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Off market
  • $187,400

    108 N Neptune St, Marathon, IA 50565

    6beds
    2,688sqft
    Multi Family
    Built in 1972
    -- sqft lot
    $187,400 Zestimate®
    $70/sqft
    $832 Estimated rent

    Home value

    $187,400

    $150,000 - $227,000

    $832/mo

    Zestimate® history
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    What's special

    4-Unit Property.  Exterior Parking.  Great Investment Opportunity. Looking for your next investment opportunity?  This 4-unit complex is fully occupied and is a great investment. There are two one-bedroom units and two two-bedroom units.  All units have a living space, kitchen/dining, full bathroom, and either one or two bedrooms. Market Rent Rates: Unit 108-1: 2 Bed, 1 Bath, $500/mo (effective 11/1) Unit 108-2: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 108-3: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 108-4: 2 Bed, 1 Bath, $500/mo (effective 11/1) Market Rent Roll: $1,800 Actual Rent Roll: $1,750 There is room for shared laundry space that could contain a coin-operated washer and dryer.  This yields approximately $100/month in the building adjacent. Tenant pay for: Water/Sewer Electric Garbage Pet: $20/month Owner pays for: Electric/Water/Sewer for Common Spaces: $200/month Insurance: $137.50/month Taxes: approx $722/year Lawn/Snow Removal: $75/month Security deposits will be included upon closing. There is ample exterior parking available for tenants.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Doughan 712-441-6097,

    Northwest Realty

    Bought with:

    Joyce L Rasmus, B43050

    Rasmus Realty & Auction

    Source: Northwest Iowa Regional BOR,MLS#: 819419MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • Window Unit(s)
    Interior area
    • Total structure area: 2,688
    • Total interior livable area: 2,688 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 0421253001
    • Zoning: Multi-Res
    • Zoning description: Multi-Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Marathon

    HOA & financial

    Other financial information
    • Total actual rent: 1750

    Other

    Other facts
    • Price range: $150K - $187.4K

    Price history

    DateEventPrice
    4/10/2023Sold$150,000-5.7%$56/sqft
    Source: Northwest Iowa Regional BOR #819419 Report a problem
    2/2/2023Pending sale$159,000$59/sqft
    Source: Northwest Iowa Regional BOR #819419 Report a problem
    11/21/2022Listed for sale$159,000$59/sqft
    Source: Northwest Iowa Regional BOR #819419 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 50565

    Nearby schools

    GreatSchools rating
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