218 Main Street Mc Gregor, IA $ 259,000
218 Main Street
$ 259,000
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218 Main Street

Mc Gregor, IA, 52157
$ 259,000
Bedrooms3 Baths2.0 Sq 1,300

Monthly Estimate*

$ 1,595

Listed by RE/MAX Gold
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Multi-Family Home for sale in Mc Gregor, IA

for $259,000 with 3 bedrooms and 2 full baths. This 1,300 square foot home was built in 1890 on a lot size of 0.06.

Prime mixed-use investment opportunity in the heart of downtown McGregor. This historic brick building features a main-level commercial storefront currently leased as a coffee shop and three residential apartments, creating multiple income streams in a highly visible Main Street location. The residential layout includes a newly remodeled one-bedroom, one-bath unit on the main level, an upstairs efficiency apartment, and a two-bedroom, one-bath unit with interior stairs and a private balcony. All units are in great condition and offer rustic charm consistent with the building’s character. Well maintained with newer HVAC systems and recent roof and plumbing updates. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Strong opportunity for investors seeking income and long-term value in a desirable river town with consistent tourism and small-business activity.

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Multi-Family Active

Price

$ 259,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,902

Style

Lot Size

0.06

Year Built

1890

Town/City

Mc Gregor

County/Region

Clayton

MLS | Web ID

2016669

Features
Interior
Heating Type Forced air
Basement Full Other foundation
Total Number of Units 4
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General
Total Expenses 0
Heating Propane
Utilities Separate elec meters Separate gas meters
Zoning Commercial
School District MFL MarMac
County Clayton
Class Multi Family
Net Income 0
Tax Year 2024
Status Active
Status Detail 0
Year Built 1890
Directions 200 Block of McGregor's Main Street
High School Call School District
City McGregor
Elementary School Call School District
Middle School Call School District
DOM 1
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Exterior
Exterior Brick
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* Excluded Features
List By
Re/Max Gold

Broker

(641) 208-7552

Phone

coltondayproperties@gmail.com

Email

Affordability Calculator

$1,753
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,595
Monthly Property Taxes
$159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1832269 Elementary School
1832498 Middle School
Call School District High School High School
Pricing History
DatePricePrice ChangeDescription
2/17/2026$259,000 Listed Price

Map


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218 Main Street, Mc Gregor, IA, 52157 is a Multi-Family Home for sale at $259,000 with 1,300 sqft and a lot size of 0.06. 218 Main Street has 3 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 52157 which is in Mc Gregor, IA