Residential Income

Marion, IA Residential Income 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
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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4-Unit Quadplex with Modernized Systems
Updated: Sep 24
4-Unit Quadplex with Modernized Systems

3080 8th St, Marion, IA 52302

$325,000
3,360 sqft
Four apartments, each with 2 bedrooms and 1 bathroom
3,360 square feet; built in 1979
All units leased through 7/25/27
Luxury vinyl plank flooring installed throughout all units
One unit fully upgraded; kitchens and baths updated in the other 3
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Remodeled Mixed-Use Building
Remodeled Mixed-Use Building

448 7TH Avenue, Marion, IA 52302

$225,000
2,023 sqft

Two-story property combines commercial space with an updated apartment and private entry.

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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
Est. NOI available after sign in
Local Demand available after sign in
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 22 Potential Opportunities for your consideration. Besides 4 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.

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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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.

Residential Land in Marion, Iowa
Residential Land in Marion, Iowa

Lot 1 Hunters Field 13th Addition, Marion, IA 52302

$85,000
0.26 AC lot

Versatile lot ready for duplex, condo, or patio home.

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Residential Land in Robins Landing
Residential Land in Robins Landing

520 Hampden Dr Ne, Cedar Rapids, IA 52402

$90,000

Residential land with planned walkability and park access.

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Residential Land in Kestrel Heights
Residential Land in Kestrel Heights

3108 Little Hawk Court SE, Cedar Rapids, IA 52403

$90,000
0.47 AC lot

Premium lot in Cedar Rapids' Kestrel Heights development.

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Residential Lot in Kestrel Heights
Residential Lot in Kestrel Heights

Kestrel Heights 2nd Addition lot: 13, Cedar Rapids, IA 52403

$90,000
0.47 AC lot

Premium lot for building a dream home in Cedar Rapids.

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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
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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
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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
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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 Residential Income Properties Market Trends and Statistics

Explore 14 residential income properties for sale in Marion, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,383 square feet of properties for sale, with an estimated market value of $1,107,000.

Sale prices for residential investment properties in Marion, IA start at $225,000, averaging $276,750, 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

Multifamily properties 4
Apartment buildings 1
Duplexes 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 $254.3K

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.

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