$540,000

890 33rd Ave Marion, IA 52302

Estimated payment $3,482/month

Total Views 1,842
-- Bed
-- Bath
5,056 Sq Ft
$107 Price per Sq Ft

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.

Listing Agent

Josh Klindt

Keller Williams Legacy Group Listed on: 08/22/2025

Keller Williams Legacy Group

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • Lot Size Acres: 0.404
  • Co List Office Phone: 319-423-4139
  • MLS Status: Active
  • Directions: N on 10th, W on 33rd, Props on right.
  • Year Built: 1979
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Novak
  • High School: Linn Mar
  • Middle Or Junior School: Excelsior

Lot Info

  • Lot Dimensions: 17600*
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11254-76004-00000, 11254-76003-00000

Rental Info

  • Owner Pays: Gas, Water

Multi Family

  • Gross Income: 78420.0
  • Number Of Units Total: 8
  • Tenant Pays: Electricity

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Cedar Rapids Area Association of REALTORS®

About the Listing Agent

Josh Klindt

Keller Williams Legacy Group

(319) 318-3076

Section Image

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  • 941 M St SW Unit 1-4, Cedar Rapids, IA 52404

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    Welcome to 941 M St SW, a fantastic investment property in Cedar Rapids. This fully occupied fourplex features four 2-bedroom, 1-bathroom units, each offering 600 square feet of well-maintained living space. Each unit provides a cozy yet functional layout, ideal for tenants seeking affordable living in a convenient location.This property is an excellent addition to any investor's

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  • 1016 Koudsi Blvd NW, Cedar Rapids, IA 52405

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    • 3 Beds
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    Welcome to a well-maintained home in a quiet NW Cedar Rapids neighborhood, offering 3 bedrooms, 3 full bathrooms, and 2,200 finished square feet of flexible living space. The main level features fresh paint and brand-new luxury vinyl plank flooring, creating a clean, modern look that pairs well with the home’s functional layout. The living room flows easily into the dining area and kitchen,

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Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2507233

Cedar Rapids Area Association of REALTORS®