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Local Realty Service Provided By: Coldwell Banker Associated Brokers Realty, Inc.

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2212 Okoboji Ave, 
Milford, IA 51351

$950,000

—

Bed

—

Bath

10,882

Sq Ft

Multi-Family

Active

Listed by

Nic Madsen

Gateway Real Estate Advisors

712-226-8000

Last updated:

October 10, 2026, 03:32 PM

MLS#

834240

Source:

IA GSCBOR

About This Home

2212 Okoboji Ave

Prairie Wind Apartments is a distinctive 17-unit community that blends 10 traditional apartment living with 7 furnished, dorm-style rooms, giving ownership the flexibility to run long-term leases alongside short-stay income. The furnished rooms are well suited to short-term rental platforms like Airbnb, tapping into the steady flow of visitors drawn to the Okoboji lake region each season. Built right along Hwy 71 in Milford, Iowa, the property has a proven rental history and sits within easy reach of the lake region's recreational draw. It's a straightforward, fully occupied asset with room to grow into its market rents. Offered at $950,000. Offering Memorandum available upon request.

Home Facts

Multi-Family

Built in 1947

Price Summary

950,000

$87 per Sq. Ft.

MLS #:

834240

Last Updated:

October 10, 2026, 03:32 PM

Added:

2 month(s) ago

Rooms & Interior

Interior

Living Area:

10,882 Sq. Ft.

Structure

Structure

Building Area:

10,882 Sq. Ft.

Year Built:

1947

Lot

Lot Size (Sq. Ft):

15,245

Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$87 per Sq. Ft.

Source:IA GSCBOR
The information being provided by Northwest Iowa Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Northwest Iowa Regional Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.