519-521 N 3rd StreetMarshalltown, IA 50158

Multi-Family · 6,698 Sq. ft. | 0.99 Acres
$1,550,000 Active

519-521 N 3rd Street Overview

Time on Site:
252 days
Visits:
31

519–521 North 3rd Street is comprised of four buildings situated on 0.99 acres of land and contains a total of 24 units. The buildings were constructed in 1998 and feature a consistent 1 bed / 1 bath layout in each unit. The units offer exceptional interior finishes, including wood and LVP flooring, with appliances and air conditioning units included in each. Also included in the offering is an adjacent parking garage with 10 stalls, which could alternatively be utilized for storage. The property is located on the north end of Marshalltown, approximately three-quarters of a mile from the city’s downtown area. Currently rented by the unit, the property boasts a strong occupancy rate of 100%. This offering provides a stabilized investment with the opportunity for future rent growth.

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519-521 N 3rd Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,698
  • Price/Sq.ft. $231
  • Lot 0.99 Acres

Details

General

School Information

  • Elementary School: Hoglan
  • Middle Or Junior School: Miller
  • High School: Marshalltown

Building Information

  • Year Built: 1998

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: OT-W (West of I-380)
  • Postal City: Marshalltown

Rent/Lease Information

  • Tenant Pays: Electricity,Gas

Tax Information

  • Tax Annual Amount: 12207.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 841826176051
  • Pets Allowed: Yes
  • Property Sub Type: Multi Family
  • Property Type: Residential

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Foundation Details: Slab
  • Interior Features: Storage
  • Laundry Features: Common Area
  • Living Area: 6698.0

Exterior

Parking Information

  • Parking Features: Parking Space(s)

Lot Information

  • Lot Size Acres: 0.99
  • Lot Size Area: 0.99
  • Lot Size Dimensions: .99 Acre
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Frame,Stucco

General Information

  • Number Of Units Total: 24
  • Sewer: Public Sewer
  • Utilities: Separate Meters

519-521 N 3rd Street Neighborhood

Community

50158 (MARSHALLTOWN) Demographics

37
Median Age
145
Population Density (per sq. mile)
32%
College Educated
$57,298
Estimated Median Income
8,083
Estimated Total Home Owners
3,532
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

519-521 N 3rd Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

519-521 N 3rd Street Market Data

Based on the last 30 days in this zip code

$232,838
Average List Price
$139
Average Price per Square Foot
0
Properties Sold
99
Average Days on Market
105
Properties for Sale
Calculations provided by Reliance Network

519-521 N 3rd Street History

Date Event Value Agent
10/20/2025Source: Cedar Rapids Area MLS Added to Database
October 20, 2025
Listing provided courtesy of SKOGMAN REALTY COMMERCIAL- MLS# 2508755MLS Provider