New Listing

111 E Ninth Street

Great opportunity to add to or start your rental portfolio with this 3-plex in the heart of Madrid! This 2-story multi-family property sits on a spacious double lot and features fresh exterior and interior paint along with new carpet. It includes three 1-bed, 1-bath units. Two are on the main level and one upstairs. One main-floor unit offers a non-conforming bedroom/flex space. One unit is currently rented, providing immediate income. The nearby High Trestle Trail adds appeal for renters. The extra .23-acre lot to the north is perfect for adding a shop or future expansion. A smart investment with long- or short-term rental potential. Schedule your showing today!

Legal: HOPKINS ADD LOT 4 BLOCK 4 NE SE

Status: Active

Property Information

720665

$210,000

Sale

TwoStory

MultiFamily

111 E Ninth Street

Madrid

Boone

IA

50156

3

2049

3

3

Partial, Unfinished

2049

8844

Madrid

2918

2024

1885

Madrid

Features

RectangularLot

CableTv

TwoStory

Carpet, Vinyl

Refrigerator, Stove

Utilities

ForcedAir, Gas, NaturalGas

Public

PublicSewer

WindowUnits

No

Miscellaneous

Asbestos

Listed By

LPT Realty, LLC, Jessica Schaffer

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MLS #720665
MLS #720665
MLS #720665
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Licensed In Iowa Each Office Independently Owned And Operated.

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Copyright © 2025 Agency Iowa. All Rights Reserved.Real Estate IDX/RETS Website by Lead City
This Multi-Family Homes for Sale property at 111 E Ninth Street (MLS # 720665) is located in Madrid, IA. Listed on AGENCY IOWA Real Estate, this Multi-Family home is priced at $210,000. This 3 bedroom property in Madrid at 111 E Ninth Street offers 2049 sqft, 3 bathrooms, and was built in 1885. Whether you're looking for new listings in Madrid or specifically on 111 E Ninth Street, you'll find all the market statistics and community information you need here.

Information is deemed to be reliable, but is not guaranteed. © 2025 . The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.