2212 Okoboji
Milford, IA 51351
$1,400,000
Listing #273537
Year Built: 1947
Multi-Unit
Exceptional investment opportunity 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.
Exterior Features
| Lot Size | 1.17 acres |
Courtesy of Bridget Johnson, NextHome At The Lakes
This content last updated on 12/14/2025 10:29 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
