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Off market
  • Tax assessed value
    $200,600

    540 3rd Ave, Marion, IA 52302

    4beds
    1,728sqft
    MultiFamily
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $116/sqft
    $1,209 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,209/mo

    Zestimate® history
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    $1,106/mo

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    What's special

    Fresh paintWell-maintained interiorManageable yardGreat wood deckFunctional layout

    Property is 540 & 550 3rd Ave, Marion. This upper–lower duplex offers a strong investment opportunity in a desirable, family-friendly neighborhood close to Francis Marion Intermediate School. The upper unit is currently rented for $650 per month, and the lower unit rents for $1,100 per month—both tenants pay all utilities, providing steady, low-maintenance income for the next owner. Each renter enjoys a private washer and dryer within their unit and is assigned one stall of the garage, adding convenience and value. This split-level features a functional layout and a well-maintained interior. The lower- level unit is a move-in ready with luxury vinyl plank and fresh paint and patio. The upper unit is a mix of carpet and luxury vinyl plank with a great wood deck. Both units include all appliances. Outside, the home sits on a manageable yard, offering room for outdoor enjoyment. Walking distance to Parkview Elementary. The 3 stall garage has 3 private units with unique door openers. Call, text or email today for a private showing.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,728 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other, Wood
    Lot
    • Size: 8,450 sqft
    Details
    • Parcel number: 140115301900000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Year built: 1964

    Community & neighborhood

    Location
    • Region: Marion

    Price history

    DateEventPrice
    1/10/2026Listing removed--
    Source: Owner Report a problem
    12/11/2025Pending sale$184,900$107/sqft
    Source: Owner Report a problem
    11/18/2025Listed for sale$184,900+89.6%$107/sqft
    Source: Owner Report a problem
    7/30/1998Sold$97,500$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,050 -3.1%$200,600 +54.1%
    2024$2,116 +0.6%$130,200
    2023$2,104 +3.6%$130,200 +25.9%
    2022$2,030 +0.6%$103,400
    2021$2,018 +2.3%$103,400
    2020$1,972 -12.1%--
    2019$2,244 +9.4%$97,900 -1.7%
    2018$2,052 -3.3%$99,600 -2.1%
    2017$2,122 +0.9%$101,700
    2016$2,104 +1.7%$101,700
    2015$2,068 +0.4%$101,700
    2014$2,060 +4.3%$101,700
    2013$1,976 -4.4%$101,700 -10.2%
    2012$2,066 $113,312
    2011-- $113,312 +1.3%
    2010$1,852 $111,890
    2008-- $111,890
    2007-- $111,890 +5%
    2005-- $106,561 +5%
    2004-- $101,487 +1%
    2003-- $100,504 +5%
    2002-- $95,718
    2001-- $95,718 +7%
    2000-- $89,456

    Find assessor info on the county website

    Neighborhood: 52302

    Nearby schools

    GreatSchools rating
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