535 8th Avenue, Marion, IA 52302

• 1,600 sqft

Property Description

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 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.

Listing Status:

Active

Date Added:

February 20, 2026

Data Last Updated:

May 20, 2026 at 3:18PM

Listing Office:

Keller Williams Legacy Group : 319-423-4139

Listing Agent:

Stacey Dlouhy : 319-423-4139

MLS ID:

2601194

Interior

• Laundry: In Unit
• A/C: Central Air
• Heating: Forced AirGasHot Water

Exterior

• General: Shed(s)
• Other Structures: Shed(s)
• Parking: Parking Space(s)Parking spaces: 3

Construction

• General: FrameWood SidingBlock

Location

• Originating MLS: CDR_CDR
• County: Linn

Lot

• Zoning: Com/ResN1/2 LOT 8 IN LOT 8 IRR SUR NE14-01-1-31-006-0-0000

Utilities

• Utilities: Separate Meters
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CDR_CDR