Description
Excellent investment opportunity with double the potential! this up-and-down duplex at 1012 s 5th ave includes a bonus rear lot at 1019 s 6th ave, offering a generous combined lot size of 0.79 acres. major updates—newer roof (2020) and new sewer line (2024). the main-level unit is currently rented for $750/month and features a front porch, spacious formal living and dining rooms, a sealed brick fireplace, 1 bedroom, 3/4 bath with updates, and a full kitchen with included refrigerator and range. charming built-ins enhance the rear porch for this lower unit. the upper-level unit, currently rented at $600/month, includes 2 bedrooms, 1 full bath, a compact kitchen, and a living/dining combo. both units have access to the shared basement for laundry and additional storage. owner currently pays for insurance, water, snow/lawn care, and pest control. tenants pay for their own electric, gas, and trash. new buyers may choose to retain the current tenants or provide notice to vacate. in april 2025, the basement and ductwork were professionally cleaned by captain clean. set in a residential area and a registered rental with the city, this property is ideal for anyone looking for rental income! call for your private showing today!
Property Type
Duplex Up and DownCounty
MarshallStyle
Duplex Up and DownAD ID
50047057
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
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Exterior Features
Building Information
- Built Year: 1935
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Property / Lot Details
Lot Information
- Lot Size (Acr): 0.79
- Dimensions: 124 X 125, 186 X 100
Property Information
- Type: Duplex Up and Down
- City: Marshalltown
- State: IA
- Directions: Heading North on Center Street in Marshalltown, turn Right on South Street, continue on passing S 3rd Ave, turn left to S 5th Ave. 1012 S 5th Ave will be on the right.
- Property Status: Active
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Listing Information
Listing Price Information
- Original List Price: $134,900
- Price Per SQFT: $88
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Taxes / Assessments
Tax Information
- Annual Tax: $2044
- Tax Year: 2023
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School, Utilities & Location Details
School Information
- Elementary School District: 4104 - Marshalltown
- High School District: 4104 - Marshalltown
- Middle School District: 4104 - Marshalltown
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All listings featuring the "Iowa AOR" as the source are provided by "Iowa AOR - IAMLS". This information is not verified for authenticity or accuracy and is not guaranteed.
BuyOwner last updated this listing 06/09/2025 @ 00:49
- MLS: 6328242
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Iowa AOR - IAMLS
is a Multifamily, with 0 bedrooms which is for sale, it has 2,430 sqft, 34,412 sized lot, and 0 parking. are nearby neighborhoods.