Property Description

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.

Features
: Forced Air, Hot Water, Gas
: Central Air
: In Unit
: Public Sewer
: Separate Meters
Address Map
IA
Linn
Marion
52302
8th
535
Avenue
W92° 23' 42.5''
N42° 2' 2.8''
From 2nd St, follow 8th Ave to the right, home is on the right
Marion
Com/Res
Neighborhood
Longfellow
Marion
Vernon
MLS Addon
Keller Williams Legacy Group
Stacey Dlouhy
Sqft0
Sqft0
Sqft0
Sqft0
Sqft0
Additional Information
: Frame, Wood Siding
: Block
7405
2
2026-02-20
159900
https://www.propertypanorama.com/instaview/cdr/2601194
: Public
Financial
2077.0
Listing Information
Jami Wolf
WOLFJAMI121
CKWLG
Keller Williams Legacy Group
DLOUHYSTACEY121
CKWLG02
Cash, Conventional
Active
2026-05-03T13:55:01Z
CDR
2026-02-20T11:50:21Z

535 8th Avenue, Marion, Iowa 52302 - Residential For Sale

535 8th Avenue, Marion, Iowa 52302

1,600 Sqft
$154,900
Listing ID #2601194
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2601194
Price : $154,900
Square Footage : 1,600 Sqft
Year Built : 1900
Lot Area : 0.17 Acre
Status : Active
F 150 : Parking Space(s)
Property Sub Type : Multi Family
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent