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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 Ely, IA Mount Vernon, IA Alburnett, IA Toddville, IA Springville, IA
    12 properties
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    Historic Triplex with Courtyard
    Updated: Jul 31
    Historic Triplex with Courtyard

    1024 18th Street, Marion, IA 52302

    $275,000
    2,649 sqft 0.26 AC lot
    Three‑unit layout: 2‑bedroom main‑floor unit, 1‑bedroom upstairs apartment, and upstairs efficiency
    2,649 square feet on a 0.26‑acre lot
    1890 wood‑frame construction with wood flooring and original interior woodwork
    Two‑stall garage plus an additional parking pad
    Private courtyard and landscaped outdoor areas
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    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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    Two-Unit Frame Duplex
    Two-Unit Frame Duplex

    537 8th Avenue, Marion, IA 52302

    $180,000
    1,683 sqft

    Two-level residential income property with matching two-bedroom, one-bath layouts and proximity to local shopping, dining, and schools.

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    See what stands out in Linn County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Local Demand available after sign in
    Victorian Triplex with Garage
    Victorian Triplex with Garage

    1024 18th Street, Marion, IA 52302

    $275,000
    2,649 sqft

    Three separate units support residential income use or a multigenerational living arrangement.

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    Two-Unit Six-Bedroom Duplex
    Two-Unit Six-Bedroom Duplex

    1990 8th Avenue, Marion, IA 52302

    $230,000
    2,796 sqft 0.20 AC lot

    Upper and lower residences each contain three bedrooms and one bathroom, with tenants already in place.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    535 8th Avenue, Marion, IA 52302

    $154,900
    1,600 sqft 0.17 AC lot

    Month-to-month tenants occupy both units, with most utilities separately metered and paid by tenants.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Up/Down Duplex with Rear Parking
    Up/Down Duplex with Rear Parking

    535 8th Ave, Marion, IA 52302

    $154,900

    Two-unit residential property with largely separated utilities and tenant-paid utility service.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    815 5th Avenue, Marion, IA 52302

    $194,900
    1,848 sqft

    Two separate residences offer distinct layouts, recent improvements, and the option for owner occupancy with rental income.

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    Residential Income Multi-Family
    Residential Income Multi-Family

    4681 Vasey Ave, Marion, IA 52302

    $260,000

    Residential income multifamily property for sale in Marion, Iowa.

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    Two-Level Duplex
    Two-Level Duplex

    537 8TH Avenue, Marion, IA 52302

    $180,000
    1,683 sqft

    Residential income property with matching living arrangements near shopping, dining, schools, and local amenities.

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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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    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 26 Potential Opportunities for your consideration. Besides 12 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.

    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 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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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    230 S Dubuque St., Solon, IA 52333

    $750,000

    Two-story apartment property with remodeled units, central air, and off-street parking.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    1600 3rd Ave SE, Cedar Rapids, IA 52403

    Contact for pricing

    Solid-brick construction and proximity to retail services support a practical multifamily configuration.

    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)

    1060 7th Ave, Marion, IA 52302-3438

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

    1080 9th Ave, Marion, IA 52302-3591

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

    1204 7th Ave, Marion, IA 52302-3415

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

    685 9th Ave, Marion, IA 52302-5706

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

    760 11th St, Marion, IA 52302-3411

    $280,000
    Estimated value
    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

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

    1000 13th St, Marion, IA 52302-2553

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

    Bald Dr, Marion, IA 52302

    $230,000
    Estimated value
    0.50 AC lot
    View details

    Marion, IA Multifamily Properties Market Trends and Statistics

    Explore 22 multifamily properties for sale in Marion, IA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 19,132 square feet of properties for sale, with an estimated market value of $2,666,700.

    Sale prices for multifamily properties in Marion, IA start at $154,900, averaging $222,225, and reaching up to $297,000 — 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 8
    Apartment buildings 2
    Triplexes 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 $222.6K

    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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