8-Unit Multifamily
101 Sparta St, Marathon, IA 50565
For Sale
$238,000
Two four-unit buildings provide one-bedroom layouts, shared laundry, and exterior tenant parking.
Property Size5,052 SF
Price / SF$47.11
Days on Market16
Property Features for 101 Sparta St
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
coin-operated laundry
storage space
exterior parking
Building Details
Buildings
Listing Agency:
Real Estate Specialists of Storm Lake, Inc
Listed By:
Tyler Aube
(712) 299-7296
Source:
Exprealty
Added: Oct 29
Changed: Nov 10
Last Checked: Nov 12 at 1:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Specialists of Storm Lake, Inc
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Investment Insights
Based on property information with market context.
At 101 Sparta St in Marathon, this 5,052-square-foot multifamily property comprises two buildings with four units apiece. Each apartment has one bedroom, a living area, kitchen and dining space, and a full bathroom. The property is fully occupied. Both buildings have new roofs.
One building contains shared coin-operated laundry with a washer and dryer; storage is located in the other building. Exterior parking is available for tenants. Tenants pay water, sewer, and electric service, while the owner covers utilities for common spaces, garbage, and lawn and snow removal.
One building contains shared coin-operated laundry with a washer and dryer; storage is located in the other building. Exterior parking is available for tenants. Tenants pay water, sewer, and electric service, while the owner covers utilities for common spaces, garbage, and lawn and snow removal.
Key Highlights
- Eight occupied units across two four‑unit buildings
- 5,052 square feet total
- Each apartment includes one bedroom, a living area, kitchen/dining space, and a full bathroom
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
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Business Placement
Demographics for 50565, IA
410
Population
236
Households
1.7
Avg Household Size
49
Median Age
18%
College-Educated
94%
High-School Grad
43.5 sq mi
ZIP Area
9
Density / Sq Mi
$61,705
Median Household Income
$40,040
Median Earnings
$792
Median Rent
$71,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two four-unit buildings provide one-bedroom layouts, shared laundry, and exterior tenant parking.
Where is this multifamily property located?
The property is located at 101 Sparta St Marathon, IA.
What is the asking price?
The asking price for this property is $238,000.
What are key features of this property?
This property features: Eight occupied units across two four‑unit buildings; 5,052 square feet total; Each apartment includes one bedroom, a living area, kitchen/dining space, and a full bathroom
