$490,000
SOLD SEP 24, 2025

890 33rd Ave Marion, IA 52302

8 Beds
4 Baths
2,528 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

9% Below List Price

16 Days on Market

Highlights

  • Living Room
  • Linn-Mar High School Rated A-
  • Property is near schools and shops

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Josh Klindt

Keller Williams Legacy Group License #S60830000 Listed on: 08/23/2025

Keller Williams Legacy Group

Last Buyer's Agent

Mike Pilarczyk

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,528 Sq Ft Home
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near schools and shops

Schools

  • Novak Elementary School
  • Marion Middle School
  • Linn Mar High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 11254-7600(3,4)-00000

Community Details

Overview

  • 8 Units
  • Linwood Acres Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Electric Expense $1,304
  • Fuel Expense $3,412
  • Water Sewer Expense $4,848
  • Gross Income $78,646

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: 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.
  • Year Built: 1979
  • Subdivision: linwood acres
  • Rental Permit: Yes
  • Water Annually: 4848
  • Directions: N on 10th, W on 33rd, Props on right.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Pet Policy, Close to School, Close to Shopping
  • Basement Remarks: Sump Pump, Full
  • Possession R: At Closing
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Sq Ft Above: 2528
  • Lower Level Sq Ft: 2528

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 1304
  • Gas Annually: 3412
  • Heating Cooling: Window/Wall Units, Other Heating

Schools

  • High School: Linn Mar
  • Jr Middle School: Marion
  • Elementary School: Novak

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 17600
  • Zoning: res

Tax Info

  • Assessor Parcel Number: 11254-7600(3,4)-00000

Multi Family

  • Units Total: 8
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2025 09/24/25 Sold $490,000 -9.3% $194 / Sq Ft
09/08/2025 09/08/25 Pending -- -- --
08/23/2025 08/23/25 For Sale $540,000 +126.4% $214 / Sq Ft
06/30/2023 06/30/23 Sold $238,500 +1.1% $75 / Sq Ft View Prior Sale
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 View Prior Sale
08/01/2014 08/01/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $129,000 -- $43 / Sq Ft
Source: Iowa City Area Association of REALTORS®

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 $4,020 $259,600 $28,600 $231,000
2024 $4,020 $240,000 $28,600 $211,400
2023 $4,020 $277,800 $28,600 $249,200
2022 $4,514 $181,200 $22,000 $159,200
2021 $4,370 $181,200 $22,000 $159,200
2020 $4,370 $138,500 $22,000 $116,500
2019 $3,968 $138,500 $22,000 $116,500
2018 $3,336 $121,300 $22,000 $99,300
2017 $2,844 $85,000 $22,000 $63,000
2016 $2,844 $85,000 $22,000 $63,000
2015 $3,868 $111,400 $22,000 $89,400
2014 $3,868 $111,400 $22,000 $89,400
2013 $1,998 $111,400 $22,000 $89,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202505380

Iowa City Area Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.