Investment Opportunity – Marion, NC 6-Unit Apartment Complex | City Water & Sewer | Prime Location Located in the heart of Marion, this 6-unit multifamily property offers a strong investment opportunity with steady rental demand and excellent accessibility. Key Highlights: 6 rental units – ideal for cash flow and portfolio growth City water & sewer – lower maintenance and utility management Convenient downtown location – walkable or short drive to local shops, dining, and services Strong rental market fundamentals in a growing small-town setting Tenants will enjoy proximity to everything downtown Marion has to offer, including restaurants, retail, and community amenities—making it an attractive and stable rental location.
Realty Group 1 LLCBrokerage Email: 828homesales@gmail.comLicense #309692Listed on: 03/18/2026
Property Details
Home Type
Multi-Family
Year Built
Built in 1920
Lot Details
17,424 Sq Ft Lot
Home Design
Traditional Architecture
Architectural Shingle Roof
Vinyl Siding
Interior Spaces
3,652 Sq Ft Home
Property has 2 Levels
Crawl Space
Electric Range
Laundry Room
Bedrooms and Bathrooms
7 Bedrooms
6 Full Bathrooms
Parking
Driveway
10 Open Parking Spaces
6 Assigned Parking Spaces
Schools
Eastfield Elementary School
East Mcdowell Middle School
Mcdowell High School
Utilities
Window Unit Cooling System
Baseboard Heating
Community Details
No Home Owners Association
Listing and Financial Details
Assessor Parcel Number 1711-09-16-6668
Property Details
Home Type
Multi-Family
Year Built
Built in 1920
Lot Details
0.4 Acres
Listing Details
Property Type: Residential Income
Property Sub Type: Sixplex
Architectural Style: Traditional
Year Built: 1920
Road Surface Type: Concrete, Gravel, Paved
Property Sub Type Additional: None
Geocode Confidence: High
Attribution Contact: 828homesales@gmail.com
Special Features: None
Stories: 2
Interior Features
Foundation Details: Crawl Space
Fireplace: No
Room Other: Primary Bedroom
Appliances: Electric Range, Refrigerator
Owner Pays: None
Above Grade Finished Sq Ft: 3652
Basement YN: No
Full Bathrooms: 6
Total Bedrooms: 7
Living Area: 3652
Building Stories: 2
Exterior Features
New Construction: No
Roof: Architectural Shingle
Construction Type: Site Built
Pool Private: No
Construction Type: Vinyl
Garage/Parking
Main Level Garage YN: 0
Carport Y N: No
Garage Yn: No
Open Parking Spaces: 10
Open Parking: Yes
Parking Features: Assigned, Driveway
Assigned Spaces: 6
Utilities
Heating: Baseboard
Sewer: Public Sewer
Laundry Features: In Unit
Cooling: Window Unit(s)
Water Source: City
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Middle Or Junior School: East McDowell
HOA Subject To: None
Lot Info
Lot Features: Other - See Remarks
Lot Size Units: Acres
Parcel Number: 1711-09-16-6668
Zoning: R-2
Lot Size Acres: 0.4
Lot Size: 101*150*59*48*142
Additional Parcels: No
Zoning Specification: R-2
Rental Info
Tenant Pays: All Utilities
Pets Allowed: Yes
Multi Family
Number Of Units Total: 6
MLS Schools
Elementary School: Eastfield
High School: McDowell
Map
Range of Values:
--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax 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
$888
$148,510
$40,000
$108,510
2024
$888
$148,510
$40,000
$108,510
2023
$888
$148,510
$40,000
$108,510
2022
$888
$146,020
$25,000
$121,020
2021
$888
$146,020
$25,000
$121,020
2020
$902
$146,020
$0
$0
2019
$902
$128,950
$0
$0
2017
$749
$128,950
$0
$0
2016
$749
$128,950
$20,000
$108,950
2014
$735
$128,950
$20,000
$108,950
2013
--
$128,950
$20,000
$108,950
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
03/18/202603/18/26
For Sale
$575,000
--
$157 / Sq Ft
Source: Canopy MLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Warranty Deed
$274,000
None Listed On Document
Warranty Deed
$150,000
None Available
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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