$203,000
SOLD OCT 8, 2021

133 North St Marquette, IA 52158

-- Bed
-- Bath
7,500 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

23% Above List Price

About This Home

As of April 2024

In the heart of downtown Marquette IA this brick 6 unit apartment building was once a bank and grocery store. There are still two vaults one on the main floor and one in the basement. This property has been owned by the Sellers since 1980 and they have taken well care of the property. The apartments have updated kitchens and bathrooms. On the main floor there is a very large apartment along with another studio apartment and then 4-1 bedroom apartments on the second floor. One of the main floor spaces could easily be converted into a hair salon, massage or other business you would like to start. There were three garage stalls in the basement that could be rented out for storage for extra income as well. There are so many possibilities with this property. All Buyers must provide a pre-approval letter prior to lining up a showing and we will need to give the current tenants at least a 24-hour notice and showings will be in the afternoons only.

Last Agent to Sell the Property

Nathan Trappe

Allen Real Estate Company LLC Listed on: 08/25/2021

Last Buyer's Agent

Nathan Trappe

Allen Real Estate Company LLC Listed on: 08/25/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electric, heat, trash
  • The owner pays for water
  • Assessor Parcel Number 3399006018

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $1,400
  • Utility Expense $800
  • Real Estate Tax Expense $1,470
  • Net Operating Income $13,730

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: 5 Or More Units
  • Year Built: 1928
  • Lvt Date: 08/26/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 5000
  • Estimated Finished Sq Ft: 7500
  • Estimated Sq Ft: 7500
  • Estimated Lower Sq Ft: 2500
  • Estimated Main Sq Ft: 2500
  • Estimated Upper Sq Ft: 2500
  • Basement: Full

Exterior Features

  • Foundation: Pour
  • Siding: Brick

Garage/Parking

  • Parking: On Street

Utilities

  • Cooling: Window Unit
  • Fuel Type: Oil

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Schools

  • Elementary School: MFL - Mar Mac
  • Middle School: MFL - Mar Mac
  • High School: MFL - Mar Mac

Lot Info

  • Lot Size: 75x70 0.12 Acres 5250
  • Parcel Id Number: 3399006018
  • Zoning: Multi Residential

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Heat, Trash

Multi Family

  • Number Of Units: 6

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $253,500 0.0% $48 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $253,500 +24.9% $48 / Sq Ft
10/08/2021 10/08/21 Sold $203,000 +23.0% $27 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $165,000 -- $22 / Sq Ft
Source: East Central Iowa Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 143164

East Central Iowa Association of REALTORS®