535 8th Ave Marion, IA 52302
Estimated payment $990/month
Highlights
- Forced Air Heating and Cooling System
- Marion High School Rated A-
- Heating System Uses Steam
About This Home
Investor opportunity in Marion! This up/down well maintained duplex features a 2BR/1BA lower unit and 1BR/1BA upper unit with long-term tenants. Most utilities are separated for simplified management and tenants pay all utilities. Exterior improvements include a newer roof (post-derecho repair), shared driveway has new gravel as well as parking in the back and fresh scraping and paint. Shared furnace is functional with heat controlled by the lower unit. Parking available behind the property. Just a short distance from all things Marion, this is solid investment property!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 60x125
Parking
- 3 Parking Spaces
Home Design
- Frame Construction
Interior Spaces
- 1,600 Sq Ft Home
- Block Basement Construction
Schools
- Longfellow Elementary School
- Vernon Middle School
- Marion High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 14011-31006-00000
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,437
- Gross Income $14,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,022 | $171,100 | $15,200 | $155,900 |
| 2024 | $2,416 | $107,700 | $15,200 | $92,500 |
| 2023 | $2,416 | $107,700 | $15,200 | $92,500 |
| 2022 | $2,334 | $108,600 | $15,200 | $93,400 |
| 2021 | $1,996 | $108,600 | $15,200 | $93,400 |
| 2020 | $1,996 | $88,300 | $15,200 | $73,100 |
| 2019 | $1,846 | $81,900 | $15,200 | $66,700 |
| 2018 | $1,804 | $81,900 | $15,200 | $66,700 |
| 2017 | $1,776 | $78,700 | $15,200 | $63,500 |
| 2016 | $1,750 | $78,700 | $15,200 | $63,500 |
| 2015 | $1,744 | $78,700 | $15,200 | $63,500 |
| 2014 | $1,744 | $78,700 | $15,200 | $63,500 |
| 2013 | $1,676 | $78,700 | $15,200 | $63,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | Price Changed | $154,900 | +0.3% | $97 / Sq Ft |
| 04/26/2026 04/26/26 | Price Changed | $154,500 | -3.4% | $97 / Sq Ft |
| 02/20/2026 02/20/26 | For Sale | $159,900 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $77,500 | None Available | |
| Legal Action Court Order | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $58,425 | New Conventional | |
| Previous Owner | $67,200 | Fannie Mae Freddie Mac |
Source: Iowa City Area Association of REALTORS®
MLS Number: 202601268
APN: 14011-31006-00000
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Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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Ask me questions while you tour the home.