215 E Ninth Street
Madrid, IA 50156
6
Bed
4
Bath
2,686Sqft
0.21Acre(Lot)
Enjoy the quiet charm of small-town living with convenient access to Ames, Ankeny, and Des Moines. This remodeled property features (2) two-bedroom apartments, (1) one-bedroom apartment, and an upper-level studio living space that is directly connected to one of the two-bedroom apartments. The connected spaces can easily function as a single, larger owner's residence, making this an excellent opportunity for an owner-occupant seeking additional living space while generating rental income from the remaining units. Alternatively, they may continue to be utilized as separate living spaces, offering added flexibility. Three living spaces are furnished, and each includes its own appliances and private laundry. Generous unfinished attic and basement areas provide abundant storage and may offer f
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Daylight, Unfinished -
Flooring Information
Carpet, Tile -
Roofing Information
Asphalt, Shingle -
Interior Features
Eat-in Kitchen Roof: Asphalt, Shingle Appliances: Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Washer Laundry Features: Main Level -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Ductless
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Building Information
Year Built: 1918 Building Area Total: 2686 Construction Materials: Metal Siding Stories: 2 Patio And Porch Features: Deck Private Pool: No
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Lot Information
Lot Dimensions: 66x140 Main Square Feet: 0.21 Acres Lot Size Acres: 0.21 Lot Size Square Feet: 9240 Lot Description: Corner Lot
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Listing Price Information
Listing Price: $349999 Cash, FHA, USDA Loan, VA Loan
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Tax Information
Parcel Number: 088226364186028 Annual Tax: $3092.61 Tax Legal Desc: HOPKINS ADD E 1/2 OF LOTS 3 & 4 BLOCK 3 & S 1/2 E-W ALLEY ADJ TO N SIDE OF E 1/2 OF LOT 3 NE SE
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Location Information
Direction: From Hwy 17, turn west on Ninth Street, house will be on west side of road at S Cedar and E Ninth St. WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2291 Roadrunner Place, Madrid, IA, 50156 | $750,000 | 5 | 3 | 1,662 | 1,662 SqFt |
| 11544 NW 150th Avenue, Madrid, IA, 50156 | $425,000 | 2 | 2 | 1,218 | 1,218 SqFt |
| 814 E First Street, Madrid, IA, 50156 | $350,000 | 4 | 3 | 1,998 | 1,998 SqFt |
| 806 Kingman Boulevard, Madrid, IA, 50156 | $400,000 | 4 | 3 | 1,331 | 1,331 SqFt |
| 1958 S Avenue, Madrid, IA, 50156 | $640,000 | 3 | 2 | 1,712 | 1,712 SqFt |
| 611 E 1st Street, Madrid, IA, 50156 | $249,900 | 3 | 2 | 1,704 | 1,704 SqFt |
| 616 S Kennedy Avenue, Madrid, IA, 50156 | $229,900 | 2 | 2 | 1,232 | 1,232 SqFt |
| 309 E First Street, Madrid, IA, 50156 | $269,900 | 3 | 2 | 1,848 | 1,848 SqFt |
| 210 N Union Street, Madrid, IA, 50156 | $314,900 | 3 | 2 | 1,359 | 1,359 SqFt |
| 222 Park View Lane, Madrid, IA, 50156 | $677,000 | 4 | 4 | 2,640 | 2,640 SqFt |
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ByOwner last updated this listing 07/06/2026 @ 00:18
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