Up-Down Duplex Investment
535 8th Ave Marion, IA 52302
For Sale
$154,900
MULTI_FAMILY - Marion, IA
Days on Market159
Property Features for 535 8th Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Rooms
Bathroom 2, Bathroom 1
Parking
3
Parking features
Off Street
Standard status
Active
APN
14011-31006-00000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2077
Utilities
Heating system
Natural Gas, Steam, Forced Air
Cooling system
Central Air
Building Details
Year built
1900
Building materials
Frame
Listing Agency:
Keller Williams Legacy Group
(319) 423-4139
Listed By:
Jami Wolf
(319) 481-7088
Added: Feb 20
Changed: Jun 30
Last Checked: Jul 29 at 11:06AM
MLS# 202601268
Copyright © 2026 Iowa City 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.
Investment Insights
Based on property information with market context.
This well maintained up/down duplex offers two separate living units with long-term tenants. The lower unit is a 2BR/1BA configuration, while the upper unit is a 1BR/1BA configuration. The property includes most utilities separated for simplified management, and tenants pay all utilities. Exterior improvements include a newer roof following post-derecho repair, with shared driveway upgrades such as new gravel, along with fresh scraping and paint. Parking is available in the back of the property. A shared furnace is functional, with heat controlled by the lower unit.
The property is located at 535 8th Ave in Marion, within Linn County, Iowa, and is described as being a short distance from all things Marion. Access is via the shared driveway, with rear parking available behind the duplex.
For investors seeking a residential income property in a residential-zoned setting, this duplex provides two distinct unit layouts and an operating model where tenants cover utilities. The combination of separated utilities, recent exterior work, and available rear parking supports straightforward day-to-day management and tenant convenience.
The property is located at 535 8th Ave in Marion, within Linn County, Iowa, and is described as being a short distance from all things Marion. Access is via the shared driveway, with rear parking available behind the duplex.
For investors seeking a residential income property in a residential-zoned setting, this duplex provides two distinct unit layouts and an operating model where tenants cover utilities. The combination of separated utilities, recent exterior work, and available rear parking supports straightforward day-to-day management and tenant convenience.
Key Highlights
- Up/down duplex with a 2BR/1BA lower unit and 1BR/1BA upper unit
- Long‑term tenants in both units
- Most utilities are separated; tenants pay all utilities
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit up/down duplex with separate utilities and tenant-paid expenses, plus off-street parking behind the building.
Where is this duplex located?
The property is located at 535 8th Ave Marion, IA.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Up/down duplex with a 2BR/1BA lower unit and 1BR/1BA upper unit; Long‑term tenants in both units; Most utilities are separated; tenants pay all utilities
