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    Marion, IA
    Multifamily

    Marion, IA Multifamily Properties for Sale

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    Cedar Rapids, IA Hiawatha, IA Robins, IA Mount Vernon, IA Alburnett, IA Toddville, IA Springville, IA Ely, IA
    Side-by-Side Duplex
    Updated: Jun 26
    Side-by-Side Duplex

    375 - 385 9th Avenue, Marion, IA 52302

    $235,000
    1,428 sqft 0.17 AC lot
    Side‑by‑side duplex with 1,428 square feet
    One‑bedroom and two‑bedroom units, each with 1 bath
    Both units include a carport, private patio, and private outdoor storage
    385 unit remodeled with cabinet, trim, door, plumbing, wiring, and water heater updates in 2015
    375 unit includes an updated kitchen and a refrigerator added in 2025
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    Residential Income Multi-Family
    Updated: Aug 27, 2025
    Residential Income Multi-Family

    4681 Vasey Ave, Marion, IA 52302

    $260,000
    Built in 1980
    Construction materials include composite and frame
    Heating: forced air with natural gas
    Cooling: central air
    Parking includes a garage and guest parking
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    Historic Two-Unit Duplex
    Historic Two-Unit Duplex

    1990 8th Avenue, Marion, IA 52302

    $230,000
    2,796 sqft

    Both residences are occupied by existing tenants, providing an established duplex configuration.

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    See hot listings in Marion

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    4-Unit Quadplex with Modernized Systems
    4-Unit Quadplex with Modernized Systems

    3080 8th St, Marion, IA 52302

    $325,000
    3,360 sqft

    Four matching two-bedroom apartments have updated flooring, kitchens, baths, and boiler systems.

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    High-Density Multifamily Property
    High-Density Multifamily Property

    2750 10th Street, Marion, IA 52302

    $297,000

    Multifamily property for sale currently zoned MR-2 High Density Multifamily Residential.

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    Based on your search, we've compiled 19 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

    Opportunities in Nearby Cities

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

    Duplex with Separate Utilities
    Duplex with Separate Utilities

    339 30th Street Drive SE, Cedar Rapids, IA 52403

    $177,000
    1,698 sqft

    Two-unit residential property with individual utility service, in-unit appliances, basement storage, and attached garage improvements.

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    Duplex with Garages and Storage
    Duplex with Garages and Storage

    327 30th Street Drive SE, Cedar Rapids, IA 52403

    $177,000
    1,628 sqft

    Two-unit property with separate utilities, tenant appliance packages, basement storage, and dedicated parking.

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    Updated Duplex with Garages
    Updated Duplex with Garages

    333 30th Street Drive SE, Cedar Rapids, IA 52403

    $177,000
    1,728 sqft

    Separate utility systems support tenant-paid utility arrangements.

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

    2900/2912 1st Avenue NE, Cedar Rapids, IA 52402

    $625,000
    6,884 sqft

    Five restored spaces combine leased commercial businesses with two apartments and parking improvements.

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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

    Estimated value:
    $55,000
    1,991 sqft 0.06 AC lot
    View details
    1080 9th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1080 9th Ave, Marion, IA 52302-3591

    Estimated value:
    $275,000
    1,770 sqft 0.20 AC lot
    View details
    1204 7th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1204 7th Ave, Marion, IA 52302-3415

    Estimated value:
    $230,000
    2,097 sqft 0.17 AC lot
    View details
    685 9th Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    685 9th Ave, Marion, IA 52302-5706

    Estimated value:
    $255,000
    1,400 sqft 0.17 AC lot
    View details
    760 11th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    760 11th St, Marion, IA 52302-3411

    Estimated value:
    $280,000
    2,700 sqft 0.08 AC lot
    View details
    2120 4Th Ave
    Multifamily properties

    2120 4Th Ave, Marion, IA 52302

    Estimated value: by Request
    View details
    990 Grand Ave
    Multifamily properties

    990 Grand Ave, Marion, IA 52302

    Estimated value: by Request
    View details
    1600 Banner Dr
    MOBILE HOME PARK, TRAILER PARK

    1600 Banner Dr, Marion, IA 52302

    Estimated value:
    $235,000
    94.12 AC lot
    View details
    1000 13th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1000 13th St, Marion, IA 52302-2553

    Estimated value:
    $275,000
    976 sqft 0.18 AC lot
    View details
    Bald Dr
    MOBILE HOME PARK, TRAILER PARK

    Bald Dr, Marion, IA 52302

    Estimated value:
    $230,000
    0.50 AC lot
    View details

    Marion, IA Multifamily Properties Market Trends and Statistics

    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 7,584 square feet of properties for sale, with an estimated market value of $1,347,000.

    Sale prices for multifamily properties in Marion, IA start at $230,000, averaging $269,400, and reaching up to $325,000 — 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 2
    Apartment buildings 1
    Quadplexes 1

    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 $257K

    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

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Marion, IA

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    Most Searched ZIP Codes in Marion, IA

    • 52302

    Featured Marion Real Estate Agencies

    Realmo connects you with licensed Marion CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Potter Real Estate
    642 10th Street Marion, IA 52302
    Phone: 13193775056
    www.pottercompanies.com
    Frazier Realty
    3400 Mulberry Drive Marion, IA 52302
    Phone: 13194314503
    www.frazierhomes.net/
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