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!
Pending
$179,900
109 S 2nd St, Marshalltown, IA 50158
--beds
0baths
2,800sqft
Quadruplex
Built in 1890
-- sqft lot
$-- Zestimate®
$64/sqft
$-- HOA
What's special
- 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#: 6342719
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
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Pending sale | $179,900+43.9%$64/sqft |
Source: | ||
| 3/23/2023 | Sold | $125,000+150%$45/sqft |
Source: Public Record Report a problem | ||
| 1/4/2005 | Sold | $50,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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




