109 S 2Nd Street Marshalltown, IA $ 179,900
109 S 2Nd Street
$ 179,900
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109 S 2Nd Street

Marshalltown, IA, 50158
$ 179,900
Bedrooms-- Baths0.0 Sq 2,800

Monthly Estimate*

$ 1,136

109 S 2Nd Street, Marshalltown, IA 50158 - Image 1

Multi-Family Home for sale in Marshalltown, IA

for $179,900. This 2,800 square foot home was built in 1890 on a lot size of 0.23.

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!

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Multi-Family Pending

Price

$ 179,900

Property Type

Multi-Family

Taxes

$ 1,706

Style

Lot Size

0.23

Year Built

1890

Town/City

Marshalltown

County/Region

Marshall

MLS | Web ID

6342719

Features
General
Sewer City Sewer/Connected
Heating Forced Air Baseboard
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1890
Stories Count 2
Property Subtype Quadruplex
Tax Year 2025
Gross Income 33900
Accessibility None
County Marshall
Operating Expense 10695
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name MARSHALL
Status Pending
Directions GPS
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 10018.8
Tax Annual Amount 1706
Electric Expense 0
Fuel Expense 1300
Trash Expense 1183
Water Sewer Expense 1500
Living Area Units Square Feet
Standard Status Pending
Legal Description LOT 11 EX S 27' W 32' BLK 18
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Interior
Basement Unfinished
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions Irregular
Lot Size Acres 0.23
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* Excluded Features
List By
Matthew Brodin

Listing Agent

Premier Real Estate

Broker

brodin.matt@gmail.com

Email

Affordability Calculator

$1,278
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,136
Monthly Property Taxes
$142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/15/2026$179,900 Listed Price

Map


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109 S 2Nd Street, Marshalltown, IA, 50158 is a Multi-Family Home for sale at $179,900 with 2,800 sqft and a lot size of 0.23. 109 S 2Nd Street has 0.0 baths and was built in 1890. The property's zip code is 50158 which is in Marshalltown, IA