Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    943 18Th St Marion, IA 52302

    For Sale
    $154,950

    1-4 Units - Marion, IA

    Property size:
    1,821 SF
    Lot size:
    0.18 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 943 18Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    150620200500000
    Parking
    4
    Size
    1,821 SF
    Lot size
    0.18 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1900
    Building materials
    Frame
    Architectural style
    Other

    Graf Real Estate ERA Powered (319) 981-3702 [email protected]

    Listing agent Mike Graf-Graf Home Selling Team (319) 981-3702

    Listing date Sep 25, 2025

    MLS# 2508143 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 Duplex with Leases

    This Marion duplex is configured as an upper and lower unit, each containing two bedrooms. The property benefits from a newer roof and siding. Leases are currently in place, extending through December 31, 2024, and February 28, 2026. The current rents are $750 and $800 per unit. The owner is responsible for gas and water expenses, while tenants cover the cost of electricity. The property is situated on a lot measuring 0.179 acres and the building size is 1,821 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -91.5913868
    Latitude
    42.0356462

    Nearby Similar for Sale

    • New
      $634,950
      4,800 SF

      Marion Office Investment Opportunity

      All-brick office building with long-term tenants and solar energy integration.
      888 10Th St, Marion, IA 52302
      View Details
    • $1,995,000
      15,000 SF

      Marion Warehouse/Showroom Opportunity

      Stand-alone building with office and warehouse space in growing area.
      6200 N Gateway Dr, Marion, IA 52302
      View Details
    • New
      $260,000
      3,100 SF

      Marion, Iowa Quadplex Investment

      Four units, two bedrooms, one bath, great investment opportunity.
      4681 Vasey Ave, Marion, IA 52302
      View Details
    • New
      $230,000
      1,716 SF

      Side-by-Side Duplex Near Parkview School

      Duplex near school and park, remodeled unit, new appliances.
      310 4Th St, Marion, IA 52302
      View Details
    • $2,245,000
      18,630 SF

      Premier Event Center with Expansion

      Elegant 10,800 SF venue ideal for weddings and corporate events.
      2987-3243 Epic Dr, Marion, IA
      View Details
    • $1,100,000
      7,305 SF

      Uptown Marion Mixed-Use Property

      Prime Uptown Marion property with established pub and apartments.
      1038-1048 7Th Ave, Marion, IA 52302
      View Details

    FAQs

    What type of property is this?
    Duplex - Marion duplex featuring two-bedroom units with existing leases.
    Where is this duplex located?
    The property is located at 943 18Th St Marion, IA.
    What is the asking price?
    The asking price for this property is $154,950.
    What are key features of this property?
    This property features: - Two-unit duplex provides immediate rental income.; - Leases in place through 12/31/24 and 2/28/26.; - Priced below assessed value.
    (319) 981-3702
    Request Owner's contact information
    943 18Th St Marion, IA 52302
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    943 18Th St
    Marion, IA 52302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    943 18Th St Marion, IA 52302
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.