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101 SPARTA ST, Marathon, IA 50565

Marathon
Local realty services provided by:CENTURY 21 Signature Real Estate
101 SPARTA ST,Marathon, IA 50565
$238,000
  • - Beds
  • - Baths
  • 5,052 sq. ft.
  • Multi-family
  • Active
Listed by: tyler aube
Office: real estate specialists of storm lake, inc
MLS#:835143
Source:IA_GSCBOR

Price summary

  • Price:$238,000
  • Price per sq. ft.:$47.11

About this home

Eight-unit multifamily investment property at 101 Sparta in Marathon, Iowa. The property consists of two four-unit buildings and is currently fully occupied, with scheduled rents totaling $3,325 per month. Both buildings have new roofs, with approximately $30,000 invested in the replacement. Located within reach of Spencer, Storm Lake, Laurens, and other area communities and employers. Offered together as one eight-unit property. All units have a living space, kitchen/dining, full bathroom, and one bedroom. There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of the buildings. There is storage space in the opposite building of the laundry. Tenant pays for: Water, Sewer, and Electric. Owner pays for: Electric, Water, Sewer for Common Spaces & Garbage. Lawn/Snow Removal is paid for by the owner. There is ample exterior parking available for tenants.

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Home facts

  • Year built:1976
  • Listing ID #:835143
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 10:48 PM

Rooms and interior

  • Living area:5,052 sq. ft.

Heating and cooling

  • Cooling:Window Unit

Structure and exterior

  • Year built:1976
  • Building area:5,052 sq. ft.
  • Lot area:1.66 Acres

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$238,000
  • Price per sq. ft.:$47.11
  • Tax amount:$3,418

Parking

  • Parking description:Gravel Driveway

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