Back 1080 9th Avenue
Off Market

1080 9th Avenue

Marion IA 52302

4
Multi-Family
Last sold for $375,000
Cory RathCory Rath, last sold this property on 31 July 2026 after 64 days on market.

Overview

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 improved by the current owners. More information available upon request.

Features

4 carspaces
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Marion over the last 12 months, the estimated median property value of 1080 9th Avenue is $205.05k.

Median value
$205.05k
Estimated value range
$163k - $490k
Median days on market
17
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Marion. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1080 9th Avenue

2026
Sold
$375,000
31 Jul 2026 by Cory Rath, of Skogman Realty Co.
2021
Sold
$310,000
14 Sep 2021 by Larry Stevenson, of COLDWELL BANKER HEDGES

Happy sellers in Marion

65%
65% of sellers in Marion reported that their sale price either exceeded or met their price expectations.

Marion stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Marion over the last 12 months.

Local market activity for multi families in Marion

In the last 12 months, 7 multi families similar to 1080 9th Avenue, have been sold.

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