101 SPARTA ST, Marathon, IA 50565
101 SPARTA ST, Marathon, IA 50565
101 SPARTA ST, Marathon, IA 50565
101 SPARTA ST, Marathon, IA 50565
101 SPARTA ST, Marathon, IA 50565
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$ 238,000
Est. payment | /mo

8 Beds

8 Baths

5,052 SqFt


Save
$ 238,000
Est. payment | /mo
Save

8 Beds

8 Baths

5,052 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Unit

Listing Status Active

Purchase Type For Sale

Square Footage 5,052 sqft

Price per Sqft $47

MLS Listing ID 835143

Bedrooms 8

Full Baths 8

Year Built 1976

Annual Tax Amount $3,418

Tax Year 2025

Lot Size 1.660 Acres

Acres 1.66

Property Sub-Type Multi-Unit

Property Description

Eight-unit multifamily investment property at 101 Sparta in Marathon, Iowa. The property consists of two four-unit buildings and is currently fully occupied, with scheduled rents totaling $3,325 per month. Both buildings have new roofs, with approximately $30,000 invested in the replacement. Located within reach of Spencer, Storm Lake, Laurens, and other area communities and employers. Offered together as one eight-unit property. All units have a living space, kitchen/dining, full bathroom, and one bedroom. There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of the buildings. There is storage space in the opposite building of the laundry. Tenant pays for: Water, Sewer, and Electric. Owner pays for: Electric, Water, Sewer for Common Spaces & Garbage. Lawn/Snow Removal is paid for by the owner. There is ample exterior parking available for tenants.

Location

State IA

County Buena Vista

Area Surrounding Areas/Other Areas

Zoning RES

Multi-Unit Info

Total Units 8

Unit 1 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 2 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 3 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 4 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1

Interior

Cooling Window Unit

Exterior

Parking Features None

Building

Sewer City

Water City

Listed by Real Estate Specialists of Storm Lake, Inc

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101 SPARTA ST