For sale

$154,900

535 8th Ave, Marion, IA 52302

--beds

--baths

1,600sqft

$1,158/mo

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Multi Family, Residential

Built in 1900

-- sqft lot

$151,900 Zestimate^®

$97/sqft

$-- HOA

What's special

Investor opportunity in Marion! This up/down well maintained duplex features a 2BR/1BA lower unit and 1BR/1BA upper unit with long-term tenants. Most utilities are separated for simplified management and tenants pay all utilities. Exterior improvements include a newer roof (post-derecho repair), shared driveway has new gravel as well as parking in the back and fresh scraping and paint. Shared furnace is functional with heat controlled by the lower unit. Parking available behind the property. Just a short distance from all things Marion, this is solid investment property!

181 days

430

19

Facts & features

Interior

Heating

Natural Gas, Forced Air, Steam

Cooling

Central Air

Features

Basement: Block
Has fireplace: No

Interior area

Total structure area: 1,600
Total interior livable area: 1,600 sqft
Finished area above ground: 1,600
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Off Street

Lot

Size: 7,500 Square Feet
Dimensions: 60 x 125

Details

Parcel number: 140113100600000
Zoning: Residential
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Residential

Materials

Frame

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Subdivision: NA

Location

Region: Marion

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $171,100
Annual tax amount: $2,077
Date on market: 2/20/2026
Listing terms: Cash,Conventional

Estimated market value

$151,900

$144,000 - $159,000

$1,144/mo

Price history

Date	Event	Price
4/26/2026	Price change	$154,900-3.1%$97/sqft
Source: CRAAR, CDRMLS #2601194 Report a problem
2/20/2026	Listed for sale	$159,900+106.3%$100/sqft
Source: CRAAR, CDRMLS #2601194 Report a problem
3/15/2011	Sold	$77,500$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,078 +2.8%	$171,100 +58.9%
2024	$2,022 -16.3%	$107,700
2023	$2,416 +3.5%	$107,700 -0.8%
2022	$2,334 +16.9%	$108,600
2021	$1,996 +2.1%	$108,600
2020	$1,954 +5.9%	--
2019	$1,846	$88,300 +7.8%
2018	$1,846 +2.3%	$81,900 +4.1%
2017	$1,804 +1.6%	$78,700
2016	$1,776 +1.5%	$78,700
2015	$1,750 +0.3%	$78,700
2014	$1,744 +4.1%	$78,700
2013	$1,676 +2.6%	$78,700 -6%
2012	$1,634	$83,736
2011	--	$83,736 -1.9%
2010	$1,382	$85,366 +0.6%
2008	--	$84,898 +3.5%
2007	--	$82,018 +5%
2005	--	$78,112 +5%
2004	--	$74,392
2003	--	$74,392 +5%
2002	--	$70,850
2001	--	$70,850 +7%
2000	--	$66,215

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 52302

Getting around

78 / 100

Very Walkable

45 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Vernon Middle School
Grades: 5-8Distance: 0.5 mi
7/10
Marion High School
Grades: 9-12Distance: 1 mi
9/10
Francis Marion Intermediate School
Grades: 3-4Distance: 1 mi

Schools provided by the listing agent

Elementary: Longfellow
Middle: Vernon
High: Marion

Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.