This is a parcel of three duplexes six doors. New roof in 2024 new driveway in 2024. 1329 sq ft per unit assessed for $710,000. Long term tenants turn key rental. Across the street from Newton high school. $72,600 a year in rent. $13,000 a year in property taxes
For sale by owner
Price cut: $25K (6/25)
$725,000
308 S 8th Ave E, Newton, IA 50208
12beds
7,854sqft
MultiFamily
Built in 2005
-- sqft lot
$-- Zestimate®
$92/sqft
$-- HOA
Overview
What the owner loves about this home
Turn key investment property that will cash flow with long term tenants. New roof and driveway. At $95 per square great opportunity
some units have newer ac and furnace.
$13,000/yr property taxes
- 46 days |
- 302 |
- 17 |
Listed by:
Property Owner (515) 707-6989
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
- Laundry: Hookups
Features
- Flooring: Tile, Carpet
- Basement: Unfinished
Interior area
- Total interior livable area: 7,854 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Cement / Concrete
Lot
- Size: 8,629 Square Feet
Details
- Parcel number: 0827327001
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2005
Community & HOA
Location
- Region: Newton
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $22,410
- Annual tax amount: $424
- Date on market: 6/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,269/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $725,000-3.3%$92/sqft |
Source: Owner Report a problem | ||
| 6/5/2026 | Listed for sale | $750,000$95/sqft |
Source: Owner Report a problem | ||
| 6/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/1/2023 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $424 +0.5% | $22,410 |
| 2024 | $422 -15.3% | $22,410 |
| 2023 | $498 | $22,410 |
| 2022 | $498 -66.2% | $22,410 |
| 2021 | $1,472 +1.6% | $22,410 -64.3% |
| 2020 | $1,449 +8.3% | $62,770 |
| 2019 | $1,338 -0.1% | $62,770 +13.3% |
| 2018 | $1,339 +2.4% | $55,410 |
| 2017 | $1,308 +0.2% | $55,410 |
| 2016 | $1,306 | $55,410 |
| 2015 | $1,306 +10.3% | $55,410 |
| 2014 | $1,184 | $55,410 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50208
Nearby schools
GreatSchools rating
- 2/10Emerson Hough Elementary SchoolGrades: K-4Distance: 0.4 mi
- 3/10Berg Middle SchoolGrades: 5-8Distance: 1.2 mi
- 5/10Newton Senior High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
