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Listed by Matthew Brodin Premier Real Estate
$ 179,900
Est. payment /mo
Pending
109 S 2Nd ST Marshalltown, IA 50158
2,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $64
Subdivision Marshall
MLS Listing ID NOC6342719
Year Built 1890
Annual Tax Amount $1,706
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions Irregular
Property Sub-Type Quadruplex
Property Description
Investment opportunity near downtown Marshalltown! This 4-unit property is positioned for its next owner to step in and continue generating income, with 2 units completely remodeled and currently rented and 2 additional units rent-ready. The property was inspected as a rental in May 2026 and passed, adding confidence for the next owner. Improvements include permanent siding, many replacement windows, and a new front deck, while the property continues to offer additional potential. A large 2-stall detached garage with a loft provides valuable storage and may offer another opportunity for rental income or added revenue. Whether you're looking to expand an existing portfolio or add your first multi-unit property, much of the work has already been done. With four units, recent improvements, and additional possibilities, there is plenty to appreciate here. Call today to schedule your private showing and take a closer look at the potential!
Location
State IA
County Marshall
Area 2800
Direction GPS
Rooms
Basement Unfinished
Interior
Heating Forced Air, Baseboard
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N true
Accessibility None
Building
Story 2
Sewer City Sewer/Connected
Water Public
Structure Type Vinyl Siding
Schools
School District Marshall County School District
Others
Energy Description Natural Gas
Acceptable Financing NOC6342719
Listing Terms NOC6342719