$210,000
- 2,479 Sq Ft
731 5th Ave, Marion, IA 52302
Darin Garman HEARTLAND INVESTMENT REAL ESTATE, LLC
$210,000
731 5th Ave, Marion, IA 52302
Darin Garman HEARTLAND INVESTMENT REAL ESTATE, LLC
$159,950
943 18th St, Marion, IA 52302
Mike Selling Team GRAF REAL ESTATE, ERA POWERED
$156,500
585 5th Ave, Marion, IA 52302
Merle Kopel KOPEL REALTORS and CONSULTANTS
Marion, Iowa, is a growing city with over 40,000 residents, known for its strong manufacturing industry and community-led revitalization efforts. Major employers include Rockwell Collins, the city government, Marion Independent School District, and local hospitals like UnityPoint Health St. Luke’s Hospital and Mercy Medical Center. Housing options range from condos in Willowridge to midcentury-style homes near Starry Park and Marion High School, with newer Contemporary Craftsman designs in Bowman Hills. The Marion Independent School District and Linn-Marr both receive high ratings, attracting many students through Iowa’s open enrollment system. Marion features over 600 acres of public land across 22 parks, including flower gardens, splash pads, baseball fields, and playgrounds, with plans for an expanded aquatic center. Golf enthusiasts can enjoy courses like Hunters Ridge and Indian Creek, while Prospect Meadows hosts regional baseball and softball tournaments. Cultural highlights include the Swamp Fox Festival, Marion Arts Festival, Granger House Victorian Museum, and Marion Heritage Center. The historic uptown district offers curated shopping in 19th-century brownstones, with pedestrian-friendly sidewalks and zero-elevation streets for easy access. Route 151 connects Marion to Cedar Rapids, 7 miles southwest, and Eastern Iowa Airport provides direct flights to major cities. Marion's crime rates are significantly lower than state and national averages, contributing to its appeal as a safe community. The area experiences cold winters and warm, humid summers, with the highest temperatures in July and the lowest in January.
On average, homes in Marion, IA sell after 85 days on the market compared to the national average of 70 days. The median sale price for homes in Marion, IA over the last 12 months is $381,900, up 7% from the median home sale price over the previous 12 months.
In Marion, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $156,500 to $210,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Marion is $379,999, while the average sale price is $403,467, offering insights into the local housing market. On average, multi-family homes spend 85 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Marion, IA.