309 N 3rd Street Marshalltown, IA 50158
- Added:
- Mar 6, 2026
- Days on Market:
- 27
- Last Refresh:
- Apr 2 at 7:06 am
Property Features for 309 N 3rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- RES
- Bedrooms
- 8
- Bathrooms
- 8
- Rooms
- Bedroom 2, Bathroom 6, Bedroom 1, Bathroom 3, Bedroom 8, Bathroom 7, Bathroom 5, Bathroom 8, Bedroom 7, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 1
- Appliances
- Refrigerator, Stove
- Standard status
- Pending
- APN
- 8418-26-331-009
- Lot size
- 0.28 Acres
Taxes and HOA fees
- TaxDescription
- Lot 6 of Lot 1 of Lot 13 of the NE Quarter of the SW Quarter of Section 26, Township 84 N, Range 18 W of the 5th
- TaxAnnualAmount
- 4700
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1974
- Number of units
- 8
- Flooring type
- Vinyl, Laminate
- Building materials
- Brick, VinylSiding
- Roof type
- Shingle, Asphalt
Listing agent Thomas Welch (515) 897-7721
Listing office Realty ONE Group Impact 140 S 68th St., Ste. 1105, West Des Moines, IA (515) 446-7524
Listing date Mar 6, 2026
MLS# 736030
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Marshalltown Multifamily Investment Opportunity
This is an 8-unit multifamily building located in Marshalltown, Iowa. All unit interiors were updated between 2022 and 2025. Exterior improvements include new siding, gutters, soffit/fascia, lighting, and doors. The property features one-bedroom units and off-street parking. Situated on a 0.28-acre lot, the property is zoned RES. The building has strong occupancy, solid tenant demand, and clear rent growth potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Marshalltown
- County
- Marshall
- State
- Iowa
- Longitude
- -92.917447
- Latitude
- 42.053344
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Updated 8-unit building with strong occupancy and rent growth potential.
Where is this apartment building located?
The property is located at 309 N 3rd Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Stabilized 8‑unit building with strong occupancy and tenant demand.; **All interiors updated between 2022‑2025.**; Exterior improvements include new siding, gutters, soffit/fascia, lighting, and doors.
