See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2212 Summit St, Marshalltown, IA, 50158

2beds
1baths
880sqft
$100,000
$114price/sqft
$883/moest. monthly cost
$35,320/yrincome needed

About This Home

ATTENTION INVESTORS! Investor Special! Opportunity awaits on this rare 1.14-acre parcel within the city limits of Marshalltown. The existing 2-bedroom home is in need of extensive renovation and is being sold in as-is condition, making it an ideal project for experienced investors, flippers, or those looking for their next rehab. Whether you choose to restore the current home, add value through improvements, or explore the potential of this oversized lot, the possibilities are plentiful. Acreage like this is hard to find in town. Bring your vision, your contractor, and unlock the potential this property has to offer.

Getting Around

5
WalkingCar-Dependent
8
TransitMinimal Transit
13
BikeSomewhat Bikeable

Schools

5/10
2/10
B R Miller Middle SchoolGrades 7-81.1 mi
4/10
Marshalltown High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Block
  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Interior Area

  • Total structure area: 880
  • Total interior livable area: 880 sqft

Property

Details

  • Parcel number: 841828378001
  • Zoning: Res

Features

  • Stories: 1

Lot

  • Lot size: 1.14 Acres
  • Features: Irregular Lot

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage,Two Car Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Hail
Drought
Inland Flooding
Lightning

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$113$1,356
Property Taxes $144$1,728
Electricity $121$1,452
Total$883$10,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$30,274/yr
40% on housing$26,490/yr
45% on housing$23,546/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$114This listing

vs Other Active Listings

Avg $/sqft

ZIP 50158$99
Marshall County$109

vs Homes Sold Last Month

Median $/sqft

ZIP 50158$111
Marshall County$123

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-30Listed for sale$100,000

For Sale by Agent

AgentJordan Jackson
BrokerageRE/MAX Revolution

Similar Homes