535 8th Ave, Marion, IA 52302
NA · Linn County
Key Facts
Description
Investor opportunity in Marion! This up/down well maintained duplex features a 2BR/1BA lower unit and 1BR/1BA upper unit with long-term tenants. Most utilities are separated for simplified management and tenants pay all utilities. Exterior improvements include a newer roof (post-derecho repair), shared driveway has new gravel as well as parking in the back and fresh scraping and paint. Shared furnace is functional with heat controlled by the lower unit. Parking available behind the property. Just a short distance from all things Marion, this is solid investment property!
Property Information
Property Type
Residential
Sub-Type
Multi Family
Year Built
1900
Living Area
1,600 sq ft
Lot Dimensions
60x125
Parking Spaces
3
Zoning
Residential
MLS® Listing#
202601268
Property Features
Cooling
Heating
Basement
Parking
Construction
Foundation
Community
Sewer
Water Source
Schools
- Elementary:
- Longfellow
- Middle:
- Vernon
- High:
- Marion
Financial Details
HOA
None
Annual Taxes
$2,077
Tax year 2024
Parcel Number
14011-31006-00000
Directions
Use GPS From 2nd St, follow 8th Ave to the right, home is on the right
Affordability Calculator
$30,980
Estimated monthly payment
$824/mo
Principal $123,920 · Est. interest $172,879 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Marion, IA
- $404,000
- Median Listing Price
- 68
- Median Days on Market
- 2,322
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 136
- Active Listings
- This home’s price is 62% below the area median.
- Its price per sq ft is 41% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Marion, IA.
Location
Points of Interest in Marion, IA
Showing the Marion area map.
Nearby Schools
Vernon Middle School
Secondary · 0.5 mi away
Emerson Elementary School
Elementary · 0.6 mi away
St Joseph Catholic School
School · 0.7 mi away
Marion High School
Secondary · 0.9 mi away
Starry Elementary School
Elementary · 0.9 mi away
Francis Marion Intermediate School
Elementary · 1.0 mi away
Marion Independent School District
School · 1.0 mi away
Novak Elementary School
Elementary · 1.1 mi away
Longfellow Elementary
Elementary · 1.2 mi away
Indian Creek Elementary School
Elementary · 1.4 mi away
Wilkins Elementary School
Elementary · 1.4 mi away
Linn-Mar High School
Secondary · 1.4 mi away
Bowman Woods Elementary School
Elementary · 1.4 mi away
Caring Corner
School · 1.4 mi away
Linn Mar Stadium
School · 1.5 mi away
Linn-Mar Community Schools
Secondary · 1.5 mi away
Excelsior Middle School
Secondary · 1.7 mi away
KENWOOD Elementary School
Elementary · 2.2 mi away
Summit Schools
Secondary · 2.3 mi away
Harding Middle School
Secondary · 2.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2470 Third Avenue, Marion, IA | $109,000 | 2 | 2 | 864 |
| 5575 Kacena Avenue, Marion, IA | $125,000 | 2 | 1 | 1,016 |
| 1486 7th Ave, Marion, IA | $129,000 | — | — | — |
| 2430 3rd Avenue, Marion, IA | $142,500 | 3 | 1 | 1,104 |
| 5450 Dyer Avenue, Marion, IA | $143,310 | — | — | — |
| 3253 Prairie Bend Circle, Marion, IA | $145,000 | 2 | 2 | 1,364 |
Moving Cost Estimate
EXIT Agents in Marion
Listing Courtesy: Keller Williams Legacy Group - 3194234139
Presented by: Jami Wolf