412 S 2nd Avenue E, Newton, IA 50208

• 4 beds |
• 4 baths |
• 1,908 sqft

Property Description

Located at 412 S 2nd Ave E in Newton, this two-story duplex offers investors a strong 10.6% cap rate along with excellent versatility. Recent exterior updates include a new roof installed in 2023 and new siding completed in 2024. The 1,908 sq ft property can be used as a single-family home with four total bedrooms or kept as an up-and-down duplex with separate private entrances. The upper unit is fully remodeled with modern finishes, new black appliances, and new vinyl plank flooring throughout. The main level offers its own kitchen, a newer Lennox furnace, and laundry hookups on both floors. With separate gas and water meters, rear alley access, and a convenient location near downtown, this property provides strong cash flow potential and multiple use options for both investors and owner-occupants.

Listing Status:

Active

Date Added:

April 17, 2026

Data Last Updated:

July 27, 2026 at 11:17PM

Listing Office:

RE/MAX Concepts : (641) 791-2800

Listing Agent:

Jake Jenkins : (641) 791-2800

MLS ID:

738691

Interior

• Basement: Partial
• A/C: None
• Heating: Forced AirGasNatural Gas

Exterior

• Style: Two Story

Construction

• Roofing: AsphaltShingle
• General: Vinyl Siding2BlockBrick/Mortar

Location

• Road/Access: Concrete
• Originating MLS: DMAAR_DM
• School District: Newton
• County: Jasper

Lot

• Zoning: R-3ORIGINAL PLAT E 1/2 LOT 2 & W 1/2 LOT 3 OUTLOT 230834179005

Utilities

• Utilities: Electricity AvailableNatural Gas AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: DMAAR_DM