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Two-Unit Multifamily Property
For Sale
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118 N 2nd Street, Marshalltown, IA 50158

For sale duplex featuring two residential units within a single multifamily property.

Property SizeContact for details
Days on Market121

Property Features for 118 N 2nd Street

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Van Metre Iowa Realty
Listed By: Jay Hansen · License #***
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 23 at 7:34AM

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 Van Metre Iowa Realty

Investment Insights

Based on property information with market context.

This two-unit multifamily property is offered for sale as a duplex with two residential units. It is positioned as a straightforward residential income asset, providing one property configuration with two separate units.

The property is located at 118 N 2nd Street in Marshalltown, Iowa.

Key Highlights

  • Duplex‑style multifamily property with 2 residential units
  • Two‑unit residential setup within a single multifamily property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Electrical Service Barber Shop Carpet & Flooring Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

956
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
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Frequently Asked Questions

What type of property is this?
Duplex - For sale duplex featuring two residential units within a single multifamily property.
Where is this duplex located?
The property is located at 118 N 2nd Street Marshalltown, IA.
What are key features of this property?
This property features: Duplex‑style multifamily property with 2 residential units; Two‑unit residential setup within a single multifamily property
(641) 751-0510 Call to check price and availability
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