535 8th Ave, Marion, IA 52302
- Sqft
- 1,600
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Investor opportunity in Marion! This well-maintained up/down duplex offers immediate income potential with a 2BR/1BA lower unit and 1BR/1BA upper unit, both occupied by long-term tenants. A recent rental permit inspection was completed this past week, ensuring a smooth and compliant transition for the next owner. Most utilities are separately metered and paid by tenants, supporting simplified expense management.
Recent exterior improvements include a newer roof (post-deracho repair), fresh scraping and paint, and a newly improved gravel driveway with off-street parking in the rear. Shared furnace is functional with heat controlled by the lower unit. Tenants also handle snow and lawn care, reducing owner responsibilities.
Conveniently located near all that Marion has to offer, this is a solid, low-maintenance addition to any rental portfolio with stable occupancy and operational ease.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 1,600
- Lot size (acres)
- 0.17
- Year built
- 1900
Interior features
- Laundry
- In Unit
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Forced Air, Hot Water, Natural Gas
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount
- $2,077
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Cedar Rapids Area Association of REALTORS MLS®#: 2601194 Last checked: …
