Multifamily

Marathon, IA Multifamily Properties for Sale

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Albert City, IA Laurens, IA Webb, IA Sioux Rapids, IA Havelock, IA Ayrshire, IA Newell, IA Storm Lake, IA
8-Unit Multifamily Property
Updated: Oct 29
8-Unit Multifamily Property

101 Sparta St, Marathon, IA 50565

$238,000
5,052 sqft
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
New roofs on both buildings
Shared coin‑operated washer and dryer; storage space in the other building
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1 active listing matches your search: Multifamily for sale in Marathon, IA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

13-Unit Townhome Community
13-Unit Townhome Community

1302-1350 S Grand Plaza Drive, Spencer, IA 51301

$1,025,000
11,088 sqft

Private entrances and resident-paid utilities reduce shared building operations.

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Four-Unit Quadplex
Four-Unit Quadplex

107 SENECA ST, Storm Lake, IA 50588

$230,000
3,537 sqft 0.20 AC lot

Three residences are rented, and each unit has separate utility service.

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Seven-Bedroom Duplex
Seven-Bedroom Duplex

718 SENECA ST, Storm Lake, IA 50588

$167,000
2,488 sqft 0.14 AC lot

Two separate apartments are occupied by seasonal workers, with distinct bedroom counts on each level.

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13-Unit Townhome Community
13-Unit Townhome Community

1302 GrandPlaza Drive, Spencer, IA 51301

Contact for pricing

Residents cover all utility costs, while each home has a private entrance.

View details

Marathon, IA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Marathon, IA on our real estate platform. These investment opportunities span a total of 5,052 square feet of properties for sale, with an estimated market value of $238,000.

Sale prices for multifamily properties in Marathon, IA average $238,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 413
Population Growth (5Y) -2.8%
Median Household Income $61,705
College Educated 19.6%

Taxes & Financing

Tax Rate (average for all types) 2.93%
Property Tax per SF $28.85 per SF
Tax Rate vs County Average 0.50 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Buena Vista County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Buena Vista County

Residential Income

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