Marion Multifamily Development
For Sale
Contact for pricing
1621 6th Ave, Marion, IA
1.12-acre development site suitable for multifamily housing.
Property SizeContact for details
Lot Size1.12 Acres
Days on Market454
Property Features for 1621 6th Ave
General Information
Standard status
Active
Lot size
1.12 Acres
Property subtype
LAND
Listing Agency:
GLD Commercial
(319) 731-3409
Listed By:
Angie Glick
Source:
Moodyscre
Added: May 26, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:24PM
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 GLD Commercial
Investment Insights
Based on property information with market context.
This 1.12-acre development site is located along 6th Avenue in Uptown Marion. Zoned UTR-2 (Urban Transition Residential 2), concept plans illustrate the potential for a 20-unit executive-level multifamily project. The plans feature 2-bed/2-bath units with attached garages. Depending on the final site configuration, additional units may be feasible. The property is situated in a central Marion location, within walking distance of restaurants, the public library, Vernon Middle School, and other amenities. Market analysis estimates housing demand from 2022-2030 as follows: Market Rate Rentals Needed: 595 units; Shallow - Subsidy: 306 units; Deep - Subsidy: 48 units. This site offers a limited opportunity to purchase land near Uptown Marion, ideal for multifamily development.
Key Highlights
- 1.12‑acre development site in central Marion.
- Zoned UTR‑2 (Urban Transition Residential 2), suitable for multifamily development.
- Concept plans available for a 20‑unit executive‑level multifamily project.
Property Analytics
Property Profile
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Location Intelligence
Trade Area within ½ mile
679
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Frequently Asked Questions
What type of property is this?
Land - 1.12-acre development site suitable for multifamily housing.
Where is this land located?
The property is located at 1621 6th Ave Marion, IA.
What is the asking price?
The asking price for this property is $241,500.
What are key features of this property?
This property features: 1.12‑acre development site in central Marion.; Zoned UTR‑2 (Urban Transition Residential 2), suitable for multifamily development.; Concept plans available for a 20‑unit executive‑level multifamily project.
