535 8th Avenue, Marion, IA 52302
Local realty services provided by:CENTURY 21 Signature Real Estate
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 in Marion! This well-maintained up/down duplex offers immediate income potential with a 2BR/1BA lower unit and 1BR/1BA upper unit, both occupied by long-term tenants. A recent rental permit inspection was completed this past week, ensuring a smooth and compliant transition for the next owner. Most utilities are separately metered and paid by tenants, supporting simplified expense management.
Recent exterior improvements include a newer roof (post-deracho repair), fresh scraping and paint, and a newly improved gravel driveway with off-street parking in the rear. Shared furnace is functional with heat controlled by the lower unit. Tenants also handle snow and lawn care, reducing owner responsibilities.
Conveniently located near all that Marion has to offer, this is a solid, low-maintenance addition to any rental portfolio with stable occupancy and operational ease.
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Home facts
- Year built:1900
- Listing ID #:2601194
- Added:153 day(s) ago
- Updated:July 23, 2026 at 10:43 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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