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Sold
  • $95,000

    515 Main St, Iowa Falls, IA 50126

    --beds
    0baths
    2,860sqft
    Triplex
    Built in 1914
    -- sqft lot
    $-- Zestimate®
    $33/sqft
    $975 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $975/mo

    Zestimate® history
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    What's special

    Shared drivewayHardwood floorsLarge bay window
    This is a great investment opportunity for someone wanting to venture into the rental space or someone who is experienced. This property features three rental units. The first unit is a two story large two bedroom, one bath that features hardwood floors and fireplace. The second unit is a one bedroom, one bathroom that features a large bay window and hardwood floors, recent updates include new stove, new bathroom flooring, toilet and updated bathtub. The third unit is on the second level and is a recently remodeled one bedroom, one bath. The basement area has great potential to be turned back into a fourth unit, currently has plumbing for a kitchen, has a bathroom/shower and could be another two bedroom unit. The basement also features a laundry room for the entire building. The building does have a shared driveway with the neighbors through an easement. The building currently has a property manager that is willing to stay on with the property if the new owner would like. The units in this building do not stay empty for long and is a great income opportunity for anyone! Come see your new investment today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Schachtner 515-297-3194,

    Ferris Real Estate

    Bought with:

    Heather Schachtner, ***

    Ferris Real Estate

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6337893MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Boiler
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,860 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 8,712 sqft
    • Dimensions: 66 x 132
    Details
    • Parcel number: 892113288009

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Iowa Falls

    Price history

    DateEventPrice
    6/30/2026Sold$95,000-6.9%$33/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6337893 Report a problem
    6/22/2026Pending sale$102,000$36/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6337893 Report a problem
    5/4/2026Listed for sale$102,000-4.7%$36/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6337893 Report a problem
    3/11/2026Listing removed$107,000$37/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6331706 Report a problem
    9/11/2025Listed for sale$107,000+12.9%$37/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6331706 Report a problem
    12/30/2021Sold$94,800-7.5%$33/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6092530 Report a problem
    10/19/2021Pending sale$102,500+192.9%$36/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6092530 Report a problem
    12/15/2015Sold$35,000-47.8%$12/sqft
    Source: Agent Provided Report a problem
    4/9/2015Listing removed$67,000$23/sqft
    Source: Jennings Real Estate #14702 Report a problem
    1/20/2015Listed for sale$67,000+8.1%$23/sqft
    Source: Jennings Real Estate #14702 Report a problem
    6/10/2011Sold$62,000-11.3%$22/sqft
    Source: NoCoast MLS as distributed by MLS GRID #5346615 Report a problem
    5/4/2011Listed for sale$69,900$24/sqft
    Source: Jennings Real Estate #13081 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,522 +5%$151,340 +19.6%
    2024$2,402 +6.7%$126,560
    2023$2,252 -11.6%$126,560 +23.2%
    2022$2,548 +54.4%$102,740
    2021$1,650 -4.3%$102,740 +66.4%
    2020$1,724 -1.3%$61,730
    2019$1,747 -17.1%$61,730
    2018$2,108 +11.3%$61,730
    2017$1,894 -17.1%$61,730
    2016$2,284 -7.9%$61,730
    2015$2,480 -7.4%$61,730
    2014$2,678 +4%$61,730
    2013$2,576 -20.3%--
    2012$3,232 -13%--
    2008$3,716 --

    Find assessor info on the county website

    Neighborhood: 50126

    Nearby schools

    GreatSchools rating
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