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    Marion, IA
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    Marion, IA Multifamily Properties for Sale

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    Cedar Rapids, IA Hiawatha, IA Robins, IA Mount Vernon, IA Alburnett, IA Springville, IA Ely, IA Central City, IA
    6 properties
    Turn-of-Century Duplex Investment
    Updated: Apr 2
    Turn-of-Century Duplex Investment

    1990 8th Avenue, Marion, IA 52302

    $230,000
    2,796 sqft 0.20 AC lot
    Turn‑of‑the‑century duplex built in 1900 with frame construction
    Duplex layout with two units: each unit has 3 bedrooms and 1 bathroom
    Tenants are already in place for immediate rental income
    Located in Marion’s historic district, near uptown Marion and local shops
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    This listing looks promising.

    Here's a quick look at some key insights for

    1990 8th Avenue, Marion, IA 52302

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $276K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1900
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    Two-Unit Duplex Income Property
    Updated: Jun 8
    Two-Unit Duplex Income Property

    537 8th Avenue, Marion, IA 52302

    $180,000
    1,683 sqft
    Duplex with Frame construction and 1900 year built
    Lower level unit layout: 2 bedrooms and 1 bathroom
    Upper level unit layout: 2 bedrooms and 1 bathroom
    Total of 4 bedrooms and 2 bathrooms across both units
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    Side-by-Side Duplex Income Property
    Side-by-Side Duplex Income Property

    375 - 385 9th Avenue, Marion, IA 52302

    $235,000
    1,428 sqft 0.17 AC lot

    Two adjacent units each with private patio, carport, and outdoor storage, with annual leases and tenant-paid utilities.

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    Marion Duplex: Investor Opportunity
    Marion Duplex: Investor Opportunity

    535 8th Avenue, Marion, IA 52302

    $154,900
    1,600 sqft 0.17 AC lot

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Up-Down Duplex Investment Property
    Up-Down Duplex Investment Property

    535 8th Ave, Marion, IA 52302

    $154,900

    Two-unit up/down duplex with separate utilities and tenant-paid expenses, plus off-street parking behind the building.

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    Side-by-Side Duplex Investment
    Side-by-Side Duplex Investment

    350 & 352 3rd Ave, Marion, IA 52302

    $315,000

    Well-maintained two-story duplex with distinct unit mixes, garages, and current leases in place.

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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 6 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.

    Mixed-Use Downtown Retail and Apartments
    Mixed-Use Downtown Retail and Apartments

    112 N Iowa St., Solon, IA 52333

    $1,000,000
    2,312 sqft

    Downtown mixed-use building with leasable main-floor commercial space and two rented upper apartments.

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    Mixed-Use Building with Vacant Storefront
    Mixed-Use Building with Vacant Storefront

    1569 First ave SE, Cedar Rapids, IA 52402

    $249,900
    2,666 sqft 0.13 AC lot

    Mixed-use building with a vacant commercial storefront and four apartments, two occupied and two ready to lease.

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    Eight-Unit Multifamily Building
    Eight-Unit Multifamily Building

    230 S Dubuque St., Solon, IA 52333

    $750,000

    Two-bedroom units in an eight-plex with a roof replacement in 2020 and exterior painting completed in 2025.

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    Historic Multifamily Conversion Property
    Historic Multifamily Conversion Property

    860 17th St SE, Cedar Rapids, IA 52403

    Contact for pricing

    Historic property with 44 units plus common areas, a large commercial kitchen, storage, shop, laundry, offices, and garage.

    View details

    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.

    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Developed Multi-Pad Development Land
    Developed Multi-Pad Development Land

    N 41st St, Bethany, MO 64424

    $249,900
    10.00 AC lot

    10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Residential Lot in Wellsville, MO
    Residential Lot in Wellsville, MO

    412 Washington Street, Wellsville, MO 63384

    Contact for pricing
    0.17 AC lot

    Ready-to-build residential lot in a charming small town.

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    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)

    1060 7th Ave, Marion, IA 52302-3438

    Value Estimation by Request
    1,991 sqft 0.06 AC lot
    View details
    1080 9th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1080 9th Ave, Marion, IA 52302-3591

    Value Estimation by Request
    1,770 sqft 0.20 AC lot
    View details
    1204 7th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1204 7th Ave, Marion, IA 52302-3415

    Value Estimation by Request
    2,097 sqft 0.17 AC lot
    View details
    685 9th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    685 9th Ave, Marion, IA 52302-5706

    Value Estimation by Request
    1,400 sqft 0.17 AC lot
    View details
    760 11th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    760 11th St, Marion, IA 52302-3411

    Value Estimation by Request
    2,700 sqft 0.08 AC lot
    View details
    2120 4Th Ave
    Multifamily properties

    2120 4Th Ave, Marion, IA 52302

    Value Estimation by Request
    View details
    990 Grand Ave
    Multifamily properties

    990 Grand Ave, Marion, IA 52302

    Value Estimation by Request
    View details
    1600 Banner Dr
    MOBILE HOME PARK, TRAILER PARK

    1600 Banner Dr, Marion, IA 52302

    Value Estimation by Request
    94.12 AC lot
    View details
    1000 13th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1000 13th St, Marion, IA 52302-2553

    Value Estimation by Request
    976 sqft 0.18 AC lot
    View details
    Bald Dr
    MOBILE HOME PARK, TRAILER PARK

    Bald Dr, Marion, IA 52302

    Value Estimation by Request
    0.50 AC lot
    View details

    Marion, IA Multifamily Properties Market Trends and Statistics

    Explore 16 multifamily properties for sale in Marion, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,507 square feet of properties for sale, with an estimated market value of $799,900.

    Sale prices for multifamily properties in Marion, IA start at $154,900, averaging $199,975, and reaching up to $235,000 — 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

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Apartment buildings 2

    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 average listing prices of real estate assets

    Neighborhood Average Price
    52302 $218.5K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Linn County

    Office

    Property Size Breakdown

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

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