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Listing view 3

218 Main Street, 
Mcgregor, IA 52157

$229,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Colton Day

RE/MAX Gold

608-306-2865

Last updated:

September 19, 2026, 03:36 PM

MLS#

2016669

Source:

Metro MLS

About This Home

218 Main Street

INVESTMENT OPPORTUNITY IN DOWNTOWN MCGREGOR! Located right on Main Street, this mixed-use property offers multiple income streams with commercial space on the main level and three residential apartments. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Whether you're looking to expand your rental portfolio, operate your own business while generating rental income, or take on a value-add investment, this property offers plenty of potential in the heart of historic McGregor. The property is currently being offered AS-IS and has been priced to reflect its present condition. Known roof leakage is present, and the seller is offering buyers the opportunity to purchase at the current price before repairs are completed. If the seller elects to complete repairs, the listing price is subject to increase accordingly. Bring your ideas and take advantage of the opportunity to purchase this versatile Main Street property at its current AS-IS price.

Home Facts

Multi-Family

Built in 1890

Price Summary

229,000

MLS #:

2016669

Last Updated:

September 19, 2026, 03:36 PM

Added:

7 month(s) ago

Structure

Structure

Year Built:

1890

Lot

Lot Size (Sq. Ft):

2,613

Finances & Disclosures

Finances

Price:

$229,000

Source:Metro MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.