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    403 S Main St Marble Rock, IA 50653

    For Sale
    $300,000

    Apartment - Marble Rock, IA

    Type:Apartment
    Property size:
    3,366 SF
    Lot size:
    1.40 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 403 S Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    Lot,Residential-Multi-Fa
    APN
    14-16-111-001-00
    Parking features
    Paved or Surfaced
    Exterior features
    Corner Lot
    Size
    3,366 SF
    Lot size
    1.40 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1974
    Number of units
    10
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Jane Fischer & Associates LLC (641) 424-4663

    Listing agent Jenna Sheriff (641) 424-4663 License #***

    Listing date Nov 7, 2025

    MLS# 6333505 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Apartment Complex in Marble Rock

    This brick two-building complex contains ten units, with five units in each building, offering both one- and two-bedroom layouts. The units feature refreshed kitchens, bright living areas, and modern finishes. Recent improvements include new roofs, doors, windows, water heaters, softeners, and recirculation pumps. On-site amenities include private parking, coin-operated laundry, and a central dumpster. Across the street is a bonus 0.4-acre lot that allows for additional apartments, garages, or storage. The property is located in Marble Rock, Iowa. The lot size is 1.4 acres and the property size is 3,366 square feet. The zoning is Lot,Residential-Multi-Fa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Department Store Bar & Pub Discount Store Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marble Rock
    County
    Floyd
    State
    Iowa
    Longitude
    -92.868658
    Latitude
    42.962159

    FAQs

    What type of property is this?
    Apartment building - Two-building complex with ten units and recent updates.
    Where is this apartment building located?
    The property is located at 403 S Main St Marble Rock, IA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Two-building complex with 10 updated units offering immediate rental income.; - Recent major improvements: **new roofs, doors, windows, water heaters, softeners, and recirculation pumps.**; - Bonus .4-acre lot across the street provides expansion or development opportunities.
    (641) 424-4663
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    Marble Rock, IA 50653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    403 S Main St Marble Rock, IA 50653
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