415 E Main Street

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Address: 415 E Main St, Montezuma, IA 50171, USA
Chicago & Midwest + 2-4 Units
Created date: July 1, 2026
Date last updated: September 17, 2026
Price: $189,000Investment Analyzer NEW!

Property Description

Looking for an investment property that can cash flow immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,200 (Main level - 1 BR $600, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last 24 months with most notably updates to main floor kitchen ('26), upstairs shower, kitchen floor and paint ('26), new windows and renovated third bedroom in upper unit offering more living space. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $189,000
No. of Units: 3
Year Built: 1900
Lot Size: 2,798.00 Sq ft
Opportunity Zone: No
Price per unit: $63,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 415 E Main Street, Montezuma, IA 50171, USA
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Step 2Gross Rent Analysis

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