Great Investor Opportunity Close to Downtown Marion! This unique property offers 2 separate parcels with separate single family dwellings. The first is a 1 Bedroom, 1 Bathroom home that has an open feel, handicap accessibility and could be easily used as a commercial investment. Ample parking behind and a separate 1 stall garage as well. The second home included is a 3 level home providing 2 bedrooms and 2 bathrooms and plenty of extra rooms and storage making it another great investment property. Seller also owns the conjoining alleyway which is included in this sale. All structures are sold "As-Is". Contact City of Marion Zoning Department to learn more about the potential uses of these properties.
Property Details
Property Features
Property Information:
Year Built: 1880
Living Area: 2,823 SqFt
Listing Office:
Office Name: COLDWELL BANKER HEDGES
Office Phone: (319) 378-8760
Listing Agent: Jonathan Doerrfeld
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Parking Space(s)
Lot Features
Lot Information:
Lot Size: 0.32 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
Price Per SqFt: $89/SqFt
Tax Information:
Annual Amount: $1,706
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Marion, IA.
This property is $18.4K less than the Median Sold Price and $49/SqFt less than other homes in Marion, IA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CDR
MLS Number: #2407623
Listing Office:
Office Name: COLDWELL BANKER HEDGES
Office Phone: (319) 378-8760
Listing Agent: Jonathan Doerrfeld
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/10/2024, 2:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,706
$75,500
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Francis Marion Intermediate School
2301 3rd Ave
Distance between this listing and this school0.83 miles
Public District Grades 3-4
5
/10
Novak Elementary
401 29th Ave
Distance between this listing and this school1.09 miles
Public District Grades EE-5
5
/10
Wilkins Elementary
2127 27th St
Distance between this listing and this school1.22 miles
Public District Grades KG-5
Nearby Schools
2
/10
Vernon Middle School
1350 4th Ave
Distance between this listing and this school0.42 miles
Public District Grades 5-8
6
/10
Excelsior Middle School
3555 10th St
Distance between this listing and this school1.69 miles
Public District Grades 6-8
7
/10
Harding Middle School
4801 Golf St NE
Distance between this listing and this school2.53 miles
Public District Grades 6-8
Nearby Schools
6
/10
Marion High School
675 S 15th St
Distance between this listing and this school0.91 miles
Public District Grades 9-12
4
/10
Linn - Mar High School
3111 10th St
Distance between this listing and this school1.33 miles
Public District Grades 9-12
3
/10
Washington High School
2205 Forest Dr SE
Distance between this listing and this school2.99 miles
The neighbors living near this home have an average income of $49,579. Typical income of Marion, IA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Marion, IA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Marion, IA?
Marion's housing market showcases a blend of residential styles, with single-family homes being a significant presence. The architectural styles range from classic mid-century designs to more contemporary constructions, reflecting the city's growth over the years. While the majority of the housing stock consists of owner-occupied residences, there is also a selection of apartments and townhouses that cater to those preferring a more communal living environment or a lower maintenance lifestyle.
What are the advantages of living in Marion, IA?
Marion is celebrated for its welcoming community spirit and family-friendly atmosphere. The city prides itself on a rich calendar of local events, including seasonal festivals and farmers' markets that highlight the area's agricultural roots and tight-knit community. The presence of parks and recreational areas contributes to the city's character, offering residents a blend of urban amenities and natural beauty.
Are essential services in Marion, IA convenient?
The community benefits from a solid educational system, with a number of public and private schools serving the area, alongside specialized institutions that cater to a range of educational needs. Healthcare services in Marion include primary care facilities and urgent care centers, ensuring residents have access to essential medical services. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options in Marion reflect the local culture, with a mix of independent shops and eateries alongside more familiar chains.
How do Marion, IA residents get around?
Marion's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns, facilitating commuting and travel. Public transit options are available, providing residents with alternatives to private vehicle use. The city also supports walkability and bikeability in several areas, with ongoing initiatives to improve these aspects of transportation. While specific ride-sharing services are operational in the area, residents also have access to traditional taxi services.
This home is located at 742 8th Ave in Marion, IA and zip code 52302. This 2,823 square foot home, which was built in 1880, sits on a 0.32 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $250,000.
Over 5 listings were sold over their listed price in October 2024 in Marion, IA. In the same period over 22 listings were sold below the listed price and 21 listings were sold for the listed price. The number of listings in Marion, IA increased by 3.9% between September 2024 and October 2024. In October 2024 median list price was $268,450 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.