535 8th Avenue
Marion, IA 52302

$154,900

  • 1,600
    Square Feet

Investor opportunity in Marion! This well-maintained up/down duplex offers immediate income potential with a 2BR/1BA lower unit and 1BR/1BA upper unit, both occupied by long-term tenants. A recent rental permit inspection was completed this past week, ensuring a smooth and compliant transition for the next owner. Most utilities are separately metered and paid by tenants, supporting simplified expense management. Recent exterior improvements include a newer roof (post-deracho repair), fresh scraping and paint, and a newly improved gravel driveway with off-street parking in the rear. Shared furnace is functional with heat controlled by the...read more lower unit. Tenants also handle snow and lawn care, reducing owner responsibilities.Conveniently located near all that Marion has to offer, this is a solid, low-maintenance addition to any rental portfolio with stable occupancy and operational ease.

Property Highlights

  • Cooling

    Central Air

  • Heating

    Forced Air, Gas, Hot Water

  • Taxes

    $2,077 Taxes

  • Water

    Public

  • Year Built

    Built in 1900

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