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Newton, IA Multifamily Homes & Duplexes for Sale

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    $209,000

    • Studio
    • 4 Baths
    • 2,480 Sq Ft

    500 1st Ave W, Newton, IA 50208

    Discover a prime multifamily investment with this well-maintained 4-plex, ideally located just a 5-minute walk from Newton’s charming downtown square. Each of the four units features a spacious 1-bedroom layout, offering consistent rental demand in a strong local market. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer entering the multifamily space, this

    Justin Washburn Caliber Realty

    500 1st Ave W, Newton, IA 50208
  • /30

    $580,000

    • Studio
    • 8 Baths
    • 1,920 Sq Ft

    824 & 820 E 12th St S, Newton, IA 50208

    Don’t miss this chance at excellent income-producing properties – two clean and well-kept four-plexes in a quiet residential neighborhood. Each unit features: 2 bedrooms and 1 full bathroom, comfortable living space with functional layouts, on-site laundry for tenant convenience, individual garages for secure parking and added storage.These properties have a strong rental history and are

    Amina Mujic Iowa Realty Newton

    824 & 820 E 12th St S, Newton, IA 50208

Why Live in 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.

Home Trends in Newton, IA

Housing Trends

Median Sale Price
$169,900
Median Single Family Sale Price
$187,000
Average Price Per Sq Ft
$173
Number of Homes for Sale
8
Last 12 months Home Sales
39
Months of Supply
2.50
Median List Price
$185,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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