415 E  Main St, Montezuma, IA 50171
Property image
Property image
FOR SALE

415 E Main St
Montezuma, IA 50171

  • Studio
  • 2,798 sqft

$189,000

Est. Mortgage $1,252/mo*

$189,000

Est. Mortgage $1,252/mo*
Studio
2,798 sqft

Home Highlights

Parking
Garage
Price/Sqft
$68
Climate Control
Forced Air Heating
Listed
55 days ago

Local Information

  • Map ViewExplore the area around 415 E Main St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 2 hours ago
Listing courtesy of Andy Erselius, (641) 226-2639
AE Realty, Inc
Source: NoCoast MLS as distributed by MLS GRID, MLS#6339897

Home Details for 415 E Main St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full
Dimensions and Layout
Living Area: 2798 Square FeetFoundation Area: 1048
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 1Parking: Attached
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 3Days on Market: 55

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Construction Materials: Frame, Vinyl Siding
Property Information
Parcel Number: 1442300

Price & Status

Price
List Price: $189,000Price Per Sqft: $68

Location

Direction & Address
City: Montezuma

Agent Information

Listing Agent
Listing ID: 6339897

HOA

No HOA

Lot Information

Lot Area: 8712 sqft

Offer

Contingencies: NoneListing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Owner Pays: Electricity, Fuel, Sewer, Water

Miscellaneous

BasementMls Number: 6339897Attribution Contact: 641-623-2639Days In Mls: 3

Around this home

What Locals Say about Montezuma

At least 1 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say there are sidewalks

  • 100 % Say there's holiday spirit

  • 100 % Say it's quiet

  • 100 % Say it's walkable to grocery stores

  • 100 % Say parking is easy

  • 75 % Say there's wildlife

  • 75 % Say they plan to stay for at least 5 years

  • 75 % Say people would walk alone at night

  • 67 % Say it's dog friendly

  • 67 % Say kids play outside

  • 50 % Say neighbors are friendly

  • 50 % Say yards are well-kept

  • 33 % Say streets are well-lit

  • 33 % Say it's walkable to restaurants

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Tiffanygorsh
    "This is a great lake to enjoy no matter your age"

Market trends in Montezuma

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
7
MoM

Home Value

Trulia Estimate
$176K
Since last month
Decreased$2K (-1.2%)
Since last year
Decreased$13K (-6.9%)
Since last sale
Increased$11K (+6.8%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +149% in the last 10 years
MonthEstimated value
2026
August 2026$176K
July 2026$179K
2025
2024
2023
2022
2021
2020
2019
2018

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$208,100
1
1.5
960
Off Market
0.12
$142,000
3
1
1,162
Recently Sold
0.07
$178,500
3
1.5
1,695
Off Market
0.15
$100,100
3
1.5
1,604
Off Market
0.10
$139,000
3
1.5
1,356
For Sale
0.16
$162,000
2
1
850
Off Market
0.10
$186,300
2
1.5
1,092
Off Market
0.11
$20,000
3
1
1,599
Recently Sold

Price and Tax history

DateEventPrice
Jul 1, 2026
Source: NoCoast MLS as distributed by MLS GRID #6339897
Listed For Sale
$189,000
Mar 23, 2026
Source: NoCoast MLS as distributed by MLS GRID #6328154
ListingRemoved
$199,000
Jul 14, 2025
Source: NoCoast MLS as distributed by MLS GRID #6328154
PriceChange
$199,000
Price decreased by 3%
May 30, 2025
Source: NoCoast MLS as distributed by MLS GRID #6328154
Listed For Sale
$205,000
Jul 31, 2023
Source: NoCoast MLS as distributed by MLS GRID #6307759
Sold
$165,000

LGBTQ Local Legal Protections

Andy Erselius, AE Realty, Inc
Agent Phone: (641) 226-2639
Based on information submitted to the MLS GRID as of 2026-08-25 07:17:26 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information

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415 E Main St, Montezuma, IA 50171 is a studio, 2,798 sqft multi-family built in 1900. This property is currently available for sale and was listed by NoCoast MLS as distributed by MLS GRID on Jul 1, 2026. The MLS # for this home is MLS# 6339897.