1080 9th Ave Marion, IA 52302
Estimated payment $2,391/month
Highlights
- Brick or Stone Mason
- Living Room
- Forced Air Heating and Cooling System
- Marion High School Rated A-
- Property is near schools and shops
About This Home
Rare opportunity describes this investment property located just two blocks North of Marion’s City Square and thriving downtown. Fully occupied, this property has a large commercial space and storefront on the main floor and three residential units on the top floor. The lower level includes on-site laundry, storage, and a half bath. The main floor commercial space currently houses Janna McCalley Interiors and has been almost entirely renovated into a stunning design studio and store. The second floor includes two, one bedroom, one bath units and a studio apartment. Rents are currently set at $750 per month each for the one bedroom units; $500 for the studio apartment; and $1,334 per month for the main floor commercial space. On-site laundry generates some additional income. The lower-level secure storage room is an opportunity for additional income as well and has been rented in the past. Parking is currently included in the rent. This building has been quite well-maintained and improved by the current owners. More information available upon request.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Parking
- 4 Parking Spaces
Home Design
- Brick or Stone Mason
Interior Spaces
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Oven or Range
Location
- Property is near schools and shops
Schools
- Longfellow Elementary School
- Vernon Middle School
- Marion High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 15062-30007-00000
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $180
- Insurance Expense $4,800
- Maintenance Expense $4,500
- Water Sewer Expense $920
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,538 | $277,200 | $39,400 | $237,800 |
| 2024 | $5,656 | $241,800 | $39,400 | $202,400 |
| 2023 | $5,656 | $241,800 | $39,400 | $202,400 |
| 2022 | $5,908 | $254,200 | $30,600 | $223,600 |
| 2021 | $6,376 | $254,200 | $30,600 | $223,600 |
| 2020 | $6,376 | $245,430 | $16,830 | $228,600 |
| 2019 | $6,060 | $222,230 | $16,830 | $205,400 |
| 2018 | $6,150 | $222,230 | $16,830 | $205,400 |
| 2017 | $6,150 | $200,660 | $18,360 | $182,300 |
| 2016 | $7,533 | $200,660 | $18,360 | $182,300 |
| 2015 | $7,903 | $220,900 | $30,600 | $190,300 |
| 2014 | $5,398 | $220,900 | $30,600 | $190,300 |
| 2013 | $7,272 | $220,900 | $30,600 | $190,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/12/2026 06/12/26 | Pending | -- | -- | -- | |
| 05/27/2026 05/27/26 | For Sale | $375,000 | +21.0% | -- | |
| 09/14/2021 09/14/21 | Sold | $310,000 | +3.3% | -- | View Prior Sale |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- | |
| 05/11/2021 05/11/21 | For Sale | $300,000 | 0.0% | -- | |
| 04/10/2021 04/10/21 | Pending | -- | -- | -- | |
| 03/31/2021 03/31/21 | For Sale | $300,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | None Listed On Document | |
| Warranty Deed | $310,000 | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $60,000 | New Conventional | |
| Open | $250,000 | New Conventional | |
| Closed | $250,000 | New Conventional |
Source: Iowa City Area Association of REALTORS®
MLS Number: 202603443
APN: 15062-30007-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
Ask me questions while you tour the home.