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Apartment Building with Updated Units
New
For Sale
$175,000

405 W Church Street, Marshalltown, IA 50158

MultiFamily, Marshalltown, IA

Property Size3,110 SF
Lot Size0.25 Acres
Price / SF$56.27
Days on Market4

Property Features for 405 W Church Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R
Bedrooms 4
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 3, Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bathroom 5, Bathroom 2
Appliances Cooktop, Refrigerator, Stove
Lot features Rectangular Lot
Elementary school district Marshalltown
Middle school district Marshalltown
High school district Marshalltown
Directions From the Marshalltown courthouse, head west on W Main St. Turn left (south) onto S 4th St. Turn right (west) onto W Church St.
Subdivision Marshalltown
Standard status Active
APN 841835102013
Size 3,110 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description RICES ADD LOT 10 BLK 2
Tax Annual Amount 2050
Legal Description RICES ADD LOT 10 BLK 2

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Roof type Asphalt, Shingle
Listing Agency: RE/MAX Precision · RE/MAX International
Listed By: William Soto
Added: Aug 26 Last Checked: Aug 29 at 1:06AM
MLS# 747876

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.

Investment Insights

Based on property information with market context.

This apartment property contains five units within 3,110 square feet on a 0.2479-acre parcel. Unit 5 is configured as a two-bedroom, one-bath apartment and was recently updated, while Unit 3 received updates in 2022. The property is offered in as-is condition and includes cooktops, refrigerators, and stoves. Heating is provided by forced-air natural gas systems, with window-unit cooling. The building has an asphalt shingle roof and a basement.

Located at 405 W Church Street in Marshalltown, the property is near downtown and is served by public water and public sewer. The zoning designation is R. Current rents are below market, as stated in the property information.

Key Highlights

  • Five‑unit apartment property totaling 3,110 square feet
  • Unit 5 offers 2 bedrooms and 1 bathroom and was recently updated
  • Unit 3 updated in 2022

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Grocery & Convenience Store Carpet & Flooring Store Catering Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

737
Businesses Nearby

Demographics for 50158, IA

31,466
Population
12,614
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
84%
High-School Grad
212.2 sq mi
ZIP Area
148
Density / Sq Mi
$71,212
Median Household Income
$40,437
Median Earnings
$865
Median Rent
$130,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit residential property with recent improvements to two apartments and public water and sewer service.
Where is this apartment building located?
The property is located at 405 W Church Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Five‑unit apartment property totaling 3,110 square feet; Unit 5 offers 2 bedrooms and 1 bathroom and was recently updated; Unit 3 updated in 2022
More about this property
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