For Sale
14 N Elm St
14 N Elm St, Colfax, IA 50054
Nestled in the heart of Colfax, Iowa, this property offers a unique investment opportunity in a close-knit community. The surrounding area is home to local amenities and attractions, including the scenic Colfax Country Club and picturesque Chichaqua Valley Trail. This laundromat with owner-leased apartments presents an enticing prospect for investors seeking a promising locale with a strong sense of community.Thriving laundromat and a set of well-maintained apartments. The laundromat offers a steady income stream with a loyal customer base, while the apartments provide additional rental income. Built in 1979, this property is a solid and reliable investment in the heart of Colfax, IA. All Laundromat plumbing and electric has been updated in 2018, new asphalt in 2020, water heater replaced in 2025, exterior remodel in 2025, water softener updated in 2024, five of the apartment units have all been updated between 2022-2025. Three 1 bedrooms, two 2 bedrooms, one of those with a garage, and a studio apartment. Many more details available upon request.
Key features
- 6 Well-maintained apartments, fully leased
- Constructed in 1979
- Prime location within the Colfax area
- Solid and reliable investment opportunity
- Steady income from laundromat
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Scott Obstarczyk
NAI Iowa Realty Commercial
Building Details
- For Sale $675,000
- Property Type Other
- Property Size 4,789 SF
- Lot Size 0.17 Acre
- Year Built 1979
- Date Updated Apr 18, 2026
Attachments
Getting Around
-
Walk Score ®
Car-Dependent (45) -
Bike Score ®
Somewhat Bikeable (22)
Powered by Walk Score ®
Location
- City Colfax, IA
- Zip Code 50054
Points of Interest
Casey's
5.66 miles
Casey's General Store
8.67 miles
Newton 66
8.68 miles
Git 'n Go
9.45 miles
Subway
1.29 miles
Goldie's Ice Cream
5.64 miles
Culver's
8.54 miles
Hardee's
8.56 miles
Perkins
8.56 miles
Legends American Grill
8.56 miles
Taco Bell
8.67 miles
Montana Mike's Steakhouse
8.67 miles
Pizza Ranch
8.68 miles
Newton Police Department
9.71 miles
Jasper County Sheriffs Office
9.91 miles
14 N Elm St Listing Summary
-
What is the asking price at 14 N Elm St?
14 N Elm St is currently listed for sale at Contact for pricing.
-
What is the total size of 14 N Elm St?
14 N Elm St has a total of 4,789 square feet.
-
What is the year built for 14 N Elm St?
The year built for 14 N Elm St is 1979.
Contact Listing Broker
Scott Obstarczyk
NAI Iowa Realty Commercial