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109 S Marshall Street, Burlington, IA 52601

Local realty services provided by:CENTURY 21 Property Professionals
109 S Marshall Street,Burlington, IA 52601
$154,999
  • - Beds
  • - Baths
  • 2,816 sq. ft.
  • Multi-family
  • Active
Listed by: adrian wilson
Office: midwest realty
MLS#:6324864
Source:IA_HIMLS

Price summary

  • Price:$154,999
  • Price per sq. ft.:$55.04

About this home

Investment Opportunity – 4-Unit Apartment Building Near Downtown. Excellent investment property offering strong income potential with immediate cash flow and value-add opportunities. This 4-unit apartment building features two lower-level 1-bedroom units, both leased at $750/month. Unit B has been recently updated with fresh paint and luxury vinyl plank flooring, enhancing its appeal to residents. The upper level includes a vacant studio (Unit C) and a vacant 2-bedroom unit (Unit D), providing an opportunity to increase rental income. When fully leased, the property has a potential gross monthly income of $3,175. The owner currently pays for electric and water, while tenants are responsible for gas, helping to manage operating expenses. The property also features newer HVAC systems and water heaters, reducing maintenance costs. Additionally, there is a detached garage that was previously rented for extra income but is currently vacant, offering further income potential. Conveniently

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Home facts

  • Year built:1899
  • Listing ID #:6324864
  • Added:351 day(s) ago
  • Updated:January 28, 2026 at 05:19 PM

Rooms and interior

  • Living area:2,816 sq. ft.

Structure and exterior

  • Year built:1899
  • Building area:2,816 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$154,999
  • Price per sq. ft.:$55.04
  • Tax amount:$1,909 (2024)

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