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    98 Main St Massena, IA 50853

    Pending
    For Sale
    $95,000

    MULTI_FAMILY - Other - Massena, IA

    Property size:
    1,636 SF
    Lot size:
    0.21 Acres
    Days on Market:
    129
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 98 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Res
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Basement, Bedroom 7, Bathroom 2, Bedroom 8
    Bedrooms
    8
    Bathrooms
    4
    APN
    420008930001000
    Parking features
    Garage
    Size
    1,636 SF
    Lot size
    0.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Building materials
    VinylSiding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Concepts (515) 276-2872 [email protected]

    Listing agent Angela McKenzie (515) 276-2872

    Listing date Aug 1, 2025

    Copyright © 2025 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

    Massena Iowa Triplex Investment Opportunity

    This triplex investment property is located in Massena, Iowa, situated between Omaha (60 miles) and West Des Moines (70 miles). The property features three separate units, each with private entrances and laundry facilities. The main level was remodeled in 2018 and includes a commercial-grade cooktop and restoration hardware fixtures. New windows were installed throughout the building during the remodel. Fiber internet is available. The upstairs units were previously rented to traveling workers, with each of the 6 bedrooms generating $400 per month. The main level also includes a storefront space suitable for a small business, office, or studio. Additional features include a 2-car garage plus shop with 220 power. The building's history dates back to 1887. The property size is 1636 square feet and the lot size is 0.207 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Massena
    County
    Cass
    State
    Iowa
    Longitude
    -94.76847
    Latitude
    41.251642

    FAQs

    What type of property is this?
    Triplex - Three-unit property with storefront, garage, and remodeling in Massena, Iowa.
    Where is this triplex located?
    The property is located at 98 Main St Massena, IA.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Rare 3-plex investment property with income potential from three separate units.; - Strategically located in Massena, Iowa, between Omaha and West Des Moines along I-80.; - Each unit has private entrances and in-unit laundry.
    (515) 276-2872
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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
    98 Main St Massena, IA 50853
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