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2470 Third Avenue, Marion, IA 52302

Linn County

Key Facts

2Beds
2Baths
864Sq Ft
1955Year Built
0.14Lot (acres)

Description

You have probably seen listings that say, "Come put your finishing touches on this." With this listing, you can put all the touches on it. This property was purchased as an investment property by seller, but he ended up gutting it and now it is essentially a shell. The plan was to finish it as a two bed, two bath home, and plans have already been approved by the city. Circumstances changed, and seller is putting the home on the market as is. Exterior is in good shape, roof is six year old, and windows are newer. The deck overlooks a large backyard, and although there isn't a garage, there is room to add one, and there is currently off street parking. Furnace that comes with property is also three years old. Location is just across from Francis Marion Intermediate School, and potential for a profitable rental property here is still good. Easy to show, bring your construction savvy buyers and check this one out.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch

Year Built

1955

Living Area

864 sq ft

Lot Size

0.14 acres

Lot Dimensions

50x 120

Days on Market

1

MLS® Listing#

2603854

Property Features

Parking

NoneOff Street

Patio

Deck

Fencing

Fenced

Construction

FrameVinyl Siding

Foundation

Slab

Sewer

Public Sewer

Water Source

Public

Rooms

  • First

Schools

Elementary:
Parkview
Middle:
Vernon
High:
Marion

Financial Details

HOA

None

Annual Taxes

$1,996

Parcel Number

15061-55020-00000

Directions

7th Ave to 31st St, right on 3rd Ave, home is on right.

Affordability Calculator

$21,800

Estimated monthly payment

$580/mo

Principal $87,200 · Est. interest $121,652 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 73% below the area median.
  • Its price per sq ft is 23% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Marion, IA.

Location

Map showing the location of 2470 Third Avenue, Marion, IA 52302

Getting Around

Walk
Bike

Somewhat Walkable

Walk Score details ↗

Points of Interest in Marion, IA

Showing the Marion area map.

Nearby Schools

  • Francis Marion Intermediate School

    Elementary · 0.1 mi away

  • Longfellow Elementary

    Elementary · 0.4 mi away

  • Vernon Middle School

    Secondary · 0.5 mi away

  • Marion High School

    Secondary · 0.6 mi away

  • Marion Independent School District

    School · 0.6 mi away

  • Linn Mar Stadium

    School · 0.6 mi away

  • Linn-Mar Community Schools

    Secondary · 0.6 mi away

  • Starry Elementary School

    Elementary · 0.6 mi away

  • Emerson Elementary School

    Elementary · 0.6 mi away

  • St Joseph Catholic School

    School · 0.9 mi away

  • Wilkins Elementary School

    Elementary · 1.0 mi away

  • Indian Creek Elementary School

    Elementary · 1.5 mi away

  • Novak Elementary School

    Elementary · 1.7 mi away

  • Linn-Mar High School

    Secondary · 1.8 mi away

  • Linn Grove Elementary School

    Elementary · 1.9 mi away

  • Excelsior Middle School

    Secondary · 2.1 mi away

  • Bowman Woods Elementary School

    Elementary · 2.4 mi away

  • Caring Corner

    School · 2.4 mi away

  • Cedar Valley Christian School

    School · 2.8 mi away

  • KENWOOD Elementary School

    Elementary · 3.0 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
5575 Kacena Avenue, Marion, IA$125,000211,016

Moving Cost Estimate

EXIT Agents in Marion

Listing Courtesy: RUHL & RUHL REALTORS® - 3193737845

Presented by: Randy Richter

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CedarRapidsAreaAssociationOfRealtors. MLS® Listing#2603854. © 2026EXIT Realty®. All rights reserved.