Investment Opportunity! Well-maintained duplex offering strong rental potential with numerous recent updates. The spacious main-level unit features 2 bedrooms, a formal dining room, cozy living room, large kitchen, full bathroom, and abundant natural light throughout. The upper-level unit offers 1 bedroom, 1 bathroom, an eat-in kitchen, and a comfortable living room—ideal for tenants seeking an efficient, inviting space.
Major improvements provide peace of mind, including new fascia, soffit, and gutters (2020), new siding (June 2026), and updated garage doors (2024 & 2026). The main-level hardwood floors were beautifully refinished in 2023, while the upper-level kitchen and living room were remodeled in 2020, adding modern appeal.
Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this move-in-ready duplex is an excellent opportunity.
This version emphasizes the income potential, recent improvements, and livability while keeping the description concise and appealing to prospective buyers. * some photos are virtually staged
For sale
$199,900
815 5th Ave, Marion, IA 52302
--beds
--baths
1,848sqft
Multi Family
Built in 1880
-- sqft lot
$193,200 Zestimate®
$108/sqft
$-- HOA
What's special
Formal dining roomAbundant natural light throughoutSpacious main-level unitLarge kitchenEat-in kitchen
- 6 days |
- 435 |
- 22 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tyra McAbee 515-953-8146,
Century 21 Signature Real Estate
Source: CRAAR, CDRMLS,MLS#: 2604541
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsLoading...
Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full
Interior area
- Total interior livable area: 1,848 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
Lot
- Size: 7,405 Square Feet
- Dimensions: 7260 sf
Details
- Parcel number: 140117700400000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Marion
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $167,000
- Annual tax amount: $2,258
- Date on market: 6/26/2026
- Listing terms: Cash,Conventional
Estimated market value
$193,200
$184,000 - $203,000
$1,208/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $199,900+33.3%$108/sqft |
Source:  CRAAR, CDRMLS #2604541 Report a problem | ||
| 9/12/2023 | Listing removed | -- |
Source: CRAAR, CDRMLS #2304544 Report a problem | ||
| 7/12/2023 | Listed for sale | $149,950+233.2%$81/sqft |
Source: CRAAR, CDRMLS #2304544 Report a problem | ||
| 5/7/2012 | Sold | $45,000$24/sqft |
Source: CRAAR, CDRMLS #1004234 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,258 +2.8% | $167,000 +42.7% |
| 2024 | $2,196 -0.9% | $117,000 |
| 2023 | $2,216 +3.5% | $117,000 +17.5% |
| 2022 | $2,142 +7.7% | $99,600 |
| 2021 | $1,988 +2.2% | $99,600 |
| 2020 | $1,946 -2.8% | -- |
| 2019 | $2,002 | $87,900 -1% |
| 2018 | $2,002 +3.4% | $88,800 -2.1% |
| 2017 | $1,936 -5.5% | $90,700 |
| 2016 | $2,048 +1.5% | $90,700 |
| 2015 | $2,018 +0.4% | $90,700 |
| 2014 | $2,010 +4% | $90,700 |
| 2013 | $1,932 +5.2% | $90,700 -3.6% |
| 2012 | $1,836 | $94,113 |
| 2011 | -- | $94,113 |
| 2010 | $1,656 | $94,113 |
| 2008 | -- | $94,113 |
| 2007 | -- | $94,113 +5% |
| 2005 | -- | $89,632 +5% |
| 2004 | -- | $85,364 |
| 2003 | -- | $85,364 +5% |
| 2002 | -- | $81,299 |
| 2001 | -- | $81,299 +7% |
| 2000 | -- | $75,980 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 0.3 mi
- 6/10Marion High SchoolGrades: 9-12Distance: 0.7 mi
- NAStarry Elementary SchoolGrades: PK-2Distance: 0.4 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Linn County
- Marion
- 52302
- 815 5th Ave
Nearby cities
Nearby zip codes
Other Marion Topics
