Sold
Last Sold Price
3 beds31,392 sqft
1900 Main St, Manson, IA 50563
Multi FamilyProperty Type
4.39 acresLot Size
1978Year Built
$30/sq ftPrice per sq ft

Description

Well maintained 44 Unit Apartment Property consisting of twelve buildings. 29 one-bedroom units and 15 two-bedroom units. Community center with coin laundry and basement. All single story with private entrances. Turn key property with on-site manager. Out of state owner. The current owner has made several large improvements to the property since ownership including: Replacing several roofs, Repaving entire parking lot, Turning / light upgrading of 39 of the 44 units, Repairing and painting exterior...Well maintained 44 Unit Apartment Property consisting of twelve buildings. 29 one-bedroom units and 15 two-bedroom units. Community center with coin laundry and basement. All single story with private entrances. Turn key property with on-site manager. Out of state owner. The current owner has made several large improvements to the property since ownership including: Replacing several roofs, Repaving entire parking lot, Turning / light upgrading of 39 of the 44 units, Repairing and painting exterior siding, Upside opportunity. Low price per unit.
  • Listed by: David Kempen 563.459.4434 davidkempen@gmail.com • RE/MAX Best Commercial
Listing closed: 02/21/2020 12:00 AM • Source: RMLS ALLIANCE as distributed by MLS GRID, MLS#: QC4208081

Recent comparable sales

Median sold price

$765,000

Avg days on market

89

Sale-to-list ratio

94.3%

Manson, IA

9 comparable properties found

1

$187,000

Sold 04/13/26

3
Bedrooms
2
Bathrooms
1,219
Square Feet
0.3
Acres
$847,000 | 513 B Halmalka Highlands Court, Manson, WA 98831
1/38
2

$847,000

Sold 06/27/25

3
Bedrooms
1,700
Square Feet
Unavailable
Acres
$1,068,000 | 95 Proctor Boulevard, Manson, WA 98831
1/41
3

$1,068,000

Sold 04/27/26

3
Bedrooms
1,910
Square Feet
1.66
Acres
a view of a chairs and table on the balcony
1/41
4

$820,000

Sold 07/15/26

3
Bedrooms
1,800
Square Feet
Unavailable
Acres
5

$135,000

Sold 08/28/26

3
Bedrooms
1
Bathrooms
1,226
Square Feet
0.13
Acres
a front view of a house with a yard and potted plants
1/32
6

$765,000

Sold 09/26/25

3
Bedrooms
1,722
Square Feet
0.16
Acres
$760,000 | 3245 Ivan Morse Road, Manson, WA 98831
1/39
7

$760,000

Sold 10/28/25

3
Bedrooms
1,792
Square Feet
1.75
Acres
$960,000 | 127 Perry Wright Lane, Manson, WA 98831
1/39
8

$960,000

Sold 06/27/25

3
Bedrooms
1,564
Square Feet
0.46
Acres
$185,000 | 1106 12th Avenue, Manson, IA 50563
1/32
9

$185,000

Sold 08/19/26

4
Bedrooms
2,116
Square Feet
0.28
Acres

Location

Listing Courtesy of RE/MAX Best Commercial

Sold By RE/MAX Best Commercial

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Payment Calculator

$6,080 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,909

Property Taxes

$1,171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1900 Main Street

Property Details
  • Taxes: $14,050 / year
  • MLS Type: Residential Income / Residential Income / Multi Family 5+
  • County: Calhoun County
  • Parking Total: 100.0
  • Subdivision Name: None
Building Information
  • Residences: 44
  • Year Built: 1978
  • Lot Size: 4.39 AC / 191,228 SF
Summary
Location and General Information
  • City: Manson
  • County Or Parish: Calhoun
  • Directions: Main Street North side of Manson
  • Latitude: 42.540667
  • Longitude: -94.535225
  • MLSArea Minor: QCARA Area
  • Postal Code: 50563
  • State Or Province: IA
Taxes and HOA Information
  • Parcel Number: 893108178001
  • Tax Exemptions: None
  • Tax Annual Amount: $14,050
  • Tax Legal Description: 08-89-31 IRREG SURVEY TR N 1/2 SW 1/4 NW 1/4
  • Tax Year: 2018
School Information
  • High School: Other
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 31392.0
  • Lot Features: Corner Lot
  • Lot Size Acres: 4.39
  • Lot Size Dimensions: 191,228
  • Number Of Units Total: 44
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 1978
Utilities
  • Electric: Shared Meters
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 1
  • Water Sewer Expense: $28,911
  • Water Source: Community Water, Community Sewer System
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Partial
Interior Features
  • Basement: Partial
  • Heating: Baseboard
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 44
  • Number Of Water Heaters: 44
  • Operating Recording Device: None
  • Unit Entry Level: ***
Multi Family
Income & Expenses
  • Electric Expense: $30,000
  • Gross Income: $248,600
  • Gross Scheduled Income: $12,600
  • Insurance Expense: $16,883
  • Maintenance Expense: $13,031
  • Manager Expense: $18,412
  • Net Operating Income: $141,363
  • Operating Expense: $107,237
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 236000
  • Trash Expense: $0
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2

Property History for 1900 Main Street

DateEvent & SourcePriceAppreciation
Feb 21, 2020

Sold

MRED #4208081

$950,000
Feb 21, 2020

Sold

RMLS ALLIANCE #QC4208081

$950,000
Jan 5, 2020

Pending

MRED #4208081

DateEvent & SourcePrice
02/21/2020

Sold

MRED #4208081

$950,000
02/21/2020

Sold

RMLS ALLIANCE #QC4208081

$950,000
01/05/2020

Pending

MRED #4208081

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1900 Main Street

This home is within Manson Northwest Webster Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1900 Main Street, Manson, IA 50563
$950,000
3
31,392
191,228
$85,000
3
1
1,414
10,890
2
1
1,154
6,098
$134,000
3
1
1,488
36,155
2
1,752
8,276
5
2.5
2,072
9,583

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Best Commercial

Based on information submitted to the MLS GRID as of 08/10/2021 04:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.