535 8th Avenue
Marion, IA 52302

$154,900

  • 1,600
    Square Feet

Investor opportunity with major improvements completed! This well-maintained Marion up/down duplex features a 2BR/1BA lower unit and 1BR/1BA upper unit, both occupied by established month-to-month tenants. Recent improvements include a repaired/re-supported main structural support, updated deck stairs and rear handrail, secured A/C electrical box, newer roof, and a new sewer line scheduled for installation. The property has also passed its recent rental permit inspection. Most utilities are separately metered and tenant-paid, with tenants also handling lawn and snow care. Shared furnace is controlled by the lower unit. Conveniently located...read more near downtown Marion, this income-producing property offers immediate rental income with future value-add potential for its next owner.

Property Highlights

  • Cooling

    Central Air

  • Heating

    Forced Air, Gas, Hot Water

  • Taxes

    $2,077 Taxes

  • Water

    Public

  • Year Built

    Built in 1900

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