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.

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COMMUNITY

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

Pioneer Theatre

Pioneer Theatre in Milford

The Pioneer Theatre is one of the area's best-kept secrets. As the owners point out on their website, The Pioneer Theatre is an "historic downtown movie theater with modern recliner seating and family-friendly prices." Checkout the website at milfordpoineertheatre.com for movies and showtimes. You may also buy your tickets and reserve your seats online! Located in Downtown Milford, Iowa--just another great reason to come to Milford!

Real Estate and MLS Homes For Sale in Milford

The Three Sons

The Three Sons in Milford

Founded in 1960, the Three Sons has been a staple of Milford, IA retail. From Herman and Emil Richter, owners, was born the University of Okoboji, a ficticious university that calls the entire Iowa Great Lakes the campus of the U of O. Part of the experience of shopping the three sons, if walking the old battered floors, and taking a trip upstairs for half price, plus a buck. Brands you would expect in Milford Iowa are abundant, such as Patagonia, Oakley, Under Armour, Tommy Bahama, and more. There are currently 2 other stores; one at the amusement park, and another near the Regal Beagle called the bridge store. No self-respecting visitor to Okoboji leaves without visiting one of their stores.

Real Estate and MLS Homes For Sale in Milford

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