# 415 E Main Street, Montezuma, IA 50171

> **TL;DR:** multi-family, $189,000 ($68/sqft), built 1900, 2,798 sqft.
> 1-car garage. Est. $1,011/mo. Listed 101 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $189,000 |
| Price/sqft | $68 |
| Square Feet | 2,798 |
| Year Built | 1900 |
| Lot Size | 8,712 sqft (0.20 acres) |
| Garage | 1-car |
| Property Type | Multi-Family (Triplex) |
| Status | Active |
| Days on Market | 101 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $956 |
| Estimated Insurance | $55 |
| **Total** | **$1,011** |

## Key Amenities

- 1-car garage

## Property Highlights

- Built in 1900
- 0.20 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 415 E Main Street, Montezuma, IA 50171
- **County:** Poweshiek
- **Coordinates:** 41.585583, -92.522632
- **Google Maps:** https://www.google.com/maps?q=41.585583,-92.522632

## Listing Agent

- **Name:** Andy Erselius
- **Brokerage:** Andrew Erselius
- **Phone:** 6412262639
- **Broker Phone:** (641) 623-2639
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/415-E-Main-St_Montezuma_IA_50171_M79797-48779?f=listhub&s=NCMLSIA&m=6339897&c=propsimple)

## Photos

![415 E Main Street - Photo 1](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f1727244302r.jpg)

![415 E Main Street - Photo 2](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f67381293r.jpg)

![415 E Main Street - Photo 3](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f535185469r.jpg)

![415 E Main Street - Photo 4](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3802724379r.jpg)

![415 E Main Street - Photo 5](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3039234956r.jpg)

![415 E Main Street - Photo 6](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3434148681r.jpg)

![415 E Main Street - Photo 7](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3599148007r.jpg)

![415 E Main Street - Photo 8](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f2957142678r.jpg)

![415 E Main Street - Photo 9](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f806270175r.jpg)

![415 E Main Street - Photo 10](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3857846969r.jpg)

![415 E Main Street - Photo 11](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f310398802r.jpg)

![415 E Main Street - Photo 12](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f1743634016r.jpg)

![415 E Main Street - Photo 13](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f2354155965r.jpg)

![415 E Main Street - Photo 14](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f2353790573r.jpg)

![415 E Main Street - Photo 15](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3263283680r.jpg)

![415 E Main Street - Photo 16](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3762574513r.jpg)

![415 E Main Street - Photo 17](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f1047979034r.jpg)

![415 E Main Street - Photo 18](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3421858105r.jpg)

![415 E Main Street - Photo 19](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f1859527249r.jpg)

![415 E Main Street - Photo 20](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f1856034291r.jpg)

![415 E Main Street - Photo 21](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f4151490976r.jpg)

![415 E Main Street - Photo 22](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f2619879476r.jpg)

![415 E Main Street - Photo 23](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3498234862r.jpg)

![415 E Main Street - Photo 24](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f690898096r.jpg)

![415 E Main Street - Photo 25](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f2833803449r.jpg)

![415 E Main Street - Photo 26](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f3596293185r.jpg)

![415 E Main Street - Photo 27](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f2595934979r.jpg)

![415 E Main Street - Photo 28](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f2343308300r.jpg)

![415 E Main Street - Photo 29](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f1664063969r.jpg)

![415 E Main Street - Photo 30](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f1300116983r.jpg)

![415 E Main Street - Photo 31](http://lh.rdcpix.com/e1432d31f35db9ea69f3f687d8e56996l-f673995596r.jpg)

---

**MLS#:** 6339897 | **Updated:** 2026-10-08
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/415-e-main-street-montezuma-ia-50171-6339897)

---

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