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535 8th Avenue, Marion, IA 52302

Marion
Local realty services provided by:CENTURY 21 Signature Real Estate
535 8th Avenue,Marion, IA 52302
$154,900
Virtual Tour
  • - Beds
  • - Baths
  • 1,600 sq. ft.
  • Multi-family
  • Active
Listed by: stacey dlouhy, jami wolf
Office: keller williams legacy group
MLS#:2601194
Source:IA_CRAAR

Price summary

  • Price:$154,900
  • Price per sq. ft.:$96.81

About this home

Investor opportunity with major improvements completed! This well-maintained Marion up/down duplex features a 2BR/1BA lower unit and 1BR/1BA upper unit, both occupied by established month-to-month tenants. Recent improvements include a repaired/re-supported main structural support, updated deck stairs and rear handrail, secured A/C electrical box, newer roof, and a new sewer line scheduled for installation. The property has also passed its recent rental permit inspection. Most utilities are separately metered and tenant-paid, with tenants also handling lawn and snow care. Shared furnace is controlled by the lower unit. Conveniently located near downtown Marion, this income-producing property offers immediate rental income with future value-add potential for its next owner.

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Home facts

  • Year built:1900
  • Listing ID #:2601194
  • Added:202 day(s) ago
  • Updated:September 11, 2026 at 03:50 PM

Rooms and interior

  • Living area:1,600 sq. ft.

Heating and cooling

  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Building area:1,600 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Frame
  • Foundation Description:Block

Schools

  • High school:Marion
  • Middle school:Vernon
  • Elementary school:Longfellow

Utilities

  • Water:Public

Finances and disclosures

  • Price:$154,900
  • Price per sq. ft.:$96.81
  • Tax amount:$2,077

Parking

  • Total parking spaces:3

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