Sold

104 1st Ave E 1, Newton, IA 50208

Beds
11
Baths
15
Sqft
514

View property features, location on map, relevant school information and overview from seller's agent.

Listed byAgency Iowa
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Overview

ONLINE ONLY AUCTION –
• Online-Only Bidding: register at www.bidheritage.hibid.com
• Offering: All 15 condo units as (1) portfolio package
• Online Bidding Ends: April 30th at 6:00 PM (CT)
The Jewel Condominiums, a second-level multifamily development located directly across from the courthouse. Offering includes 15 deeded condo units (11 one-bedroom, 4 efficiency) Ten units are nearly complete while five units are taken to the studs and ready for finishing. Common areas have been updated, and a new roof was installed in 2025. Property features elevator access, two secured entrances (1st Ave & 1st St), city water/sewer, electric heat, and central A/C.
Project is currently vacant, providing flexibility for an investor to complete construction and implement a lease-up or resale strategy. Strong small-market rental demand and walkable downtown location enhance long-term potential.
It is highly encouraged that prospective bidders tour the property and conduct their own assessment, prior to bidding. The Property will be open for preview on the following dates.
• Saturday, April 11th at 10:00am to 12:00pm (CST)
• Saturday, April 25th at 10:00am to 12:00pm (CST)
To arrange a private tour of the property, please contact listing agent.
All information is believed to be accurate but not guaranteed. Buyers should conduct their own due diligence and personally inspect the property prior to bidding. Property is being offered at auction in “As Is” condition.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
11
Number of bathrooms
15
Square feet
514
Year built
1900

Utilities

Heating
Forced Air, Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

HOA Fees
$1,021

Taxes

Tax Annual Amount
$7,552

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Des Moines Area Association of REALTORS® MLS MLS®#: 737444 Last checked:

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