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Pending
  • $325,000

    3080 8th St, Marion, IA 52302

    --beds
    --baths
    3,360sqft
    : 
    $2,449/mo
    Get pre-qualified
    Multi Family
    Built in 1979
    -- sqft lot
    $319,700 Zestimate®
    $97/sqft
    $-- HOA

    What's special

    All units are under lease at $750/month to 7/25/27. An exceptional turn-key addition to your real estate portfolio. This fully leased, low-maintenance 4-plex in Cedar Rapids features four identical 2-bedroom, 1-bathroom units with a strong rental history. Over the last five years, the property has undergone extensive capital improvements, including new luxury vinyl plank (LVP) flooring across all units (fully upgraded in 1 unit; kitchens and baths in the remaining 3) and completely modernized heating and hot water boiler systems. Savvy investors will recognize immediate upside, as current rents sit noticeably below market rates. In a high-demand, low-inventory market, a stabilized asset of this caliber won't last long. Contact the listing agent today to capture this premier value-add opportunity. * * 10/14/26-10/28/26 Please contact Lisa Nolan, 319-551-3206, lisa.nolan@realestateconcepts.net. Thanks! * *
    40 days
    40
    0

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Mcvay 319-431-8663,

    RE/MAX CONCEPTS

    Source: CRAAR, CDRMLS,MLS#: 2606614MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

      Facts & features

      Interior

      Heating
      • Hot Water
      Cooling
      • Central Air
      Appliances
      • Laundry: Common Area
      Features
      • Basement: Concrete
      Interior area
      • Total interior livable area: 3,360 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 7
      • Parking features: Parking Space(s)
      Lot
      • Size: 7,710 Square Feet
      • Dimensions: 7770 sf
      Details
      • Parcel number: 1125457902100000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Vinyl Siding
      • Foundation: Poured
      Condition
      • Year built: 1979

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Marion

      Financial & listing details

      • Price per square foot: $97/sqft
      • Annual tax amount: $4,377
      • Date on market: 9/21/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity

        Estimated market value

        $319,700

        $304,000 - $336,000

        $1,225/mo

        Price history

        DateEventPrice
        9/30/2026Pending sale$325,000$97/sqft
        Source: CRAAR, CDRMLS #2606614 Report a problem
        9/22/2026Listed for sale$325,000-8.5%$97/sqft
        Source: CRAAR, CDRMLS #2606614 Report a problem
        6/26/2026Listing removed$850
        Source: Zillow Rentals Report a problem
        6/5/2026Listed for rent$850+32.8%
        Source: Zillow Rentals Report a problem
        4/29/2026Listed for sale$355,000+136.7%$106/sqft
        Source: Owner Report a problem
        2/28/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/24/2024Listed for rent$640
        Source: Zillow Rentals Report a problem
        12/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/2/2023Listed for rent$640
        Source: Zillow Rentals Report a problem
        10/9/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/5/2023Listed for rent$640
        Source: Zillow Rentals Report a problem
        9/18/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/29/2023Listed for rent$640+1.6%
        Source: Zillow Rentals Report a problem
        6/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/25/2023Listed for rent$630
        Source: Zillow Rentals Report a problem
        6/7/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/23/2022Listed for rent$630+2.4%
        Source: Zillow Rental Manager Report a problem
        6/28/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/23/2021Listed for rent$615
        Source: Zillow Rental Manager Report a problem
        5/19/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/9/2021Listed for rent$615
        Source: Zillow Rental Manager Report a problem
        6/13/2020Listing removed$615
        Source: Zillow Rental Manager Report a problem
        5/1/2020Listed for rent$615
        Source: Zillow Rental Manager Report a problem
        5/11/2018Sold$150,000$45/sqft
        Source: CRAAR, CDRMLS #1802489 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 52302

        Getting around

        3 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Novak
        • Middle: Excelsior
        • High: Linn Mar

        Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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