This 3-unit multi-family conversion offers a fantastic investment opportunity! Located near schools and downtown, this property is perfectly positioned for easy access to amenities and schools. The building features three units: • Unit 1: A 1-bedroom, 1-bath unit needing some finishing touches. It comes with new cabinets and stove ready for install, as well as fresh flooring throughout, making it a great project for a buyer looking to add value. • Unit 2: A spacious 2-bedroom, 1-bath unit, with long-term tenant. • Unit 3: A 2-bedroom, 1.5-bath unit with plenty of space and great potential for rental income, also has long term tenant. The roof was updated in 2020, ensuring long-term peace of mind. Whether you’re looking to complete the remodel and increase the value of the 1-bedroom unit or enjoy steady rental income from the other two, this property has a lot to offer. Don’t miss out on this great investment opportunity!
For sale
$90,000
154 E Hilton St, Marengo, IA 52301
--beds
--baths
2,538sqft
Est.:
Multi Family, Residential
Built in 1890
-- sqft lot
$-- Zestimate®
$35/sqft
$-- HOA
What's special
- 23 days
- on Zillow |
- 455 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 03:00am
Listed by:
Trent Forrest 319-541-0621,
Iowa Elite Marketing Group,
Jake McLaughlin 515-720-9653,
Iowa Elite Marketing Group
Source: Iowa City Area AOR,MLS#: 202502198

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Electric
Cooling
- Window Unit(s)
Features
- Basement: Block,Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,538
- Total interior livable area: 2,538 sqft
- Finished area above ground: 2,538
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Off Street
- Has carport: Yes
Features
- Patio & porch: Deck
- Exterior features: Garden
Lot
- Size: 8,712 Square Feet
- Dimensions: .20 acres
Details
- Parcel number: 732826030
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Vinyl, Composit, Frame
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Close To School
- Subdivision: None
HOA
- Services included: None
Location
- Region: Marengo
Financial & listing details
- Price per square foot: $35/sqft
- Annual tax amount: $1,205
- Date on market: 4/3/2025
- Listing terms: Cash,Conventional
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