205 South St Marshalltown, IA 50158
This exceptional 2,244 square foot property located at 205 W South Street, Marshalltown, IA 50158, presents a unique investment opportunity. Classified as land, industrial, farm, ranch, and manufacturing, this versatile property offers significant potential. The property features two identical, fully finished 2,244 square foot units, each boasting four bedrooms and three bathrooms. Each unit includes a double attached garage. All appliances are included in both units. Currently, the property enjoys a strong rental history, with tenants responsible for all utilities. The owner's expenses are limited to insurance and minor repairs. A significant advantage is the partial tax abatement extending through 2027. This property is ideally suited for investors seeking a strong return or an owner-occupant looking to lease one unit while residing in the other. The property's location in Marshalltown, Marshall County, Iowa, offers easy access to local amenities and transportation routes. This versatile property is ready for immediate income generation or future development. Contact us today to explore this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.