1012 S 5th Ave, Marshalltown, IA 50158

Excellent investment opportunity with double the potential! This up-and-down duplex at 1012 S 5th Ave includes a bonus rear lot at 1019 S 6th Ave, offering a generous combined lot size of 0.79 acres. Major updates—newer roof (2020) and new sewer line (2024). The main-level unit is currently rented for $750/month and features a front porch, spacious formal living and dining rooms, a sealed brick fireplace, 1 bedroom, 3/4 bath with updates, and a full kitchen with included refrigerator and range. Charming built-ins enhance the rear porch for this lower unit. The upper-level unit, currently rented at $600/month, includes 2 bedrooms, 1 full bath, a compact kitchen, and a living/dining combo. Both units have access to the shared basement for laundry and additional storage. Owner currently pays for insurance, water, snow/lawn care, and pest control. Tenants pay for their own electric, gas, and trash. New buyers may choose to retain the current tenants or provide notice to vacate. In April 2025, the basement and ductwork were professionally cleaned by Captain Clean. Set in a residential area and a registered rental with the City, this property is ideal for anyone looking for rental income! Call for your private showing today!