
890 33rd Ave Marion, IA 52302
Estimated payment $3,482/month
Highlights
- Hot Property
- No HOA
- Forced Air Heating System
- Linn-Mar High School Rated A-
- Cooling System Mounted To A Wall/Window
About This Home
Great opportunity to purchase two side-by-side fourplexes in a convenient Marion location. 890 and 910 33rd Avenue offer a total of eight two-bedroom, one-bathroom units with approximately 700 square feet of living space per unit. These buildings provide a solid foundation for an investor looking to grow their portfolio or add value through unit updates and rent increases.
Each property features off-street parking, on-site coin-operated laundry, and functional unit layouts with spacious living areas and natural light. Some units have been updated, while others offer the potential for cosmetic improvements to increase rental income.
Located just minutes from Linn-Mar schools, parks, and Marion’s Uptown shopping and dining district, these properties benefit from strong local rental demand and easy access to major commuter routes.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 0.4 Acre Lot
Home Design
- 5,056 Sq Ft Home
- Frame Construction
- Vinyl Siding
Schools
- Novak Elementary School
- Excelsior Middle School
- Linn Mar High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- The owner pays for gas, water
- Assessor Parcel Number 11254-76004-00000, 11254-76003-00000
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Gross Income $78,420
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2025 08/22/25 | For Sale | $540,000 | +126.4% | $107 / Sq Ft |
06/30/2023 06/30/23 | Sold | $238,500 | +1.1% | $75 / Sq Ft |
06/05/2023 06/05/23 | Pending | -- | -- | -- |
06/05/2023 06/05/23 | For Sale | $236,000 | +76.1% | $75 / Sq Ft |
08/26/2014 08/26/14 | Sold | $134,000 | +3.9% | $44 / Sq Ft |
08/01/2014 08/01/14 | Pending | -- | -- | -- |
07/18/2014 07/18/14 | For Sale | $129,000 | -- | $43 / Sq Ft |
About the Listing Agent
Josh's Other Listings
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2507233

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