$89,000

1355 3rd Ave Marion, IA 52302

Estimated payment $598/month

Total Views 1,852
-- Bed
-- Bath
839 Sq Ft
$106 Price per Sq Ft

Highlights

  • Shed
  • Central Air
  • Heating System Uses Gas
  • Starry Elementary School Rated A-
  • Fenced

About This Home

Awesome long term rental property that could be perfect single family rental. Terrific condition and vacant ready for the next owner/investor!

Listing Agent

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 10/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1944

Lot Details

  • 7,187 Sq Ft Lot
  • Fenced

Home Design

  • 839 Sq Ft Home
  • Slab Foundation
  • Frame Construction

Outdoor Features

  • Shed

Schools

  • Longfellow Elementary School
  • Vernon Middle School
  • Marion High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 150626100200000

Community Details

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $7,128
  • Gross Income $9,990
  • Net Operating Income $2,862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,547

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.165
  • Reso Pets Allowed: No
  • Co List Office Phone: 319-350-5378
  • MLS Status: Active
  • Directions: On 3rd Ave, Marion
  • Year Built: 1944
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: 7200
  • ResoLotSizeUnits: Acres
  • Parcel Number: 150626100200000

Multi Family

  • Gross Income: 9990.0
  • Net Operating Income: 2862.0
  • Number Of Units Total: 1
  • Annual Operating Expense: 7128.0
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 1547.0

Map

Range of Values:

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Average Value
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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
2025 $1,262 $80,200 $16,500 $63,700
2024 $1,322 $67,300 $16,500 $50,800
2023 $1,322 $67,300 $16,500 $50,800
2022 $1,276 $59,400 $16,500 $42,900
2021 $1,262 $59,400 $16,500 $42,900
2020 $1,262 $55,800 $16,500 $39,300
2019 $1,176 $52,200 $16,500 $35,700
2018 $1,150 $52,200 $16,500 $35,700
2017 $1,154 $51,900 $18,000 $33,900
2016 $1,154 $51,900 $18,000 $33,900
2015 $1,150 $51,900 $18,000 $33,900
2014 $1,150 $51,900 $18,000 $33,900
2013 $1,106 $51,900 $18,000 $33,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Pending -- -- --
11/07/2025 11/07/25 For Sale $89,000 0.0% $106 / Sq Ft
10/22/2025 10/22/25 Pending -- -- --
10/13/2025 10/13/25 For Sale $89,000 -- $106 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $22,000 --
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2508550

Cedar Rapids Area Association of REALTORS®

APN: 15062-61002-00000