1080 9th Avenue, Marion, IA 52302

Marion
Local realty services provided by:Graf Real Estate ERA Powered
1080 9th Avenue,Marion, IA 52302
$375,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: cory rath
Office: skogman realty
MLS#:2603645
Source:IA_CRAAR

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Price summary

  • Price:$375,000

About this home

Rare opportunity describes this investment property located just two blocks North of Marion’s City Square and thriving downtown. Fully occupied, this property has a large commercial space and storefront on the main floor and three residential units on the top floor. The lower level includes on-site laundry, storage, and a half bath. The main floor commercial space currently houses Janna McCalley Interiors and has been almost entirely renovated into a stunning design studio and store. The second floor includes two, one bedroom, one bath units and a studio apartment. Rents are currently set at $750 per month each for the one bedroom units; $500 for the studio apartment; and $1,334 per month for the main floor commercial space. On-site laundry generates some additional income. The lower-level secure storage room is an opportunity for additional income as well and has been rented in the past. Parking is currently included in the rent. This building has been quite well-maintained and...

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Home facts

  • Year built:1968
  • Listing ID #:2603645
  • Added:65 day(s) ago
  • Updated:July 31, 2026 at 09:43 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Year built:1968
  • Construction Materials:Brick
  • Exterior Features:Fence

Schools

  • High school:Marion
  • Middle school:Vernon
  • Elementary school:Longfellow

Utilities

  • Water:Public

Finances and disclosures

  • Price:$375,000
  • Tax amount:$4,664

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