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    • $259,000

    218 Main St, Mc Gregor, IA 52157

    3beds
    1,300sqft
    Apartment
    Built in 1890
    -- sqft lot
    $236,600 Zestimate®
    $199/sqft
    $-- HOA

    What's special

    Prime mixed-use investment opportunity in the heart of downtown McGregor. This historic brick building features a main-level commercial storefront currently leased as a coffee shop and three residential apartments, creating multiple income streams in a highly visible Main Street location. The residential layout includes a newly remodeled one-bedroom, one-bath unit on the main level, an upstairs efficiency apartment, and a two-bedroom, one-bath unit with interior stairs and a private balcony. All units are in great condition and offer rustic charm consistent with the building’s character. Well maintained with newer HVAC systems and recent roof and plumbing updates. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Strong opportunity for investors seeking income and long-term value in a desirable river town with consistent tourism and small-business activity.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Colton Day,

    RE/MAX Gold

    Source: SCWMLS,MLS#: 2016669

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Propane, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 3)
      Cooling
      • Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3)
      Appliances
      • Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3)
      • Laundry: In Unit (Unit 1)
      Features
      • Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Pantry ((Unit 1), Primary bedroom bath, Vaulted Ceiling(s) (Unit 1), Eat In Kitchen (Unit 2), Vaulted Ceiling(s) (Unit 2), Family/Rec Room (Unit 3), Pantry ((Unit 3), Shared basement, Vaulted Ceiling(s) (Unit 3)
      • Basement: Full
      Interior area
      • Total structure area: 1,300
      • Total interior livable area: 1,300 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Outside
      • Details: Outside
      Features
      • Levels: Two
      • Patio & porch: Balcony/Patio (Unit 1)
      Lot
      • Size: 2,613 Square Feet
      Details
      • Parcel number: 3422451013
      • Zoning: Commercial

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Brick
      • Foundation: Other
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Separate elec meters, Separate gas meters

      Community & HOA

      Location
      • Region: Mc Gregor

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $128,982
      • Annual tax amount: $1,902
      • Date on market: 2/17/2026
      • Inclusions: Washer, Dryer, Microwave, 3 Stoves, 3 Refridgerators, window ac
      • Exclusions: sellers and renters personal property
      • Total actual rent: 21600

        Estimated market value

        $236,600

        $225,000 - $248,000

        $926/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$259,000$199/sqft
        Source: WIREX MLS #2016669 Report a problem
        5/7/2026Contingent$259,000$199/sqft
        Source: WIREX MLS #2016669 Report a problem
        2/17/2026Listed for sale$259,000-2.3%$199/sqft
        Source: WIREX MLS #2016669 Report a problem
        2/12/2026Listing removed$265,000$204/sqft
        Source: WIREX MLS #2008334 Report a problem
        11/3/2025Listed for sale$265,000$204/sqft
        Source: WIREX MLS #2008334 Report a problem
        10/17/2025Contingent$265,000$204/sqft
        Source: WIREX MLS #2008334 Report a problem
        9/9/2025Listed for sale$265,000+65.7%$204/sqft
        Source: WIREX MLS #2008334 Report a problem
        2/8/2023Listing removed--
        Source: RE/MAX International Report a problem
        12/2/2022Pending sale$159,900$123/sqft
        Source: RE/MAX International #1944993 Report a problem
        12/2/2022Listing removed--
        Source: RE/MAX International Report a problem
        10/16/2022Pending sale$159,900$123/sqft
        Source: RE/MAX International #1944993 Report a problem
        10/16/2022Contingent$159,900$123/sqft
        Source: WIREX MLS #1944993 Report a problem
        10/10/2022Listed for sale$159,900$123/sqft
        Source: WIREX MLS #1944993 Report a problem
        10/6/2022Listing removed--
        Source: WIREX MLS #1931575 Report a problem
        7/1/2022Price change$159,900-3.1%$123/sqft
        Source: WIREX MLS #1931575 Report a problem
        4/12/2022Listed for sale$165,000$127/sqft
        Source: WIREX MLS #1931575 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: 52157

        Getting around

        53 / 100
        Somewhat Walkable
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: MFL MarMac

        Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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