41 Dewey Street, Arnolds Park, IA

$799,000

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0.32

Acres

About 41 Dewey Street

Amazing opportunity to own three separate rental units in the absolute center of the action in Arnolds Park, Iowa! Unit 1 – The Boathouse features 4 bedrooms, 2 bathrooms, and nearly 2,100 square feet of living space, comfortably accommodating 11–12 guests. This spacious home is ideal for larger families and vacation groups. Unit 2 – The Fieldhouse offers 2 bedrooms, 1 bathroom, and approximately 520 square feet. Perfect for couples, small families, or weekend getaways, this charming unit comfortably sleeps 4–6 guests. Unit 3 – The Koppert Suite is a 1-bedroom, 1-bathroom apartment with approximately 720 square feet and is currently occupied by a long-term tenant paying $1,000 per month year-round, providing immediate income. S ituated on more than one-third of an acre, the property enjoys views of Lake Minnewashta and features a spacious lawn complete with string lighting, creating the perfect outdoor gathering space. The location simply cannot be beat. You are just one block from the nightlife and restaurants of downtown Arnolds Park, one block from Arnolds Park Amusement Park, and one block from the popular public beach on West Lake Okoboji near Bob's. Whether you're looking for an investment property with immediate rental income, a family compound, or a vacation home where you can use one unit and rent the others, this is a rare opportunity in one of Okoboji's most desirable locations.

Multifamily property for sale in Arnolds Park, IA at 41 Dewey Street.

Features of 41 Dewey Street

MLS® # 260661
Price $799,000
Acres 0.32
Year Built 1912
Type Multifamily
Sub-Type Condo for sale
Status Active

Community Information of 41 Dewey Street

Address 41 Dewey Street
Area Dickinson
City Arnolds Park
State IA
Zip Code 51331

Amenities of 41 Dewey Street

Is Waterfront No
Has Pool No

Interior of 41 Dewey Street

Heating Forced Air

Exterior of 41 Dewey Street

Roof Asphalt

School Information for 41 Dewey Street

District Okoboji

Additional Information on 41 Dewey Street

Date Listed June 16th, 2026

Listing Details of 41 Dewey Street

AgentMichael Jensen
OfficeJensen Real Estate

Map to 41 Dewey Street

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