2212 Okoboji Avenue, Milford, IA 51351

Milford, IA Homes for Sale in 51351 and Real Estate MLS # 251006

$1,400,000

  • 24
  • 12
  • 15816
  • Active
Price Decreased

General 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
Status: Active

Property Information

251006

$1,400,000

Sale

Quadruplex

MULTIFAMILY

2212 Okoboji Avenue

Milford

IA

51351

24

12

15816

51143

None

0.00

7068

2024

Okoboji

1947

Features

Yes

Utilities

No

LISTED BY

NextHome at the Lakes, Bridget Johnson (712.330.1089)

PROPERTY LOCATION

MORTGAGE CALCULATOR

RE/MAX Lakes Realty - Licensed In Iowa,Minnesota Each Office Independently Owned And Operated.

RE/MAX Lakes Realty

Licensed In Iowa,Minnesota Each Office Independently Owned And Operated.

Ask About this Property #251006

MARKET WATCH

Open House(11)
New Construction(118)
New Listing(29)
Price Adjustment(5)
Price Decreased(177)

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COMMUNITY

Winther Stave & Co
Winther Stave & Co in Milford

At Winther, Stave & Co., LLP we use a team approach. You have a team of accounting professionals at your disposal, not just one person. With specialists in many different areas, we can draw on that breadth of knowledge and experience to help with services ranging from taxes, to payroll, to wealth preservation.

Real Estate and MLS Homes For Sale in Milford
About Milford

West O Beer
West O Beer in Milford

If you haven't been to West O, you need to go. With their state of the art brewery, and access to some of the best water in the world, their beer is nothing short of amazing. Their tasting room has a cool, industrial feel, and perfect for tasting their many types of beers. CocO Stout has been an award winning beer for years, and definitely worth a try! West O has been voted "Best Iowa Beer" by the Des Moines Register readers in 2016.

Real Estate and MLS Homes For Sale in Milford
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Boulders Inn

Boulders Inn and Suites promises to make your Okoboji vacation comfortable and relaxing. This new hotel just south of Emerald Hills golf course between Milford and Arnolds Park offers 40 rooms with suites to meet your individual needs. One of the best things about Boulders Inn is that it is within walking distance of the Taco House. For some of you, I know that can be a big deal!

Real Estate and MLS Homes For Sale in Milford
About Milford Learn More

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