815 5th Ave Marion, IA 52302
Estimated payment $1,268/month
About This Home
Investment Opportunity! Well-maintained duplex offering strong rental potential with numerous recent updates. The spacious main-level unit features 2 bedrooms, a formal dining room, cozy living room, large kitchen, full bathroom, and abundant natural light throughout. The upper-level unit offers 1 bedroom, 1 bathroom, an eat-in kitchen, and a comfortable living room—ideal for tenants seeking an efficient, inviting space. Major improvements provide peace of mind, including new fascia, soffit, and gutters (2020), new siding (June 2026), and updated garage doors (2024 & 2026). The main-level hardwood floors were beautifully refinished in 2023, while the upper-level kitchen and living room were remodeled in 2020, adding modern appeal. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this move-in-ready duplex is an excellent opportunity. This version emphasizes the income potential, recent improvements, and livability while keeping the description concise and appealing to prospective buyers. * some photos are virtually staged
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,258
Year Built
- Built in 1880
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,848 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Parkview Elementary School
- Vernon Middle School
- Marion High School
Additional Features
- 7,405 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 14011-77004-00000
Community Details
Overview
- 2 Units
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 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 | $2,196 | $167,000 | $13,500 | $153,500 |
| 2024 | $2,216 | $117,000 | $13,500 | $103,500 |
| 2023 | $2,216 | $117,000 | $13,500 | $103,500 |
| 2022 | $2,142 | $99,600 | $13,500 | $86,100 |
| 2021 | $1,988 | $99,600 | $13,500 | $86,100 |
| 2020 | $1,988 | $87,900 | $13,500 | $74,400 |
| 2019 | $2,002 | $88,800 | $16,500 | $72,300 |
| 2018 | $1,936 | $88,800 | $16,500 | $72,300 |
| 2017 | $2,018 | $90,700 | $18,000 | $72,700 |
| 2016 | $2,018 | $90,700 | $18,000 | $72,700 |
| 2015 | $2,010 | $90,700 | $18,000 | $72,700 |
| 2014 | $2,010 | $90,700 | $18,000 | $72,700 |
| 2013 | $1,932 | $90,700 | $18,000 | $72,700 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/03/2026 07/03/26 | Pending | -- | -- | -- | |
| 06/26/2026 06/26/26 | For Sale | $199,900 | +344.2% | $108 / Sq Ft | |
| 05/07/2012 05/07/12 | Sold | $45,000 | -43.7% | $29 / Sq Ft | View Prior Sale |
| 02/16/2012 02/16/12 | Pending | -- | -- | -- | |
| 05/24/2010 05/24/10 | For Sale | $79,950 | -- | $51 / Sq Ft |
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 |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $45,000 | None Available |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2604541
APN: 14011-77004-00000
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