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    Marion, IA
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    Marion, IA Residential Income Properties for Sale

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    Cedar Rapids, IA Hiawatha, IA Robins, IA Mount Vernon, IA Alburnett, IA Springville, IA Ely, IA Center Point, IA
    10 properties
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    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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    Victorian Triplex with Courtyard
    Updated: Jul 31
    Victorian Triplex with Courtyard

    1024 18th Street, Marion, IA 52302

    $285,000
    2,649 sqft 0.26 AC lot
    0.26‑acre lot with 2‑stall garage off a shared driveway plus extra parking pad
    Three‑unit layout: 2‑bedroom main unit, 1‑bedroom second‑floor apartment, and second‑floor efficiency
    Wood‑frame construction with hardwood floors, natural woodwork, and elegant staircase
    Private courtyard and landscaping for tenant outdoor space
    Built in 1890 with shingle roof
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    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    537 8th Avenue, Marion, IA 52302

    $180,000
    1,683 sqft

    A well-maintained duplex offering two two-bedroom, one-bath units with independent living arrangements.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    24-Unit Multifamily Community
    24-Unit Multifamily Community

    901 S 11th St, Marion, IA 52302

    Contact for pricing
    21,312 sqft

    Legacy 24-unit multifamily property with long-term ownership continuity and documented care through market cycles.

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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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    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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    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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    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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    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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    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 10 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 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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    Up-and-Down Duplex with Alley Access
    Up-and-Down Duplex with Alley Access

    1521 Washington, Cedar Rapids, IA 52403

    $135,000
    2,130 sqft

    Up-and-down duplex with two 2-bedroom units and an oversized, alley-accessible backyard for expanded parking options.

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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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    Multifamily Apartment Building
    Multifamily Apartment Building

    120 32nd St NE, Cedar Rapids, IA 52402

    Contact for pricing

    Apartment building with 23 units in the Cedar Rapids metro, with recent updates and a roof maintenance plan.

    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.

    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.

    View details
    Land Backing Hunters Ridge Golf
    Land Backing Hunters Ridge Golf

    2933 Clubhouse Dr and 2935, Marion, IA 52302

    $75,000

    Residential land near Hunters Ridge Golf Club in Marion, Iowa.

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    Residential Land in Kestrel Heights
    Residential Land in Kestrel Heights

    Cedar Rapids, IA 52403

    $90,000
    0.47 AC lot

    Premium lot in Cedar Rapids' Kestrel Heights development.

    View details
    Premium Land in Kestrel Heights
    Premium Land in Kestrel Heights

    Cedar Rapids, IA 52403

    $375,000
    3.38 AC lot

    Build your dream home in a vibrant new community.

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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 Residential Income Properties Market Trends and Statistics

    Explore 20 residential income properties for sale in Marion, IA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 31,468 square feet of properties for sale, with an estimated market value of $2,111,800.

    Sale prices for residential income properties in Marion, IA start at $154,900, averaging $234,644, 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 10
    Duplexes 6
    Apartment buildings 3
    Single family properties 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 $219.4K

    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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