# 1422 1St Avenue E, Newton, IA 50208 > **TL;DR:** multi-family, $289,000 ($79/sqft), built 1904, 3,649 sqft. Est. $1,545/mo. Listed 61 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $289,000 | | Price/sqft | $79 | | Square Feet | 3,649 | | Year Built | 1904 | | Lot Size | 30,928 sqft (0.71 acres) | | Stories | 2 | | Property Type | Multi-Family (Triplex) | | Status | Active | | Days on Market | 61 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,461 | | Estimated Insurance | $84 | | **Total** | **$1,545** | ## Property Highlights - Built in 1904 - 0.71 acre lot - 2 stories ## Description ### Agent Description Excellent investment opportunity to acquire this rare multi-family residential and commercial triplex perfectly situated in a popular arterial commercial district. With separate gas and electric meters to keep overhead low, this property offers options to maximum returns. The property includes abundant front parking space, a highly coveted feature that comfortably accommodates multiple vehicles and provides easy, hassle-free access for commercial clients. Unit 1 (residential) provides a sprawling, rare 4-bedroom layout featuring 1 full bath, a 3/4 ensuite bath, and an additional half bath-ideal as a premium rental or spacious owner's quarters. Unit 2 (Residential) is an efficient 2-bedroom, 1-bathroom layout with lots of natural light. Unit 3 (Flexible/Commercial Space): The ultimate flex option, this space can be utilized immediately as commercial storefront/offices or add a shower and kitchen for comfortable residential living, allowing you to adapt seamlessly to market demand. Each unit has its own private entrance. This home offers a nice sized back yard and is steps away from a vibrant array of local stores, dining, and essential services. The location provides convenience for tenants and maximum accessibility for business operations. Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. To respect tenant privacy, interior photos are available upon request. ## Location - **Address:** 1422 1St Avenue E, Newton, IA 50208 - **County:** Jasper - **Coordinates:** 41.699449, -93.034233 - **Google Maps:** https://www.google.com/maps?q=41.699449,-93.034233 ## Listing Agent - **Name:** Dedee Lehman - **Brokerage:** All In Real Estate Inc - **Broker Phone:** 319-693-9301 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1422-1st-Ave-E_Newton_IA_50208_M95208-21803?f=listhub&s=NCMLSIA&m=6342231&c=propsimple) ## Photos ![1422 1St Avenue E - Photo 1](http://lh.rdcpix.com/82532c8b6b6bc658f38357a4d77fd3b6l-f3216458199r.jpg) ![1422 1St Avenue E - Photo 2](http://lh.rdcpix.com/82532c8b6b6bc658f38357a4d77fd3b6l-f888609946r.jpg) ![1422 1St Avenue E - Photo 3](http://lh.rdcpix.com/82532c8b6b6bc658f38357a4d77fd3b6l-f3695840259r.jpg) ![1422 1St Avenue E - Photo 4](http://lh.rdcpix.com/82532c8b6b6bc658f38357a4d77fd3b6l-f1051404456r.jpg) --- **MLS#:** 6342231 | **Updated:** 2026-10-30 **Source:** listhub *Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1422-1st-avenue-e-newton-ia-50208-9fd045bc0705496897707fde12e8b523) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1422-1st-avenue-e-newton-ia-50208-9fd045bc0705496897707fde12e8b523#listing", "url": "https://www.propertysimple.ai/listing/1422-1st-avenue-e-newton-ia-50208-9fd045bc0705496897707fde12e8b523", "name": "1422 1St Avenue E, Newton, IA 50208", "description": "Excellent investment opportunity to acquire this rare multi-family residential and commercial triplex perfectly situated in a popular arterial commercial district. With separate gas and electric meters to keep overhead low, this property offers options to maximum returns. 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Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. 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