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502 E 12th Street S Newton, IA 50208 Multi Unit - Multiple

New - 28 Hours Ago
  • 502 E 12th Street S, Newton, IA 50208 Main Photo

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Description

This bi-attached duplex offers a strong investment or owner-occupant opportunity. The substantially updated property features two separate units, each with its own private entrance, totaling 1,440 square feet. Both units have been nicely updated with LVP flooring throughout, creating a clean, modern feel. Major improvements are already in place, including new siding, fascia, soffit, windows, updated electrical, and a new roof installed in 2026 on both the house and detached two-stall garage. Also new in 2026, mini-split systems have been installed in both units, providing high-efficiency heating and cooling. This all-electric property has dual electric meters. One unit includes a stove & microwave. Laundromat across the street.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 1,440
County: Jasper
Listed By:
RE/MAX Concepts Main Office 641-791-2800
No Coast MLS
$194,900
Est. $1,281/mo
1,440sqft
2cars
New to the Market Active
BEDS0 BATHS0 SQUARE FEET1,440 MLS#6337345
STATUS PROPERTY TYPEMulti Unit - Multiple

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502 E 12th Street S, Newton, IA 50208.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $194,900$194,900$194,900
Down Payment $38,980$6,822$48,725
Monthly Mortgage Amount $910$1,147$1,185
Taxes $271$271$271
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$86$0
Monthly Estimated Total $1,281$1,604$1,556

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