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403 S Main Street

Marble Rock, IA 50653
  • $300,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 6333505
$300,000
  • 0
    BEDS
  • 1.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,366
    SQFT
  • $89
    $/SQFT
Type:
Multi-Family
Built:
1974
County:
Area:

School Ratings & Info

Description

SOLID, STEADY & FULL OF OPPORTUNITYthis timeless brick two-building complex is built for lasting returns in a small town setting. Each of the 10 units, five per building, features thoughtful updates and welcoming spaces in both 1- and 2-bedroom layouts. Inside, refreshed kitchens, bright living areas, and modern finishes create an inviting place to call home. Recent improvements include new roofs, doors, windows, water heaters, softeners, and recirculation pumps, offering comfort and efficiency for residents and peace of mind for owners. Convenient on-site amenities such as private parking, coin-operated laundry, and a central dumpster make management effortless. Across the street, a bonus .4-acre lot opens endless possibilitiesbuild more apartments, add garages, or expand storage. With solid brick construction and strong rental appeal, this property delivers today and builds for tomorrow. Schedule your private showing and discover the potential this multi-family gem holds.

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© 2025 North Central Iowa MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS as distributed by MLS Grid or Jane Fischer & Associates. Data last updated: 2025-12-05T23:54:04.177.

Based on information submitted to the MLS GRID as of 2025-12-05T23:54:04.177(date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.janefischer.com/homes/169711240
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403 S Main Street Marble Rock, IA 50653

  • Price: $300,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: 6333505
0
Beds
0
Baths
0
½ Baths
1.4
Acres
3,366
SQFT
$89
$/SQFT
1974
Built
County:
Floyd
Area:
Marble Rock
Property Description
SOLID, STEADY & FULL OF OPPORTUNITYthis timeless brick two-building complex is built for lasting returns in a small town setting. Each of the 10 units, five per building, features thoughtful updates and welcoming spaces in both 1- and 2-bedroom layouts. Inside, refreshed kitchens, bright living areas, and modern finishes create an inviting place to call home. Recent improvements include new roofs, doors, windows, water heaters, softeners, and recirculation pumps, offering comfort and efficiency for residents and peace of mind for owners. Convenient on-site amenities such as private parking, coin-operated laundry, and a central dumpster make management effortless. Across the street, a bonus .4-acre lot opens endless possibilitiesbuild more apartments, add garages, or expand storage. With solid brick construction and strong rental appeal, this property delivers today and builds for tomorrow. Schedule your private showing and discover the potential this multi-family gem holds.
Exterior Features

Construction Materials Brick Lot Features Corner Lot Parking Features Paved Roof Shingle

Interior Features

Basement Crawl SpaceSlab Fireplace YN No Fireplaces Total 0 Heating Baseboard

Property Features

Accessibility Features No Stairs InternalNo Stairs External Association Amenities Laundry Auction YN No Construction Status Description Previously Owned Contingency None Electric Expense 436 Fuel Electric Fuel Expense 0 Gross Income 50400 Homestead Description None In Foreclosure No Lot Size Dimensions 264X165 + 132x132 Maintenance Expense 0 Manager Expense 0 Net Operating Income 30823.79 Net Taxes 3848 Operating Expense 21496.21 Property Sub Type Apartment Sewer City Sewer/Connected Tax Annual Amount 3848 Tax Legal Description LOT 5 IS NW NW16-94- 17 & LT 10 NW 16-94-17 Tax Year 2024 Tenant Pays Cable T.V.Electricity Trash Expense 165 Water Sewer Expense 201 Water Source Public Yearly Seasonal Yearly Zoning LotResidential-Multi-Fa

Listing information © 2025 North Central Iowa MLS.
Listing provided courtesy of Jenna Sheriff of Jane Fischer & Associates LLC: 641-424-4663 of North Central Iowa MLS as distributed by MLS Grid.



© 2025 North Central Iowa MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS as distributed by MLS Grid or Jane Fischer & Associates. Data last updated: 2025-12-05T23:54:04.177.

Based on information submitted to the MLS GRID as of 2025-12-05T23:54:04.177(date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Jane Fischer & Associates
1002 East State St. Suite B
Mason City IA, 50401