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215 E Ninth Street, Madrid, IA 50156

Madrid
Local realty services provided by:CENTURY 21 Signature Real Estate
215 E Ninth Street,Madrid, IA 50156
$349,900
  • 6 Beds
  • 4 Baths
  • 2,686 sq. ft.
  • Single family
  • Active
Listed by: amanda gregory
Office: boutique real estate
MLS#:736117
Source:IA_DMAAR

Price summary

  • Price:$349,900
  • Price per sq. ft.:$130.27

About this home

Rare opportunity to own a unique and versatile 3,400 sqft residential home with four separate living spaces (each with a private entry). Perfect for an owner-occupant looking to offset their mortgage, or a house hacker or investor looking for additional income streams! The property consists of Unit 1 - XL 2bed/1bath unit with a shared enclosed porch. Unit 2. - Upstairs studio / full bath with a shared enclosed porch. Unit 3 - 2bed/1bath with a private enclosed porch and Unit 4 - 1bed/1bath. Units 1 & 2 could be combined to make a large, 2,200 sq ft living space for an owner-occupier while generating rental income from the two remaining units. Three of the units are fully furnished, all which conveys with the sale. All units are currently occupied with short-term leases. The property has extensive updates including new kitchens in each unit, new windows throughout, new hot water tanks, and newer mini-split systems. In addition, a 2,400 sqft unfinished basement with tall ceilings is a...

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Home facts

  • Year built:1918
  • Listing ID #:736117
  • Added:1 day(s) ago
  • Updated:March 12, 2026 at 05:50 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Laminate
  • Kitchen Description:Cooktop, Dishwasher, Microwave, Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,686 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard, Electric, Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1918
  • Building area:2,686 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Rectangular Lot
  • Construction Materials:Metal Siding
  • Exterior Features:Deck
  • Foundation Description:Block, Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$349,900
  • Price per sq. ft.:$130.27
  • Tax amount:$3,092

Features and amenities

  • Appliances:Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Laundry features:Dryer, Main Level, Washer
  • Amenities:Smoke Detectors, Storage

Parking

  • Parking description:Carport

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