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109 S 2nd Street, Marshalltown, IA 50158

Marshalltown
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
109 S 2nd Street,Marshalltown, IA 50158
$179,900
  • - Beds
  • - Baths
  • 2,800 sq. ft.
  • Multi-family
  • Pending
Listed by: matthew brodin
Office: premier real estate
MLS#:6342719
Source:IA_HIMLS

Price summary

  • Price:$179,900
  • Price per sq. ft.:$64.25

About this home

Investment opportunity near downtown Marshalltown! This 4-unit property is positioned for its next owner to step in and continue generating income, with 2 units completely remodeled and currently rented and 2 additional units rent-ready. The property was inspected as a rental in May 2026 and passed, adding confidence for the next owner. Improvements include permanent siding, many replacement windows, and a new front deck, while the property continues to offer additional potential. A large 2-stall detached garage with a loft provides valuable storage and may offer another opportunity for rental income or added revenue. Whether you're looking to expand an existing portfolio or add your first multi-unit property, much of the work has already been done. With four units, recent improvements, and additional possibilities, there is plenty to appreciate here. Call today to schedule your private showing and take a closer look at the potential!

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Home facts

  • Year built:1890
  • Subdivision & Development:MARSHALL
  • Listing ID #:6342719
  • Added:1 day(s) ago
  • Updated:September 15, 2026 at 09:18 PM

Rooms and interior

  • Basement:Yes
  • Living area:2,800 sq. ft.

Structure and exterior

  • Year built:1890
  • Building area:2,800 sq. ft.
  • Lot area:0.23 Acres

Finances and disclosures

  • Price:$179,900
  • Price per sq. ft.:$64.25
  • Tax amount:$1,706 (2025)

Parking

  • Garage:Yes
  • Garage spaces:2

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