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8 Beds
8 Baths
5,052 sqft

$238,000

101 SPARTA ST, Marathon IA, 50565

Price per sqft$47.11
Built in1976
Property size5,052 sqft
Property typeMulti-family

Overview

Active

Listed Oct 29, 2026

Updated 7 days ago

Eight-unit multifamily investment property at 101 Sparta in Marathon, Iowa. The property consists of two four-unit buildings and is currently fully occupied, with scheduled rents totaling $3,325 per month. Both buildings have new roofs, with approximately $30,000 invested in the replacement. Located within reach of Spencer, Storm Lake, Laurens, and other area communities and employers. Offered together as one eight-unit property. All units have a living space, kitchen/dining, full bathroom, and one bedroom. There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of the buildings. There is storage space in the opposite building of the laundry. Tenant pays for: Water, Sewer, and Electric. Owner pays for: Electric, Water, Sewer for Common Spaces & Garbage. Lawn/Snow Removal is paid for by the owner. There is ample exterior parking available for tenants.

$1,583/mo

Est. mortgage payment based on a $238,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
835143

Interior Features

Bedrooms
8
Bathrooms
8
Cooling
Yes
Basement
No

Exterior Features

Lot Size
1.66 Acres

Other Property Details

Taxes
$3,418
Tax Frequency
Annually
Garage
Yes

Listed by Tyler Aube with Real Estate Specialists of Storm Lake, Inc
Listing Contact: 712-299-7296 

Based on information from Northwest Iowa Regional Board of REALTORS. as of 10/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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