Pending

$175,000

113 N Main St, Monona, IA 52159

8beds

--baths

2,912sqft

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Apartment

Built in 1946

-- sqft lot

$172,400 Zestimate^®

$60/sqft

$-- HOA

What's special

Investment opportunity awaits! This fully occupied 5-plex offers immediate cash flow and strong income-generating potential. The property features five rental units with established tenants in place, making it an excellent addition to any investment portfolio. Well-maintained and positioned for long-term success, this multi-family property provides steady rental income with minimal vacancy concerns. Whether you’re a seasoned investor or looking to expand your real estate holdings, this turnkey investment is one you won’t want to miss. Financial information available to qualified buyers upon request.

25 days

97

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8

Cooling

None

Appliances

Laundry: Lower Level

Features

Basement: Block,Brick/Mortar,Interior Entry,Exterior Entry,Finished

Interior area

Total structure area: 2,912
Total interior livable area: 2,912 sqft
Finished area above ground: 1,560
Finished area below ground: 1,352

Property

Parking

Total spaces: 10
Parking features: Gravel, Parking Pad, Attached
Uncovered spaces: 10

Lot

Size: 10,018 Square Feet
Dimensions: 71X238

Details

Parcel number: 3611487004
Zoning: U-1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Block, Brick
Roof: Membrane

Condition

Year built: 1946

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Other

Community & HOA

Location

Region: Monona

Financial & listing details

Price per square foot: $60/sqft
Tax assessed value: $59,601
Annual tax amount: $952
Date on market: 6/8/2026
Cumulative days on market: 25 days
Lease term: Other
Tenant pays: None

Estimated market value

$172,400

$164,000 - $181,000

$808/mo

Price history

Date	Event	Price
6/11/2026	Pending sale	$175,000$60/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262574 Report a problem
6/8/2026	Listed for sale	$175,000+525%$60/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262574 Report a problem
12/3/2025	Listing removed	$350
Source: Zillow Rentals Report a problem
11/13/2025	Listed for rent	$350
Source: Zillow Rentals Report a problem
2/9/2019	Sold	$28,000$10/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20186278 Report a problem

Public tax history

Tax history is unavailable.

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 52159

Getting around

41 / 100

Car-Dependent

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
MFL MarMac Elementary School
Grades: PK-3Distance: 0.5 mi
9/10
MFL MarMac Middle School
Grades: 6-8Distance: 10.6 mi
5/10
MFL MarMac High School
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

Elementary: MFL Mar Mac
Middle: MFL Mar Mac
High: MFL Mar Mac

Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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