215 E 9 Th St, Madrid, IA

Name: 215 E 9 Th St, For Sale in Madrid - Zoocasa
Brand: Boutique Real Estate
SKU: 736117
Price: 349900 USD

Condo

For Sale

Listed price in listed location currency (USD).

$349,900

640

MLS® 736117

Overview

Key Facts

Type Apartment

Levels Residential

Size 2686 sqft

Garage No

Maintenance Fees

Taxes $3,092

Days Active 0

Approx. Age 1918

Avg. Price Per Sqft $130

MLS® Number 736117

Property Address: 215 E 9th St, Madrid, IA, 50156-1723

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own a unique and versatile 3, 400 sqft residential home with four separate living spaces (each with a private entry). Perfect for an owner-occupant looking to offset their mortgage, or a house hacker or investor looking for additional income streams! The property consists of Unit 1 - XL 2bed/1bath unit with a shared enclosed porch. Unit 2. - Upstairs studio / full bath with a shared enclosed porch. Unit 3 - 2bed/1bath with a private enclosed porch and Unit 4 - 1bed/1bath. Units 1 & 2 could be combined to make a large, 2, 200 sq ft living space for an owner-occupier while generating rental income from the two remaining units. Three of the units are fully furnished, all which conveys with the sale. All units are currently occupied with short-term leases. The property has extensive updates including new kitchens in each unit, new windows throughout, new hot water tanks, and newer mini-split systems. In addition, a 2, 400 sqft unfinished basement with tall ceilings is a huge value add opportunity. With multiple living spaces, additional income streams, and significant upgrades, this property offers exceptional potential for the right buyer!

MLS® Number736117

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelMain Level

Exposure

Exterior

GarageNo

Approx. Age1918

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 12, 2026List Date

$349,900List Price

Map

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