Susan Rekward
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
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!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 2,800
County: Marshall
Subdivision: MARSHALL
Listed By:
Premier Real Estate
641-754-5678
No Coast MLS
MLS ID: 6342719
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109 S 2nd Street, Marshalltown, IA 50158.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $179,900 | $179,900 | $179,900 |
| Down Payment | $35,980 | $6,297 | $44,975 |
| Monthly Mortgage Amount | $982 | $1,205 | $1,203 |
| Taxes | $250 | $250 | $250 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $79 | $0 |
| Monthly Estimated Total | $1,332 | $1,634 | $1,553 |
Susan Rekward
REALTOR®
Cell: (319) 430-1701
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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