275 5th Avenue, Marion, IA 52302
- 1,976 sqft
Multi-Family Home
Built in 1978
10,454sqft lot
—— car garage
$86/sqft
Listed 28 days ago
Property Description
Listed 100K below assessed value and all it needs is some elbow grease and a little vision. A quick refresh and you could have yourself a great investment property. With booming downtown Marion a short walk away, the potential for this property is apparent. Fix up one unit, get it rented and work on the next to help cover holding costs. Both units mainly need flooring and paint and they could be ready to rock. Wanting to build something for yourself? Live in one of the units and rent out the other with everything metered separately which allows for smooth maintenance and transitioning between occupancy. Check it out today!
- Listing Status:
- Pending
- Date Added:
- January 17, 2026
- Data Last Updated:
- February 14, 2026 at 12:18PM
- Listing Office:
- Epique Realty : 319-540-1002
- Listing Agent:
- Randon Hill : 319-540-1002
- MLS ID:
- 2600418
- Laundry: In Unit
- Basement: FullConcrete
- A/C: Central Air
- Heating: Forced AirGas
- General: Shed(s)
- Other Structures: Shed(s)DeckPatio
- General: FrameSteelPoured
- Originating MLS: CDR_CDR
- County: Linn
- Zoning: See Assessor14011-55002-00000
- Utilities: Separate Meters
- Water: Public
- Sewer: Public Sewer
- Source: CDR_CDR
This listing courtesy of Randon Hill , Epique Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Vernon Middle School
1350 4th Ave, Marion, IA, 52302
Grades 5-8
0.61 miles away
Vernon Middle School
1350 4th Ave, Marion, IA, 52302
Grades 5-8
0.61 miles away
Marion High School
675 S 15th St, Marion, IA, 52302
Grades 9-12
0.91 miles away


