310 & 320 4th St Marion, IA 52302
Estimated payment $1,462/month
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 4-minute walk to Thomas Park
- Starry Elementary School Rated A-
- Wood Siding
About This Home
INVESTOR ALERT! This is a fantastic side-by-side slab duplex that is conveniently located close to Parkview Elementary School & Thomas Park. Each unit has 2 bedrooms, 1 bathroom, & a covered 1-stall carport, along with enough driveway space for another parking spot. 310 has been completely remodeled this year with all new appliances & new water heater. 310 is in nice condition with new flooring in the kitchen & new water heater in 2024. HVAC for both units were replaced in 2021. Both units are currently rented (month-to-month leases); 310 for $775/mo (under market value) & 320 for $875/mo. Plus, if you're really looking to expand your portfolio, take a look at 350/352 3rd Ave right next to this property - the two properties compliment each other very well!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,986
Year Built
- Built in 1964
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 125x62.5
Home Design
- 1,716 Sq Ft Home
- Slab Foundation
- Frame Construction
- Wood Siding
Laundry
- Laundry in unit
Schools
- Parkview Elementary School
- Vernon Middle School
- Marion High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 14011-54010-00000
Community Details
Overview
- No Home Owners Association
- 2 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $5,664
- Gross Income $19,800
- Net Operating Income $14,136
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $230,000 | -- | $134 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2509241
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 personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 830 Blairs Ferry Rd
- 1107 7th Ave
- 1204 7th Ave Unit 201
- 648 Marion Blvd
- 850 Bridgit Ln SE
- 4200 Armar Dr SE
- 810-830 Bridgit Ln SE
- 4580 Tama St SE
- 1205 Parkview Dr
- 935 17th St
- 190-210 Ridge Dr
- 1241 Grand Ave
- 1200 Meadowview Dr
- 1197 Blairs Ferry Rd
- 975 W 9th Ave
- 2274 5th Ave
- 2255 8th Ave Unit 2
- 600 Bentley Dr
- 825 26th St
- 2251 Pleasantview Dr