Pending

$269,000

505 Main St, Iowa Falls, IA 50126

6beds

2,786sqft

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MultiFamily

Built in 1937

-- sqft lot

$-- Zestimate^®

$97/sqft

$-- HOA

Overview

This duplex is walking distance to downtown shopping, post office, churches and a grocery store. Each side of the duplex has three bedrooms and one and a half baths and has been well maintained. New roof installed October 2025. You’ve got options! Presently both sides of the duplex are furnished for short-term rentals; private rentals, Airbnb, VRBO, etc. Each side is complete with furniture, all linens, appliances and stocked kitchens. Can be purchased furnished or not. Live in one side and rent out the other side to make your mortgage payment. $269,000. Inquiries to hornungs105@gmail.com.

What the owner loves about this home

Location, location, location! Walkable to everything downtown Iowa Falls. We're proud to be the second owners of this property, you can be the third! This home has plenty of charm and character that you must see to appreciate!

79 days

29

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Heating

Radiant, Gas

Cooling

Central, Other

Appliances

Included: Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Laminate
Basement: Unfinished

Interior area

Total interior livable area: 2,786 sqft

Property

Parking

Total spaces: 4
Parking features: Off-street, Garage

Features

Exterior features: Other
Has view: Yes
View description: Park, City

Lot

Size: 8,804 Square Feet

Details

Parcel number: 892113288010

Construction

Type & style

Home type: MultiFamily

Materials

Frame
Foundation: Other
Roof: Asphalt

Condition

New construction: No
Year built: 1937

Community & HOA

Location

Region: Iowa Falls

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $107,190
Annual tax amount: $1,880
Date on market: 4/17/2026

Estimated market value

Not available

Estimated sales range

Not available

$830/mo

Price history

Date	Event	Price
5/25/2026	Pending sale	$269,000$97/sqft
Source: Owner Report a problem
4/17/2026	Listed for sale	$269,000$97/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,880 +4.9%	$107,190 +13.6%
2024	$1,792 +4.3%	$94,350
2023	$1,718 +4.1%	$94,350 +20.4%
2022	$1,650 -32%	$78,340
2021	$2,428 +3.5%	$78,340 -27.9%
2020	$2,346 +10.6%	$108,680
2019	$2,121 +0.3%	$108,680 +10%
2018	$2,116 -1.2%	$98,800 +10%
2017	$2,142	$89,810
2016	$2,142 -4.1%	$89,810
2015	$2,234 +0.2%	$89,810
2014	$2,230	$89,810

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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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