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$229,000

218 Main Street, Mc Gregor IA, 52157

Built in1890
Property typeMulti-family
Listed by RE/MAX Gold

Overview

Active

Listed Feb 17, 2026

Updated 4 weeks ago

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.

$1,524/mo

Est. mortgage payment based on a $229,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$1,902
Tax Frequency
Annually

Listed by Colton Day with RE/MAX Gold 641-208-7552 ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 9/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

© 2026 South Central Wisconsin Multiple Listing Service Corporation. All Rights Reserved.

Data last updated 1:26 PM UTC, 9/10/2026

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