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68 Beds
68 Baths
21,728 sqft

$2,500,000

1209 6th Street, Milford IA, 51351

Price per sqft$115.06
Built in1996
Property size21,728 sqft
Property typeMulti-family

Overview

Active

Listed Sep 28, 2026

Updated 4 days ago

Turnkey Multifamily Investment Opportunity in Milford. 24-unit residential units with a strong rental history that practically runs itself. Built in the mid- 1990's this complex offers 14 (3 bedroom, 1 bath unit), 6 (3 bedroom, 2 bath unit), 4 (2 bedroom, 1 bath) most units remodeled/updated and include a garage. In addition to the 24 housing units the property includes 12 storage units for extra income potential and ample parking. Conveniently located within walking distance to Okoboji Schools and in the growing Iowa Great Lakes, this property offers an attractive combination of existing performance and long-term potential for investors.

$16,633/mo

Est. mortgage payment based on a $2,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
261265

Interior Features

Bedrooms
68
Bathrooms
68
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1.85 Acres

Other Property Details

Taxes
$20,284
Tax Frequency
Annually
Garage
Yes