2212 Okoboji Avenue, Milford, IA 51351
$1,400,000
Price Decreased
New Listing
- MLS# 251006
- Bedrooms 24
- Bathrooms 12
- Total Sq.ft 15,816
- Property Type MultiFamily
- Year Built 1947
Property Description
Exceptional investment opportunity on over an acre along Highway 71 with access from P Avenue on the east side. This versatile property features 10 fully occupied apartments with a strong rental history, plus 7 furnished dorm-style rooms offering excellent potential for Airbnb or short-term rentals. A 1,200 sq ft storage building is divided into 5 units with room for future expansion, and a separate 1,500 sq ft heated shop with water and sewer is currently rented, providing additional steady income. With prime highway visibility and ample space for further development—whether additional apartments or expanded storage—this property is ready to grow with your vision.
Legal: LOT 11 STERNBERGS PLAT & 24 FT DRIVE BTWN LOTS 10 & 11 STERNBERGS PLAT & LOT 8 STERNBERGS 3RD SUBDIVISION & S 60 FT LOT 9 STERNBERGS 3RD SUBDIVISION
Legal: LOT 11 STERNBERGS PLAT & 24 FT DRIVE BTWN LOTS 10 & 11 STERNBERGS PLAT & LOT 8 STERNBERGS 3RD SUBDIVISION & S 60 FT LOT 9 STERNBERGS 3RD SUBDIVISION
Active
Property Information
- 251006
- $1,400,000
- 2212 Okoboji Avenue
- Milford
- IA
- Sale
- MULTIFAMILY
- Quadruplex
- 15816
- None
- 60
- 1947
- 12
- 24
- 51351
LISTED BY
NextHome at the Lakes, Bridget Johnson (712.330.1089)
Property Location
This property at 2212 Okoboji Avenue (MLS # 251006) is categorized as MultiFamily Homes for Sale situated in Milford, IA. This MultiFamily property is listed on with a price of $1,400,000. This 24 bedroom property in Milford at 2212 Okoboji Avenue has 15816 sqft with 12 bathrooms and was built on 1947. Whether you are searching for new listings in Milford or just searching for 2212 Okoboji Avenue specifically, you will find all of the market statistics and community information you need.
To learn about the difference between 2212 Okoboji Avenue and other properties around , just call RE/MAX Lakes Realty, home of the Iowa Great Lakes premier website, . Our real estate team will be happy to help you with your real estate home search in and around Milford, IA.
To learn about the difference between 2212 Okoboji Avenue and other properties around , just call RE/MAX Lakes Realty, home of the Iowa Great Lakes premier website, . Our real estate team will be happy to help you with your real estate home search in and around Milford, IA.
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