NOT LISTED FOR SALE

2335 8th Ave Marion, IA 52302

-- Bed
-- Bath
2,176 Sq Ft
7,492 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $263,000 $121 Per Sq Ft

15 Days on Market

Highlights

  • Deck
  • Marion High School Rated A-
  • Forced Air Cooling System

About This Home

As of July 2022

This amazing 2013-built duplex features 2,176 total square feet. Each unit features 2 bed/1.5 bath, unfinished basements, and 3-car parking pads. The right unit has had the same tenant for 2+ years and the lease rate increases to $1075/mo on 7/1/222 and is currently month to month (right unit is leased at $975/month through 6/30/22). The left unit is leased through 6/30/22 at $975/mo and will be vacant at the end of June (Landlord has a possible replacement tenant at $1075/mo with 7/1/22 move-in date - contact listing agent for more info). Gross Income based on both units being leased at $1075/mo. Cabinet door, microwave, and front storm door in right unit to be replaced by current owners.

Last Agent to Sell the Property

Rhyse Pelley

Twenty40 Real Estate + Development Listed on: 05/25/2022

Last Buyer's Agent

Rhyse Pelley

Twenty40 Real Estate + Development Listed on: 05/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,114

Year Built

  • 2013

Lot Details

  • 7,492

Parking

  • 6 Parking Spaces

Home Design

  • 2,176 Sq Ft Home
  • Frame Construction
  • Vinyl Construction Material

Utilities

  • Forced Air Cooling System
  • Separate Meters

Additional Features

  • Laundry in unit
  • Deck
  • 7,492 Sq Ft Lot

Community Details

  • Gross Income $25,800

Listing and Financial Details

  • Tenant pays for water, electricity, gas
  • The owner pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,114

Year Built

2013

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Acres: 0.1720
  • City Name: Marion
  • Expense Info: Owner Provided
  • Gross Tax: 4114
  • List User Cell Phone: 319-929-5330
  • Miscellaneous: Basement, Deck/Patio, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Unit Laundry
  • Net Tax: 4114
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.97770
  • Ratio Close Price By Original Li: 0.97770
  • Ratio Current Price By Sq Ft: 120.86
  • Total Sq Ft: 2176
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2013

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heating Cooling: Forced Air

Lot Info

  • Lot Size: 7500

Rental Info

  • Owner Pays: Gas

Multi Family

  • Gross Income: 25800
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $263,000 -2.2% $121 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $269,000 -- $124 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204585

Cedar Rapids Area Association of REALTORS®
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