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Pending
  • $179,900

    109 S 2nd St, Marshalltown, IA 50158

    --beds
    0baths
    2,800sqft
    : 
    $1,367/mo
    Get pre-qualified
    Quadruplex
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $64/sqft
    $-- HOA

    What's special

    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!
    32 days
    7
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Brodin 641-691-1185,

    Premier Real Estate

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6342719MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Forced Air, Baseboard
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,800 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Stories: 2
      Lot
      • Size: 10,018 Square Feet
      Details
      • Parcel number: 841835129018

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: MARSHALL
      HOA
      • Has HOA: No
      Location
      • Region: Marshalltown

      Financial & listing details

      • Price per square foot: $64/sqft
      • Tax assessed value: $89,230
      • Annual tax amount: $1,706
      • Date on market: 9/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,157/mo

        Price history

        DateEventPrice
        9/15/2026Pending sale$179,900+43.9%$64/sqft
        Source: NoCoast MLS as distributed by MLS GRID #6342719 Report a problem
        3/23/2023Sold$125,000+150%$45/sqft
        Source: Public Record Report a problem
        1/4/2005Sold$50,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,307 +29.1%$89,230 -25.3%
        2024$1,787 +60.9%$119,410 +21.9%
        2023$1,111 -16.1%$97,970 +97.4%
        2022$1,324 -5.4%$49,630
        2021$1,400 -5.2%$49,630
        2020$1,476 +2.1%$49,630
        2019$1,445 -10.1%$49,630 +5.6%
        2018$1,607 +6%$47,020 +22%
        2017$1,516 -5.6%$38,528 -4.3%
        2016$1,606 -5.9%$40,279 -4.2%
        2015$1,706 -9.7%$42,030 -10%
        2014$1,890 -8.7%$46,700
        2013$2,071 -1.8%--
        2012$2,109 -1.9%--
        2011$2,149 +3.7%--
        2010$2,072 -0.3%--
        2009$2,078 -0.1%--
        2008$2,081 +3.1%--
        2007$2,018 +5.8%--
        2005$1,908 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 50158

        Getting around

        81 / 100
        Very Walkable
        21 / 100
        Minimal Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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