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101 Sparta, 
Marathon, IA 50565

$238,000


Bed


Bath


2,526

Sq Ft


Multi-Family

Active

Listed by

Adam Doughan

Real Broker, LLC.

515-305-2577

Last updated:

October 24, 2025, 03:36 PM

MLS#

828446

Source:

IA GSCBOR

About This Home

101 Sparta

8-Unit Property. Exterior Parking. Great Investment Opportunity. This 8-unit complex is a great investment. All 8 units are one bedroom, one bathroom. All units have a living space, kitchen/dining, full bathroom, and one bedroom. Market Rent Roll: $3,200. Actual Rent Roll: $3,200. There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of the buildings. This yield approximately $100/month. There is storage space in the opposite building of the laundry. Tenant pays for: Water/Sewer Electric. Pet: $20/month. Owner pays for: Electric/Water/Sewer for Common Spaces & Garbage: $200/month. Insurance: $275/month. Taxes: approx $3,401/year. Lawn/Snow Removal: $150/month. Security deposits will be included upon closing. There is ample exterior parking available for tenants.

Home Facts

Multi-Family

Built in 1976

Price Summary

238,000

$94 per Sq. Ft.

MLS #:

828446

Last Updated:

October 24, 2025, 03:36 PM

Added:

6 month(s) ago


Rooms & Interior

Interior

Living Area:

2,526 Sq. Ft.


Structure

Structure

Building Area:

2,526 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

72,309


Finances & Disclosures

Finances

Price:

$238,000

Price per Sq. Ft:

$94 per Sq. Ft.

Source:IA GSCBOR
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