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!
For sale
Price cut: $5K (4/26)
$154,900
535 8th Ave, Marion, IA 52302
--beds
--baths
1,600sqft
Multi Family, Residential
Built in 1900
-- sqft lot
$147,600 Zestimate®
$97/sqft
$-- HOA
What's special
- 135 days |
- 386 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Jami Wolf 319-481-7088,
Keller Williams Legacy Group,
Emilie Walsh 319-936-2073,
Keller Williams Legacy Group
Source: Iowa City Area AOR,MLS#: 202601268
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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
$147,600
$140,000 - $155,000
$886/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 | -- | $66,215 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 52302
Nearby schools
GreatSchools rating
- 7/10Vernon Middle SchoolGrades: 5-8Distance: 0.5 mi
- 6/10Marion High SchoolGrades: 9-12Distance: 1 mi
- 5/10Francis Marion Intermediate SchoolGrades: 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Linn County
- Marion
- 52302
- 535 8th Ave
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