$220,000

731 5th Ave Marion, IA 52302

Estimated payment $1,560/month

Total Views 267
-- Bed
-- Bath
2,479 Sq Ft
$89 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Garage
  • Starry Elementary School Rated A-

About This Home

1 stall garage

Last Listed By

Darin Garman

HEARTLAND INVESTMENT REAL ESTATE, LLC Listed on: 05/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,947

Year Built

  • Built in 1920

Parking

  • Garage

Home Design

  • 2,479 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Aluminum Siding

Schools

  • Parkview Elementary School
  • Vernon Middle School
  • Marion High School

Additional Features

  • 5,924 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 140117800200000 & 140117800900000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $26,619
  • Net Operating Income $12,571

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,947

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.136
  • Co List Office Phone: 319-350-5378
  • MLS Status: Active
  • Directions: 10th Street to 5th Ave
  • Year Built: 1920
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Aluminum Siding, Frame
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: Yes
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Separate Meters
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Parkview
  • High School: Marion
  • Middle Or Junior School: Vernon

Lot Info

  • Lot Dimensions: 0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 140117800200000 & 140117800900000
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 26619.0
  • Net Operating Income: 12571.0
  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 3947.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $2,630 $155,900 $12,600 $143,300
2022 $2,542 $118,200 $12,600 $105,600
2021 $2,536 $118,200 $12,600 $105,600
2020 $2,536 $112,200 $12,600 $99,600
2019 $2,512 $112,200 $12,600 $99,600
2018 $2,476 $111,500 $15,400 $96,100
2017 $2,648 $117,300 $16,800 $100,500
2016 $2,598 $116,800 $16,800 $100,000
2015 $2,588 $116,800 $16,800 $100,000
2014 $2,588 $116,800 $16,800 $100,000
2013 $2,488 $116,800 $16,800 $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $220,000 -- $89 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,000 Construction
Source: Public Records

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2503840

Cedar Rapids Area Association of REALTORS®

APN: 14011-78002-00000