Contact us: 563.441.1776
Description
INVESTMENT OPPORTUNITY IN DOWNTOWN MCGREGOR! Located right on Main Street, this mixed-use property offers multiple income streams with commercial space on the main level and three residential apartments. When fully leased, the property offers gross rental potential of approximately $34,800 annually. Whether you're looking to expand your rental portfolio, operate your own business while generating rental income, or take on a value-add investment, this property offers plenty of potential in the heart of historic McGregor. The property is currently being offered AS-IS and has been priced to reflect its present condition. Known roof leakage is present, and the seller is offering buyers the opportunity to purchase at the current price before repairs are completed. If the seller elects to complete repairs, the listing price is subject to increase accordingly. Bring your ideas and take advantage of the opportunity to purchase this versatile Main Street property at its current AS-IS price.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Clayton
Listed By:
RE/MAX Gold
608-306-2865
SCWMLS
MLS ID: 2016669
Units
Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: Street
Square Feet: 600
Unit 2:
Bedrooms: 1
Full Baths: 1
Parking Description: Street
Square Feet: 700
Listing Courtesy of:
RE/MAX Gold
Agency Contact: 608-306-2865
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218 Main Street, Mcgregor, IA 52157.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $229,000 | $229,000 | $229,000 |
| Down Payment | $45,800 | $8,015 | $57,250 |
| Monthly Mortgage Amount | $1,203 | $1,477 | $1,484 |
| Taxes | $319 | $319 | $319 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $101 | $0 |
| Monthly Estimated Total | $1,622 | $1,997 | $1,903 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/27/2026. The listing information on this page last changed on 10/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 10/27/2026 12:11:41 AM EST) or MRED MLS (last updated Tue 10/27/2026 12:02:07 AM EST) or SCWMLS (last updated Mon 10/26/2026 11:55:03 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 10/26/2026 10:15:19 PM EST) or Cedar Rapids MLS (last updated Mon 10/26/2026 10:44:26 PM EST) or NEIRBR MLS (last updated Tue 10/27/2026 12:09:09 AM EST) or ICAAR MLS (last updated Mon 10/26/2026 11:37:34 PM EST) or ECIMLS (last updated Mon 10/26/2026 11:44:34 PM EST) or RMLSA (last updated Tue 10/27/2026 12:00:58 AM EST) or Muscatine MLS (last updated Tue 10/27/2026 12:00:10 AM EST) or No Coast MLS (last updated Tue 10/27/2026 12:04:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright © 2026 South Central Wisconsin MLS Corporation. All rights reserved
Privacy Policy / DMCA Notice / ADA Accessibility
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