502 E 12th Street S, Newton IA, 50208

Property Description

Located at 502 E 12th St S in Newton, this bi-attached duplex offers a strong investment or owner-occupant opportunity. The property features two separate units, each with its own private entrance, totaling 1,440 square feet. Both units have been nicely updated with LVP flooring throughout, creating a clean, modern feel. Major improvements are already in place, including new siding, fascia, soffit, windows, updated electrical, and a new roof installed in 2026 on both the house and detached two-stall garage. Also new in 2026, mini-split systems have been installed in both units, providing high-efficiency heating and cooling. This all-electric property has dual electric meters, and water was previously paid by the landlord for simplified expenses. One unit includes a stove and microwave. While there is no on-site laundry, a laundromat is conveniently located directly across the street. With substantial updates completed, this is a solid, low-maintenance opportunity in the Newton market.