275 5th Avenue, Marion, IA 52302

Marion
Local realty services provided by:Graf Real Estate ERA Powered
275 5th Avenue,Marion, IA 52302
$163,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: randon hill
Office: epique realty
MLS#:2600418
Source:IA_CRAAR

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Price summary

  • Price:$163,000

About this home

Listed 100K below assessed value and all it needs is some elbow grease and a little vision. A quick refresh and you could have yourself a great investment property. With booming downtown Marion a short walk away, the potential for this property is apparent. Fix up one unit, get it rented and work on the next to help cover holding costs. Both units mainly need flooring and paint and they could be ready to rock. Wanting to build something for yourself? Live in one of the units and rent out the other with everything metered separately which allows for smooth maintenance and transitioning between occupancy. Check it out today!

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Home facts

  • Year built:1978
  • Listing ID #:2600418
  • Added:81 day(s) ago
  • Updated:April 09, 2026 at 06:15 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Concrete, Full

Heating and cooling

  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Year built:1978
  • Construction Materials:Frame, Steel
  • Exterior Features:Deck, Patio

Schools

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

Utilities

  • Water:Public

Finances and disclosures

  • Price:$163,000
  • Tax amount:$3,301

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