$300,000

403 S Main St Marble Rock, IA 50653

Estimated payment $1,878/month

Total Views 282
-- Bed
-- Bath
3,366 Sq Ft
$89 Price per Sq Ft

About This Home

SOLID, STEADY & FULL OF OPPORTUNITY—this 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 possibilities—build 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.

Listing Agent

Jenna Sheriff

Jane Fischer & Associates LLC Listed on: 11/07/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Crawl Space
  • Baseboard Heating

Community Details

  • Gross Income $50,400

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Year Built: 1974
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC29171
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Crawl Space, Slab
  • Fireplace: No

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Paved

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: NCIR

Fee Information

  • Trash Expense: 165
  • Annual Water Sewer Expense: 201

Lot Info

  • Lot Dimensions: 264X165 + 132x132
  • Lot Size Units: Acres

Rental Info

  • Tenant Pays: Cable T.V., Electricity

Tax Info

  • Tax Year: 2024

Multi Family

  • Electric Expense: 436
  • Property Net Operating Income: 30823.79
  • Annual Operating Expense: 21496.21

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List 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 List to Sale Price per Sq Ft
11/07/2025 11/07/25 For Sale $300,000 -- --
Source: NoCoast MLS

Source: NoCoast MLS

MLS Number: NOC6333505

NoCoast MLS