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2212 Okoboji Ave

Milford, IA

$1,400,000

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Bedroom

24

Bath

12

Year Built

1947

Size

15,816 sf

Multi-Family
Property Type

Multi-Family

Property Description

Exceptional investment opportunity in the Iowa Great Lakes Area 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.

Property Details

Property ID

32830

Price

$1,400,000

Property Size

15,816 sf

Bathrooms

12

Year Built

1947

Property Type

Multi-Family

Property Status

FOR SALE

Bedrooms

24

Address

Address

Map Address

City

State

Area

2212 Okoboji Ave, Milford, IA 51351

2212 Okoboji Ave, Milford, IA 51351

Milford

IA

IA

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