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275 5th AVE Marion, IA 52302
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Key Details
Sold Price $163,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $82
MLS Listing ID 2600418
Sold Date 02/09/26
HOA Y/N No
Total Fin. Sqft 1976
Year Built 1978
Annual Tax Amount $3,301
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Multi Family
Property Description
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!
Location
State IA
County Linn
Area Marion
Rooms
Other Rooms Shed(s)
Basement Full, Concrete
Interior
Interior Features InteriorFeatures
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
Utilities Available Separate Meters
Water Access Desc Public
Porch Deck, Patio
Building
Foundation Poured
Sewer Public Sewer
Water Public
Additional Building Shed(s)
Structure Type Frame,Steel
Schools
Elementary Schools Parkview
Middle Schools Vernon
High Schools Marion
Others
Pets Allowed Yes
Tax ID 14011-55002-00000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Yes
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Bought with Realty87
NEARBY SCHOOLS & BUSINESSES
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