Sold

$270,000

406 Plaza Heights Rd, Marshalltown, IA 50158

--beds

0baths

3,328sqft

Multi Family

Built in 1981

-- sqft lot

$-- Zestimate^®

$81/sqft

$1,342 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,342/mo

Zestimate^® history

Owner options

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$1,342/mo

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$1,342/mo

Rent Zestimate^®

Refinance and save

$1,481/mo

Est. payment

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$1,481/mo

Est. payment

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What's special

This fully leased multi-family property offers an excellent investment opportunity with four 2-bedroom, 1-bathroom units, featuring newer updates, including a roof, furnaces, flooring, fresh paint, updated light fixtures, and a new wood front deck. The building also includes a fully functional laundry room, dedicated parking, and is ideally located near a newly renovated bike trail, public park, shopping centers, and schools in a family-friendly neighborhood. Don’t miss out on this versatile, income-generating 4-plex—contact us today to schedule a viewing!

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Forced Air

Features

Basement: Other
Has fireplace: No

Interior area

Total interior livable area: 3,328 sqft

Property

Accessibility

Accessibility features: None

Features

Stories: 2

Lot

Size: 0.36 Acres
Dimensions: 0.3600 acres

Details

Parcel number: 831811277015

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding

Condition

Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Marshalltown
Subdivision: PLAZA HEIGHTS FOURTH ADD

HOA & financial

HOA

Has HOA: No
Association name: MIR

Price history

Date	Event	Price
9/30/2024	Sold	$270,000-1.8%$81/sqft
Source: NoCoast MLS as distributed by MLS GRID #6320358 Report a problem
8/26/2024	Pending sale	$275,000$83/sqft
Source: DMMLS #701147 Report a problem
8/16/2024	Listed for sale	$275,000+66.2%$83/sqft
Source: DMMLS #701147 Report a problem
11/27/2019	Sold	$165,500-8%$50/sqft
Source: NoCoast MLS as distributed by MLS GRID #5469964 Report a problem
10/18/2019	Pending sale	$179,900$54/sqft
Source: 1st Rate Real Estate #35016684 Report a problem
5/2/2019	Listed for sale	$179,900$54/sqft
Source: 1st Rate Real Estate #35016684 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,926 +22%	$160,420
2023	$2,399 -16.1%	$160,420 +49.7%
2022	$2,858 -10.3%	$107,160
2021	$3,186 -5.2%	$107,160 -5.2%
2020	$3,360 -0.5%	$112,980
2019	$3,377 -13%	$112,980 +2.8%
2018	$3,882 +9.5%	$109,880 +18%
2017	$3,544 -8.7%	$93,093 -4.3%
2016	$3,882 -5.8%	$97,325 -4.2%
2015	$4,122 -9.8%	$101,556 -10%
2014	$4,568 -7%	$112,840
2013	$4,913 -1.9%	--
2012	$5,006 -0.9%	--
2011	$5,051 +3.7%	--
2010	$4,872 -0.3%	--
2009	$4,888 -0.1%	--
2008	$4,894 +3.2%	--
2007	$4,744 +44.1%	--
2005	$3,292	--