218 Main Street

Mcgregor, IA 52157

$265,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime investment opportunity in the heart of downtown McGregor! This income-producing building features three rental apartments and a beautifully renovated commercial space that is currently leased as a coffee shop. Two apartments and the commercial space are already occupied, with strong potential when fully rented. The building offers one efficiency unit and two larger apartments, all in good condition. Overflowing with historic charm and character, this property is perfectly situated on Main Street—just...Prime investment opportunity in the heart of downtown McGregor! This income-producing building features three rental apartments and a beautifully renovated commercial space that is currently leased as a coffee shop. Two apartments and the commercial space are already occupied, with strong potential when fully rented. The building offers one efficiency unit and two larger apartments, all in good condition. Overflowing with historic charm and character, this property is perfectly situated on Main Street—just steps from shops, dining, and the Mississippi River. A rare chance to own a well-maintained, cash-flowing property in one of Northeast Iowa’s most vibrant river towns!
  1. Listed by Colton Day • RE/MAX Gold • 608-306-2865

Property Details for 218 Main Street

Zoning
Commercial
LISTING UPDATED: 09/09/2025 05:57 PM

Property Details for 218 Main Street

StatusActive
MLS #2008335
Days on Market108
Taxes$4,905 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeBusiness/Comm / Apartment building-Commercial Condo
Year Built1890
CountyClayton County

Location

Listing Courtesy of RE/MAX Gold
Add your commute

Building Information for 218 Main Street

Building/Complex218 Main StFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1890

Payment Calculator

$1,718 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,309

Property Taxes

$409

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 218 Main Street

Summary
Location and General Information
  • C/T/V: City
  • County: Clayton
  • Directions: 200 Block of McGregor's Main Street
  • Location: Business district, Near Major Highway
  • Mailing City: McGregor
  • Municipality: McGregor
  • State: IA
  • Zip: 52157
Taxes and HOA Information
  • Net Taxes: $4,905.00
  • Parcel ID: 34-22-451-013
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Business/Comm
  • Improvements: 117608.0
  • Land Assess: $11,374.00
  • Miscellaneous: Internet - 5G Installed, Internet -Fiber Available
  • Total Assess: $128,982.00
  • Total Assess Year: 2025
  • Type: Apartment building-Commercial Condo
  • Year Built: 1890
Lot Information
  • Estimated Total Acres: 0.06
  • Lot Dimensions: 25x100
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Fuel: Liquid propane
  • Water/Waste: Municipal water, Municipal sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Items Included: 3 fridges 3 stoves, microwaves, washer, dryer,
  • Items Excluded: sellers and renters personal property
  • Basement: Full, Other foundation
  • Heating/Cooling: Forced air, Central air, Window AC
  • Features: Alley, Public rest rooms, Private Restrooms, Residential unit(s), Inside storage
Multi Family
Income & Expenses Information
  • Net Operating Income: $0

Property History for 218 Main Street

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Listed (Active)

SCWMLS #2008334

$265,000
Oct 17, 2025

Contract Out

SCWMLS #2008334

Sep 9, 2025

Listed (Active)

SCWMLS #2008334

$265,000
Sep 9, 2025

Listed (Active)

SCWMLS #2008335

$265,000
Nov 30, 2022

Sold

SCWMLS #1944993

Oct 15, 2022

Contract Signed

SCWMLS #1944993

Oct 15, 2022

Contract Out

SCWMLS #1944993

Oct 7, 2022

Listed (Active)

SCWMLS #1944993

$159,900
Oct 5, 2022

Temporarily Off Market

SCWMLS #1931575

Apr 12, 2022

Price Change

SCWMLS #1931575

$165,000
Apr 12, 2022

Listed (Active)

SCWMLS #1931575

$159,900
DateEvent & SourcePrice
11/03/2025

Listed (Active)

SCWMLS #2008334

$265,000
10/17/2025

Contract Out

SCWMLS #2008334

09/09/2025

Listed (Active)

SCWMLS #2008334

$265,000
09/09/2025

Listed (Active)

SCWMLS #2008335

$265,000
11/30/2022

Sold

SCWMLS #1944993

10/15/2022

Contract Signed

SCWMLS #1944993

10/15/2022

Contract Out

SCWMLS #1944993

10/07/2022

Listed (Active)

SCWMLS #1944993

$159,900
10/05/2022

Temporarily Off Market

SCWMLS #1931575

04/12/2022

Price Change

SCWMLS #1931575

$165,000
04/12/2022

Listed (Active)

SCWMLS #1931575

$159,900

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

Schools near 218 Main Street

This home is within Mfl Marmac Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Mfl Marmac Elementary School
PublicPK to 3

Mfl Marmac Middle School
Public6 to 8

Mfl Marmac High School
Public9 to 12

Mcgregor Intermediate School
Public4 to 5

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

Similar Sold Homes

218 Main Street is a condo for sale in Mcgregor, IA 52157. This property was listed for sale on September 9, 2025 by RE/MAX Gold, it's currently listed at $265,000. It has been on the market for a total of 108 days and was last sold on November 30, 2022. This listing's school district is Mfl Marmac Community School District. Nearby schools include Mfl Marmac Elementary School, Mfl Marmac Middle School and Mfl Marmac High School. 218 Main Street is a 0-bed, 0-bath, condo built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gold

Based on information from one of the following Multiple Listing Services: South Central Wisconsin MLS Corporation, REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by South Central Wisconsin MLS Corporation, REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 09/09/2025 05:57 PM