyCar races. The downtown area, anchored by the Jasper County Courthouse, offers various pubs, restaurants, and bars. Newton Community School District serves the city, and Des Moines Area Community College has a branch at Legacy Plaza. Commuters can reach Des Moines in about 34 miles via Interstate 80, and Des Moines International Airport is 40 miles away. Crime rates in Newton are lower than the national average, with property crimes decreasing by 41% between 2019 and 2023. The town also has emergency preparedness measures, including monthly siren tests and storm spotter training.
On average, homes in Newton, IA sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in Newton, IA over the last 12 months is $169,900, up 7% from the median home sale price over the previous 12 months.
In Newton, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $209,000 to $580,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Newton is $185,000, while the average sale price is $256,282, offering insights into the local housing market. On average, multi-family homes spend 79 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Newton, IA.