$2,500,000

35,45,55 James Dr Marion, NC 28752

Estimated payment $16,056/month

39 Beds
24 Baths
21,015 Sq Ft
$119 Price per Sq Ft

Highlights

  • No HOA
  • Front Green Space
  • Baseboard Heating
  • Laundry Room

About This Home

Exceptional Multifamily Investment Opportunity in the Heart of Marion! Great location! This 24-unit apartment complex is in close Proximity of downtown Marion, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. With strong rental demand and excellent upside potential, this property offers an outstanding opportunity for investors looking to expand their portfolio or acquire a solid income-producing asset. The property is served by city water and city sewer, adding convenience and reliability for both ownership and tenants. Offering immediate cash flow with potential for increased returns through future improvements and rent optimization, this complex is positioned to benefit from Marion’s continued growth and demand for quality rental housing. Large multifamily properties like this rarely come to market. Whether you're seeking stable long-term income, portfolio diversification, or a value-add investment, this 24-unit complex presents a rare opportunity in a highly desirable location. Don't miss your chance to own this premier multifamily investment just steps from downtown Marion. Contact us today for additional information and financial details.

Listing Agent

Brandon Braswell

Realty Group 1 LLC Brokerage Email: 828homesales@gmail.com License #309692 Listed on: 06/02/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1929

Lot Details

  • 23,784 Sq Ft Lot
  • Front Green Space
  • Additional Parcels

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 21,015 Sq Ft Home
  • Natural lighting in basement
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 39 Bedrooms
  • 24 Full Bathrooms

Schools

  • Marion Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 170107682709

Property Details

Home Type

Apartment

Year Built

Built in 1929

Lot Details

0.55 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1929
  • Road Surface Type: Asphalt, Paved
  • Geocode Confidence: High
  • Attribution Contact: 828homesales@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Interior Amenities: Other - See Remarks
  • Appliances: Electric Range, Electric Water Heater
  • Above Grade Finished Sq Ft: 21015
  • Has Basement: Daylight
  • Basement YN: Yes
  • Full Bathrooms: 24
  • Total Bedrooms: 39
  • Living Area: 21015
  • Unit Type Features: Other - See Remarks
  • Unit Type Features: Other - See Remarks
  • Unit Type Features: Other - See Remarks

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Views
  • Lot Size Units: Acres
  • Parcel Number: 170107682709
  • Zoning: R-2
  • Lot Size Acres: 0.546
  • Lot Size: Irregular
  • Additional Parcels Description: 170107682872, 170107683824
  • Additional Parcels: Yes
  • Zoning Specification: R-2

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 24

MLS Schools

  • Elementary School: Marion
  • High School: McDowell

Map

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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
06/02/2026 06/02/26 For Sale $2,500,000 -- $119 / Sq Ft
Source: Canopy MLS

About the Listing Agent

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Source: Canopy MLS

MLS Number: 4382367

Canopy MLS
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