This offering includes two buildings located on Main Street near the Keystone Bridge. The first building is currently operating as a well-known neighborhood bar, where locals have long gathered to enjoy a cold beverage, a slice of pizza, a game of pool, and great conversation. Above the commercial space is a two-bedroom, one-bath residence, ideal for owner occupancy or additional rental income. The neighboring building was formerly used entirely as residential space. Per City of Elkader requirements, the main level must now be used as commercial space, while the upper level may remain residential if desired by the new owner. It currently features a two-bedroom, two-bath apartment-style residence. Both buildings are being sold AS-IS. Cherished by three local families over the past 60 years, including the current owner for the past 32 years, this unique property offers the opportunity for commercial use, residential living, and income-producing potential in a prime downtown location. *There are some virtually staged or altered photos
For sale
$165,000
117 S Main St, Elkader, IA 52043
4beds
4,920sqft
Single Family Residence, Residential
Built in 1870
4,791 Square Feet Lot
$-- Zestimate®
$34/sqft
$-- HOA
What's special
Two-bedroom one-bath residenceTwo-bedroom two-bath apartment-style residence
- 98 days
- 309
- 28
Zillow last checked:
Listing updated:
Listed by:
Chassy Pollard 319-720-5700,
Better Way Realty
Source: Iowa City Area AOR,MLS#: 202604230
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Wall/Window Unit(s), Other, Central Air
Appliances
- Included: None
- Laundry: Other
Features
- High Ceilings, Vaulted Ceiling(s), Wet Bar, Other
- Flooring: Carpet, Wood
- Basement: Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,920
- Total interior livable area: 4,920 sqft
- Finished area above ground: 4,920
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Carport, Guest, Off Street, On Street
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony, Other
- On waterfront: Yes
Lot
- Size: 4,791 Square Feet
- Features: Less Than Half Acre, Waterfront
Details
- Additional structures: Guest House
- Parcel number: 2523317006 and 252331700
- Zoning: C, Resi
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Other, Brick, Unknown
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Close To School
- Subdivision: ELKADER LOT 6 FRAC. BLK
Location
- Region: Elkader
Financial & listing details
- Price per square foot: $34/sqft
- Tax assessed value: $80,968
- Annual tax amount: $2,724
- Date on market: 7/8/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,904/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $165,000-5.7%$34/sqft |
Source:  CRAAR, CDRMLS #2604852 Report a problem | ||
| 6/26/2026 | Listing removed | $175,000$36/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20252952 Report a problem | ||
| 6/25/2025 | Listed for sale | $175,000$36/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20252952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,768 +10% | $80,968 +14.5% |
| 2024 | $1,608 -3.8% | $70,691 |
| 2023 | $1,672 +4.6% | $70,691 +10.5% |
| 2022 | $1,598 +19.3% | $63,986 |
| 2021 | $1,340 -26.1% | $63,986 +19.3% |
| 2020 | $1,814 -0.9% | $53,642 |
| 2019 | $1,831 -0.7% | $53,642 -2% |
| 2018 | $1,844 +30.2% | $54,754 |
| 2017 | $1,416 +0.6% | $54,754 +5.9% |
| 2015 | $1,408 +26.2% | $51,703 |
| 2014 | $1,116 | $51,703 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 52043
Nearby schools
Schools provided by the listing agent
- Elementary: Central
- Middle: Central
- High: CentralElkader
Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
