537 8th Avenue, Marion, IA 52302
Linn County
Key Facts
Description
Excellent investment opportunity in a desirable Marion location! This well-maintained duplex features 2 bedrooms and 1 bath on the lower level and 2 bedrooms and 1 bath on the upper level. With a strong history of positive cash flow and reliable rental income, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking additional income. Conveniently located near shopping, dining, schools, and local amenities. Priced to sell—don't miss this chance to own a proven income-producing property in a great location!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1900
Living Area
1,683 sq ft
Lot Dimensions
46 X 125
Days on Market
3
MLS® Listing#
2604085
Property Features
Construction
Sewer
Water Source
Schools
- Elementary:
- Parkview
- Middle:
- Vernon
- High:
- Marion
Financial Details
Annual Taxes
$1,747
Parcel Number
140113100500000
Directions
Take 10th ave east in marion, turn left onto 4th st, turn right onto 8th, duplex is on the right.
Affordability Calculator
$36,000
Estimated monthly payment
$958/mo
Principal $144,000 · Est. interest $200,893 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 55% below the area median.
- Its price per sq ft is 35% 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 · 0.9 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
Wilkins Elementary School
Elementary · 1.4 mi away
Indian Creek 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 |
|---|---|---|---|---|
| 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 |
| 939 Grand Ave Court, Marion, IA | $145,000 | 2 | 2 | 1,214 |
| 1340 8th Street, Marion, IA | $152,500 | 4 | 1 | 1,171 |
Moving Cost Estimate
EXIT Agents in Marion
Listing Courtesy: Realty87 - 3193788760
Presented by: Chris Puckett