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    4681 Vasey Ave Marion, IA 52302

    New
    Under Contract
    For Sale
    $260,000

    1-4 Units - Marion, IA

    Property size:
    3,100 SF
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 4681 Vasey Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Res
    APN
    103240400101003
    Parking
    5
    Size
    3,100 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Building materials
    Frame
    Architectural style
    Other

    RE/MAX Real Estate Concepts (319) 395-0101 [email protected]

    Listing agent Alicia Porter (319) 395-0101

    Listing date Dec 5, 2025

    MLS# 2507353 Listing URL

    Copyright © 2025 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marion, Iowa Quadplex Investment

    This multifamily property in Marion, Iowa, presents a great investment opportunity. It features four units, each with two bedrooms, one bathroom, a living room, and a kitchen. The leases are for one year and were signed in February 2025. The property includes three garage spaces and five to six parking spaces. A new roof was installed around 2020. The property size is 3,100 square feet and the lot size is 0 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.5601508
    Latitude
    42.040372

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    FAQs

    What type of property is this?
    Quadplex - Four units, two bedrooms, one bath, great investment opportunity.
    Where is this quadplex located?
    The property is located at 4681 Vasey Ave Marion, IA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Great investment opportunity with 4 units, each featuring 2 bedrooms and 1 bath.; - Leases are in place until February 2025, providing immediate rental income.; - Includes 3 garage spaces and 5-6 additional parking spaces.
    (319) 395-0101
    Request Owner's contact information
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    Marion, IA 52302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4681 Vasey Ave Marion, IA 52302
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