Stabilized 8 unit building with all interiors updated between 2022–2025. Exterior improvements include new siding, gutters, soffit/fascia, lighting, and doors. All units are 1BR with off-street parking. Strong occupancy, solid tenant demand, and clear rent growth potential. Investor packet available.
Sold for $490,000
$490,000
309 N 3rd St, Marshalltown, IA 50158
8beds
--sqft
Multi Family, Apartment
Built in 1974
-- sqft lot
$-- Zestimate®
$--/sqft
$1,171 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,171/mo
Zestimate® history
Owner options
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$1,171/mo
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$1,171/mo
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$3,273/mo
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List your homeWhat's special
Off-street parkingNew siding
Zillow last checked:
Listing updated:
Listed by:
Thomas Welch (515)897-7721,
Realty ONE Group Impact
Bought with:
Thomas Welch
Realty ONE Group Impact
Source: DMMLS,MLS#: 736030
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Natural Gas, Radiant
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Stove
Features
- Flooring: Laminate, Vinyl
Property
Lot
- Size: 0.28 Acres
- Features: Irregular Lot
Details
- Parcel number: 841826331009
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Block, Slab
- Roof: Asphalt,Shingle
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Marshalltown
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $490,000-6.7% |
Source:  DMMLS #736030 Report a problem | ||
| 3/27/2026 | Pending sale | $525,000 |
Source: DMMLS #736030 Report a problem | ||
| 3/11/2026 | Listed for sale | $525,000+31.3% |
Source: DMMLS #736030 Report a problem | ||
| 6/6/2025 | Listing removed | $695 |
Source: Zillow Rentals Report a problem | ||
| 5/7/2025 | Price change | $695-4.1% |
Source: Zillow Rentals Report a problem | ||
| 2/26/2025 | Price change | $725+4.3% |
Source: Zillow Rentals Report a problem | ||
| 2/24/2025 | Listed for rent | $695 |
Source: Zillow Rentals Report a problem | ||
| 6/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/19/2024 | Listed for rent | $695 |
Source: Zillow Rentals Report a problem | ||
| 6/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/8/2024 | Price change | $695-4.1% |
Source: Zillow Rentals Report a problem | ||
| 4/17/2024 | Listed for rent | $725 |
Source: Zillow Rentals Report a problem | ||
| 4/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/21/2024 | Listed for rent | $725 |
Source: Zillow Rentals Report a problem | ||
| 8/16/2022 | Sold | $400,000-7% |
Source:  NoCoast MLS as distributed by MLS GRID #6182132 Report a problem | ||
| 6/3/2022 | Pending sale | $429,900 |
Source: NoCoast MLS as distributed by MLS GRID #6182132 Report a problem | ||
| 4/20/2022 | Listed for sale | $429,900 |
Source: NoCoast MLS as distributed by MLS GRID #6182132 Report a problem | ||
| 4/11/2022 | Listing removed | -- |
Source: NoCoast MLS as distributed by MLS GRID #6173115 Report a problem | ||
| 4/1/2022 | Listed for sale | $429,900+75.5% |
Source: NoCoast MLS as distributed by MLS GRID #6173115 Report a problem | ||
| 11/15/2017 | Sold | $245,000 |
Source: NoCoast MLS as distributed by MLS GRID #5469926 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,438 +20.9% | $243,280 |
| 2023 | $3,671 -16.1% | $243,280 +48.4% |
| 2022 | $4,374 -5.4% | $163,980 |
| 2021 | $4,625 -5.2% | $163,980 |
| 2020 | $4,877 +5.3% | $163,980 |
| 2019 | $4,633 +34.6% | $163,980 +8.8% |
| 2018 | $3,443 +0.3% | $150,730 +82.6% |
| 2017 | $3,434 -0.3% | $82,562 +2.4% |
| 2016 | $3,444 +0.8% | $80,657 -38.2% |
| 2015 | $3,416 -41.8% | $130,500 -10% |
| 2014 | $5,868 -8.1% | $145,000 |
| 2013 | $6,388 -1.9% | -- |
| 2012 | $6,510 -2% | -- |
| 2011 | $6,641 +3.7% | -- |
| 2010 | $6,406 -0.3% | -- |
| 2009 | $6,426 -0.2% | -- |
| 2008 | $6,436 +3.2% | -- |
| 2007 | $6,238 +7.1% | -- |
| 2005 | $5,824 | -- |
Find assessor info on the county website
Neighborhood: 50158
Nearby schools
GreatSchools rating
- 2/10Rogers Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 3/10B R Miller Middle SchoolGrades: 7-8Distance: 0.9 mi
- 4/10Marshalltown High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Marshalltown
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Marshall County
- Marshalltown
- 50158
- 309 N 3rd St
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