215 E Ninth Street Madrid, IA $ 349,999
215 E Ninth Street
$ 349,999
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215 E Ninth Street

Madrid, IA, 50156
$ 349,999
Bedrooms6 Baths4.0 Sq 2,686

Monthly Estimate*

$ 2,210

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Single Family Home for sale in Madrid, IA

for $349,999 with 6 bedrooms and 4 full baths. This 2,686 square foot home was built in 1918 on a lot size of 0.21.

Enjoy the quiet charm of small-town living with convenient access to Ames, Ankeny, and Des Moines. This remodeled property features (2) two-bedroom apartments, (1) one-bedroom apartment, and an upper-level studio living space that is directly connected to one of the two-bedroom apartments. The connected spaces can easily function as a single, larger owner's residence, making this an excellent opportunity for an owner-occupant seeking additional living space while generating rental income from the remaining units. Alternatively, they may continue to be utilized as separate living spaces, offering added flexibility. Three living spaces are furnished, and each includes its own appliances and private laundry. Generous unfinished attic and basement areas provide abundant storage and may offer future expansion possibilities, subject to City approval and zoning requirements

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Single Family Active

Price

$ 349,999

Bedrooms

6

Full Bath

4

Property Type

Single Family

Taxes

$ 3,092

Style

Lot Size

0.21

Year Built

1918

Town/City

Madrid

County/Region

Boone

MLS | Web ID

743921

List By
Rachel Knutsen

Listing Agent

Boutique Real Estate

Broker

rachelknutsen.realestate@gmail.com

Email

Affordability Calculator

$2,468
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,210
Monthly Property Taxes
$258
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
3201834 Elementary School
3201833 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$349,999 Listed Price

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215 E Ninth Street, Madrid, IA, 50156 is a Single Family Home for sale at $349,999 with 2,686 sqft and a lot size of 0.21. 215 E Ninth Street has 6 bedrooms, 4.0 baths, and was built in 1918. The property's zip code is 50156 which is in Madrid, IA