Excellent investment opportunity in a desirable Marion location! This well-maintained duplex features 2 bedrooms and 1 bath on the lower level and 2 bedrooms and 1 bath on the upper level. With a strong history of positive cash flow and reliable rental income, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking additional income. Conveniently located near shopping, dining, schools, and local amenities. Priced to sell—don't miss this chance to own a proven income-producing property in a great location!
For sale
$180,000
537 8th Ave, Marion, IA 52302
--beds
--baths
1,683sqft
Multi Family
Built in 1900
-- sqft lot
$172,700 Zestimate®
$107/sqft
$-- HOA
What's special
- 72 days |
- 386 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Chris Puckett 319-899-4705,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2604085
Originating MLS: Cedar Rapids Area Association Of Realtors
Facts & features
Interior
Interior area
- Total interior livable area: 1,683 sqft
Property
Lot
- Size: 5,750 Square Feet
- Dimensions: 46 x 125
Details
- Parcel number: 140113100500000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Marion
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $146,600
- Annual tax amount: $1,747
- Date on market: 6/8/2026
Estimated market value
Zestimate®
$172,700
Estimated sales range
$164,000 - $181,000
Rent Zestimate®
$1,042/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $180,000+20%$107/sqft |
Source: | ||
| 8/18/2023 | Sold | $150,000-2.6%$89/sqft |
Source: | ||
| 7/17/2023 | Pending sale | $154,000$92/sqft |
Source: | ||
| 6/12/2023 | Listed for sale | $154,000-0.6%$92/sqft |
Source: | ||
| 2/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/21/2022 | Listed for rent | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2022 | Listing removed | -- |
Source: | ||
| 10/12/2022 | Price change | $154,900-2.6%$92/sqft |
Source: | ||
| 9/14/2022 | Listed for sale | $159,000+87.1%$94/sqft |
Source: | ||
| 2/28/2018 | Sold | $85,000-10.4%$51/sqft |
Source: | ||
| 8/25/2017 | Price change | $94,900-5%$56/sqft |
Source: Iowa Realty Co., Inc. #1706961 Report a problem | ||
| 7/13/2017 | Listed for sale | $99,900-3.5%$59/sqft |
Source: Iowa Realty Co., Inc. #1706961 Report a problem | ||
| 9/3/2003 | Sold | $103,500$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,161 +27.1% | $146,600 +61.8% |
| 2024 | $1,700 -28.8% | $90,600 |
| 2023 | $2,388 +3.6% | $90,600 -15.6% |
| 2022 | $2,306 +11.7% | $107,300 |
| 2021 | $2,064 +2.1% | $107,300 |
| 2020 | $2,022 +6.3% | -- |
| 2019 | $1,902 | $91,300 +8.2% |
| 2018 | $1,902 +2.3% | $84,400 +4.3% |
| 2017 | $1,860 +1.9% | $80,900 |
| 2016 | $1,826 +1.4% | $80,900 |
| 2015 | $1,800 +0.4% | $80,900 |
| 2014 | $1,792 +3.9% | $80,900 |
| 2013 | $1,724 -5.6% | $80,900 -13.5% |
| 2012 | $1,826 | $93,552 |
| 2011 | -- | $93,552 |
| 2010 | $1,646 | $93,552 |
| 2008 | -- | $93,552 |
| 2007 | -- | $93,552 +5% |
| 2005 | -- | $89,097 +5% |
| 2004 | -- | $84,854 +40.9% |
| 2003 | -- | $60,232 +5% |
| 2002 | -- | $57,364 +6.7% |
| 2001 | -- | $53,754 +7% |
| 2000 | -- | $50,238 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 52302
Nearby schools
GreatSchools rating
- 8/10Vernon Middle SchoolGrades: 5-8Distance: 0.5 mi
- 7/10Marion High SchoolGrades: 9-12Distance: 1 mi
- 9/10Francis Marion Intermediate SchoolGrades: 3-4Distance: 1 mi
Schools provided by the listing agent
- Elementary: Parkview
- Middle: Vernon
- High: Marion
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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