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    Marion, IA Multifamily Properties for Sale

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    Cedar Rapids, IA Hiawatha, IA Robins, IA
    Marion Duplex in Historic District
    $235,000
    2,796 SF
    Marion Duplex in Historic District

    1990 8th Avenue, Marion, IA 52302

    Charming duplex with income potential in Marion's historic district.
    • Strong income potential with tenants already in place, offering a turnkey opportunity.
    • Located in the heart of Marion's historic district, near uptown Marion, local shops, and community amenities.
    • Each unit features 3 bedrooms and 1 bathroom, offering spacious layouts.
    • Charming turn‑of‑the‑century duplex with character.
    • Ideal for both tenants and investors.
    Updated: Apr 2
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    Marion Two-Story Duplex Opportunity
    $315,000
    2,208 SF
    Marion Two-Story Duplex Opportunity

    350 & 352 3rd Ave, Marion, IA 52302

    Well-maintained duplex near schools and parks in Marion, Iowa.
    • Duplex features a leased unit (350) with increasing income and a vacant, move‑in ready unit (352).
    • Leased unit (350) offers secured income through May 2027, increasing to $1,250 in July.
    • Unit 352 is vacant, previously rented for $1,350/month, offering immediate income potential.
    • Each unit includes a garage and off‑street parking.
    • Recent improvements include new windows, water heater, refrigerator (in 352), water softener, and garbage disposal (in 350).
    Updated: May 15
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    Marion Duplex: Investor Opportunity
    $154,900
    1,600 SF
    Marion Duplex: Investor Opportunity

    Well-maintained Marion duplex with immediate income potential and long-term tenants.

    535 8th Avenue, Marion, IA 52302

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    Marion Duplex: Investor Opportunity
    $154,900
    1,600 SF
    Marion Duplex: Investor Opportunity

    Well-maintained Marion duplex with long-term tenants and separate utilities.

    535 8th Ave, Marion, IA 52302

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    Marion Multifamily Property For Sale
    $260,000
    3,100 SF
    Marion Multifamily Property For Sale

    Multifamily property in Marion, Iowa, with 3,100 square feet.

    4681 Vasey Ave, Marion, IA 52302

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 5 Active listings in Marion, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Multifamily Property in Hiawatha
    $850,000
    5,250 SF
    New Multifamily Property in Hiawatha

    Newly constructed triplex with immediate income and strong hold potential.

    225 Clymer Road, Hiawatha, IA 52233

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    Cedar Rapids Multifamily Investment Opportunity
    $705,000
    Cedar Rapids Multifamily Investment Opportunity

    Two six-unit buildings with garages, value-add potential.

    361 30th St Dr SE, Cedar Rapids, IA 52403

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    Multifamily Triplex in Hiawatha
    $850,000
    5,250 SF
    Multifamily Triplex in Hiawatha

    Multifamily property featuring three units in Hiawatha, Iowa.

    225 Clymer Rd, Hiawatha, IA 52233

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    NewBo District Mixed-Use Investment
    $5,800,000
    29,240 SF
    NewBo District Mixed-Use Investment

    Mixed-use investment property in Cedar Rapids' NewBo District.

    329 SE 12th Avenue, Cedar Rapids, IA 52403

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres
    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565

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    Improved Residential Lot Ready-to-Go
    Contact for pricing
    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065

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    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres
    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360

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    Wooded Lot in Bollig Estates
    $35,000
    2.45 Acres
    Wooded Lot in Bollig Estates

    Buildable 2.45-acre wooded lot near Nekoosa and Rainbow Casino.

    Lot 2 Bollig Court, Nekoosa, WI 54457

    View details

    Off-Market Properties in Marion, IA

    Consider similar Off-Market properties in Marion, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1060 7th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,991 SF Lot: 0.06 Acres
    Value Estimation by Request

    1060 7th Ave, Marion, IA 52302-3438

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    1080 9th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,770 SF Lot: 0.20 Acres
    Value Estimation by Request

    1080 9th Ave, Marion, IA 52302-3591

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    1204 7th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,097 SF Lot: 0.17 Acres
    Value Estimation by Request

    1204 7th Ave, Marion, IA 52302-3415

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    685 9th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,400 SF Lot: 0.17 Acres
    Value Estimation by Request

    685 9th Ave, Marion, IA 52302-5706

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    760 11th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,700 SF Lot: 0.08 Acres
    Value Estimation by Request

    760 11th St, Marion, IA 52302-3411

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    2120 4Th Ave
    Multifamily properties
    Value Estimation by Request

    2120 4Th Ave, Marion, IA 52302

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    990 Grand Ave
    Multifamily properties
    Value Estimation by Request

    990 Grand Ave, Marion, IA 52302

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    1600 Banner Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 94.12 Acres
    Value Estimation by Request

    1600 Banner Dr, Marion, IA 52302

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    1000 13th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    976 SF Lot: 0.18 Acres
    Value Estimation by Request

    1000 13th St, Marion, IA 52302-2553

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    Bald Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.50 Acres
    Value Estimation by Request

    Bald Dr, Marion, IA 52302

    View details

    Marion, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 15 multifamily properties for sale in Marion, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,304 square feet of properties for sale, with an estimated market value of $1,119,800.

    Sale prices for multifamily properties in Marion, IA start at $154,900, averaging $223,960, and reaching up to $315,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 4
    Apartment buildings 1

    Property Size Breakdown

    The majority of commercial real estate listings in Marion fall within the 100,000+ square foot range.

    Demographics Overview

    Population 43K
    Population Growth (5Y) +5.9%
    Median Household Income $87,463
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

    Identify Marion submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    52302 $224K

    Taxes & Financing

    Tax Rate (average for all types) 2.94%
    Property Tax per SF $39.13 per sq ft
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

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