$179,500
$6K PRICE DROP

1213 11th St Marion, IA 52302

Estimated payment $1,200/month

Total Views 11,555
-- Bed
-- Bath
1,890 Sq Ft
$95 Price per Sq Ft

About This Home

Duplex in a great location in Marion, Detached 3 Stall Garage individually rented. Both units updated prior to recent leases with new flooring and paint. New Roof put on in 2022. Unit 1 Rents for $1035 through April 2026, Unit 2 Rents for $725 July 2026. Garages rent for $65 each, month to month. Room for Rent increases for units and garages. Tenants pay all utilities. Owner selling As-Is, Inspections for Buyer information purposes only. 48 Hour Notice for showings, fully occupied.

Listing Agent

Bryant Nicholson

Affinity Real Estate Services Listed on: 05/16/2025

Affinity Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,662

Year Built

  • Built in 1898

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x121

Home Design

  • 1,890 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Laundry

  • Laundry in unit

Schools

  • Franklin Elementary School
  • Vernon Middle School
  • Marion High School

Listing and Financial Details

  • Assessor Parcel Number 103136200500000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,322
  • Gross Income $22,680
  • Net Operating Income $16,634

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,662

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: Multi
  • Property Sub-Type: Multi Family
  • ResoLaundryFeatures: In Unit
  • Lot Size Acres: 0.17
  • Co List Office Phone: 319-393-0814
  • MLS Status: Active
  • Directions: 7th Ave to 12th St to 11th St
  • Year Built: 1898
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Franklin
  • High School: Marion
  • Middle Or Junior School: Vernon

Lot Info

  • Lot Dimensions: 60x121
  • ResoLotSizeUnits: Acres
  • Parcel Number: 103136200500000
  • Zoning Description: Multi

Multi Family

  • Gross Income: 22680.0
  • Net Operating Income: 16634.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6322.0

Tax Info

  • Tax Annual Amount: 2662.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2023 $2,662 $154,300 $18,000 $136,300
2022 $2,572 $119,600 $18,000 $101,600
2021 $2,370 $119,600 $18,000 $101,600
2020 $2,370 $104,800 $18,000 $86,800
2019 $2,310 $102,500 $18,000 $84,500
2018 $2,258 $102,500 $18,000 $84,500
2017 $2,220 $99,800 $18,000 $81,800
2016 $2,220 $99,800 $18,000 $81,800
2015 $2,212 $99,800 $18,000 $81,800
2014 $2,212 $99,800 $18,000 $81,800
2013 $2,126 $99,800 $18,000 $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $179,500 -3.0% $95 / Sq Ft
08/11/2025 08/11/25 For Sale $185,000 0.0% $98 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $185,000 +28.5% $98 / Sq Ft
02/28/2022 02/28/22 Sold $144,000 -3.4% $76 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/11/2021 12/11/21 For Sale $149,000 -- $79 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $144,000 Oshea & Oshea Pc
Warranty Deed $124,500 None Available
Warranty Deed $89,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,200 New Conventional
Previous Owner $100,000 Fannie Mae Freddie Mac
Previous Owner $90,000 No Value Available
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2503566

Cedar Rapids Area Association of REALTORS®

APN: 10313-62005-00000