24-Unit Apartment
For Sale
$1,550,000
519-521 N 3rd Street, Marshalltown, IA 50158
Four-building apartment property with furnished units, dedicated parking, and full occupancy.
Property Size6,698 SF
Lot Size0.99 Acres
Price / SF$231.41
Days on Market633
Property Features for 519-521 N 3rd Street
General Information
Standard status
Active
Size
6,698 SF
Total Parking Spaces
10
Lot size
0.99 Acres
Property subtype
Multi-family
Occupancy
100%
Lease Term
[]
Units
Unit Mix
24 x 1BR/1BA
Multifamily Units
24
Building Details
Year Built
1998
Buildings
4
Listing Agency:
SKOGMAN REALTY COMMERCIAL
Listed By:
Tiffany Earl Williams-WSG CRE
(319) 731-2000
Source:
Cbhrealty
Added: Dec 8, 2024
Changed: Sep 2
Last Checked: Aug 31 at 8:35PM
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 SKOGMAN REALTY COMMERCIAL
Investment Insights
Based on property information with market context.
This apartment property comprises four buildings on 0.99 acres with 24 total units, each configured as a one-bedroom, one-bath residence. Built in 1998, the units include wood and LVP flooring, appliances, and air-conditioning units. An adjacent parking garage provides 10 stalls and may also serve as storage space. The property size is 6,698 square feet.
The asset is positioned on the north side of Marshalltown, approximately three-quarters of a mile from downtown. Units are currently leased individually, with reported occupancy at 100%.
The asset is positioned on the north side of Marshalltown, approximately three-quarters of a mile from downtown. Units are currently leased individually, with reported occupancy at 100%.
Key Highlights
- 24 units across four buildings on 0.99 acres
- Consistent 1 bed / 1 bath unit layout
- Built in 1998 with wood and LVP flooring
Property Analytics
Current Use
Lease Details
24
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
719
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-building apartment property with furnished units, dedicated parking, and full occupancy.
Where is this apartment building located?
The property is located at 519-521 N 3rd Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 24 units across four buildings on 0.99 acres; Consistent 1 bed / 1 bath unit layout; Built in 1998 with wood and LVP flooring
