403 S Main Street Marble Rock, IA $ 300,000
403 S Main Street
$ 300,000
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403 S Main Street

Marble Rock, IA, 50653
$ 300,000
Baths0.0 Sq 3,366

Monthly Estimate*

$ 1,872

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Studio

Multi-Family Home for sale in Marble Rock, IA

for $300,000. This 3,366 square foot home was built in 1974 on a lot size of 1.4.

SOLID, STEADY & FULL OF OPPORTUNITY—this timeless brick two-building complex is built for lasting returns in a small town setting. Each of the 10 units, five per building, features thoughtful updates and welcoming spaces in both 1- and 2-bedroom layouts. Inside, refreshed kitchens, bright living areas, and modern finishes create an inviting place to call home. Recent improvements include new roofs, doors, windows, water heaters, softeners, and recirculation pumps, offering comfort and efficiency for residents and peace of mind for owners. Convenient on-site amenities such as private parking, coin-operated laundry, and a central dumpster make management effortless. Across the street, a bonus .4-acre lot opens endless possibilities—build more apartments, add garages, or expand storage. With solid brick construction and strong rental appeal, this property delivers today and builds for tomorrow. Schedule your private showing and discover the potential this multi-family gem holds.

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Multi-Family Active

Price

$ 300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,848

Style

Lot Size

1.4

Year Built

1974

Town/City

Marble Rock

County/Region

Floyd

MLS | Web ID

6333505

Features
General
Sewer City Sewer/Connected
Heating Baseboard
Roof Shingle
Zoning Lot Residential-Multi-Fa
Garage Spaces 0
Construction Materials Brick
Year Built 1974
Tenant Pays Cable T.V. Electricity
Property Subtype Apartment
Tax Year 2024
Gross Income 50400
Accessibility No Stairs Internal No Stairs External
County Floyd
Net Operating Income 30823.79
Operating Expense 21496.21
Property Type Residential Income
Association Amenities Laundry
Contingency None
MaintenanceExpense 0
Status Active
Directions S Main & Blank St
Association Name NCIR
Number Of Units Total 10
Lot Size Units Acres
Lot Size Square Feet 60984
Tax Annual Amount 3848
Electric Expense 436
Fuel Expense 0
Trash Expense 165
Water Sewer Expense 201
Living Area Units Square Feet
Standard Status Active
Legal Description LOT 5 IS NW NW16-94- 17 & LT 10 NW 16-94-17
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Interior
Basement Crawl Space Slab
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Parking Features Paved
Lot Features Corner Lot
Water Source Public
Lot Dimensions 264X165 + 132x132
Lot Size Acres 1.4
Foundation Area 33662
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* Excluded Features
List By
Jenna Sheriff

Listing Agent

Jane Fischer & Associates Llc

Broker

jenna.sheriff5@gmail.com

Email

Affordability Calculator

$2,192
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
$321
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$300,000 Listed Price

Map


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403 S Main Street, Marble Rock, IA, 50653 is a Multi-Family Home for sale at $300,000 with 3,366 sqft and a lot size of 1.4. 403 S Main Street is a studio with 0.0 baths and was built in 1974. The property's zip code is 50653 which is in Marble Rock, IA