Four-Unit Property with
For Sale
$179,900
Pending
109 S 2Nd Street, Marshalltown, IA 50158
Residential Income, Marshalltown, IA
Property Size2,800 SF
Lot Size0.23 Acres
Days on Market12
Property Features for 109 S 2Nd Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Basement
Unfinished
Subdivision
MARSHALL
Directions
GPS
Standard status
Pending
APN
8418-35-129-018
Size
2,800 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 11 EX S 27' W 32' BLK 18
Tax Annual Amount
1706
Legal Description
LOT 11 EX S 27' W 32' BLK 18
Utilities
Heating system
Baseboard, Forced Air
Water source
Public
Amenities
detached garage with loft
new front deck
Building Details
Year built
1890
Floors in Building
2
Number of units
4
Building materials
Vinyl Siding
Listing Agency:
Premier Real Estate
(641) 754-5678
Listed By:
Matthew Brodin · License #B65177000
(641) 691-1185
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 25 at 2:06PM
MLS# 6342719
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 2,800-square-foot quadplex at 109 S 2nd Street includes four residential units, with two remodeled units currently rented and two additional units prepared for occupancy. The property features vinyl siding, multiple replacement windows, and a recently added front deck. Heating is provided by forced-air and baseboard systems, and the property was built in 1890.
A detached two-stall garage with loft space adds storage and functional utility to the property. The building uses public water and was inspected as a rental in May 2026, passing the inspection. Located in Marshalltown, the property offers a four-unit configuration with existing rental occupancy and additional units ready for use.
A detached two-stall garage with loft space adds storage and functional utility to the property. The building uses public water and was inspected as a rental in May 2026, passing the inspection. Located in Marshalltown, the property offers a four-unit configuration with existing rental occupancy and additional units ready for use.
Key Highlights
- Four‑unit property with 2,800 square feet
- Two remodeled units currently rented; two additional units are rent‑ready
- Detached 2‑stall garage with loft
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,070
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex with two remodeled units, two rent-ready units, and a detached garage with loft storage.
Where is this quadplex located?
The property is located at 109 S 2Nd Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Four‑unit property with 2,800 square feet; Two remodeled units currently rented; two additional units are rent‑ready; Detached 2‑stall garage with loft
