Madrid, IA Multifamily Home for Sale

/25
$198,000
- Studio
- 3 Baths
- 2,049 Sq Ft
111 E Ninth St, Madrid, IA 50156

Great opportunity to add to or start your rental portfolio with this 3-plex in the heart of Madrid! This 2-story multi-family property sits on a spacious double lot and features fresh exterior and interior paint along with new carpet. It includes three 1-bed, 1-bath units. Two are on the main level and one upstairs. One main-floor unit offers a non-conforming bedroom/flex space. One unit is

Jessica Schaffer LPT Realty, LLC

111 E Ninth St, Madrid, IA 50156

Iowa Boone County Madrid

Home Trends in Madrid, IA

On average, homes in Madrid, IA sell after 53 days on the market compared to the national average of 52 days. The median sale price for homes in Madrid, IA over the last 12 months is $236,825, down 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$236,825

Median Single Family Sale Price

$254,900

Median 2 Bedroom Sale Price

$225,000

Average Price Per Sq Ft

$213

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.40

Median List Price

$254,450

Median Change From 1st List Price

Median Home Sale Price YoY Change

-9%

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