24-Unit Multifamily
For Sale
Contact for pricing
901 S 11th St, Marion, IA 52302
Legacy 24-unit multifamily property with long-term ownership continuity and documented care through market cycles.
Property Size21,312 SF
Days on Market51
Property Features for 901 S 11th St
General Information
Standard status
Active
Size
21,312 SF
Class
B
Property subtype
multifamily
Additional Details
Highway Access
Yes
Multifamily Units
24
Listing Agency:
Des Moines
(563) 508-4649
Listed By:
Michael Minard, CCIM · License #475136684
(563) 508-4649
Source:
Property.jll
Added: Jul 3
Changed: Aug 22
Last Checked: Aug 22 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Des Moines
Investment Insights
Based on property information with market context.
Residence on 11th is a legacy multifamily community totaling 24 units. The property was purchased more than 20 years ago and has been carefully managed through multiple real estate cycles. During Highs ownership, the community has benefited from disciplined management and responsible capital improvements, with an emphasis on maintaining tenant quality and retention.
The property is located at 901 S 11th St in Marion, Iowa, minutes from Uptown Marion and blocks from Hwy 100, providing convenient access to the retail and business hub around Lindale Mall. Lindale Mall is noted as home of the new Dick’s House of Sports, and the nearby Collins Avionics Cedar Rapids Campus is also referenced.
For qualified buyers seeking a stable, established asset with long record of ownership continuity, Residence on 11th presents an opportunity to maintain steady performance under focused local ownership.
The property is located at 901 S 11th St in Marion, Iowa, minutes from Uptown Marion and blocks from Hwy 100, providing convenient access to the retail and business hub around Lindale Mall. Lindale Mall is noted as home of the new Dick’s House of Sports, and the nearby Collins Avionics Cedar Rapids Campus is also referenced.
For qualified buyers seeking a stable, established asset with long record of ownership continuity, Residence on 11th presents an opportunity to maintain steady performance under focused local ownership.
Key Highlights
- Legacy multifamily community with a total of 24 units
- Ownership continuity: purchased more than 20 years ago
- Minutes from Uptown Marion and blocks from Hwy 100
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 52302, IA
43,130
Population
18,153
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
97%
High-School Grad
74.3 sq mi
ZIP Area
580
Density / Sq Mi
$87,463
Median Household Income
$50,234
Median Earnings
$963
Median Rent
$232,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Legacy 24-unit multifamily property with long-term ownership continuity and documented care through market cycles.
Where is this apartment building located?
The property is located at 901 S 11th St Marion, IA.
What are key features of this property?
This property features: Legacy multifamily community with a total of 24 units; Ownership continuity: purchased more than 20 years ago; Minutes from Uptown Marion and blocks from Hwy 100
