Back 275 5th Avenue
Off Market

275 5th Avenue

Marion IA 52302

1976 sq. ft.
0.24 ac.
Multi-Family
Last sold for $163,000
Randon HillRandon Hill, last sold this property on 09 February 2026 after 22 days on market.

Overview

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!

Features

1976 sq. ft. floor area
0.24 ac. lot size
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 275 5th Avenue is $180.1k.

Median value
$180.1k
Estimated value range
$163k - $490k
Median days on market
25
Estimated value trend
-10%
decrease 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 275 5th Avenue

2026
Sold
$163,000
09 Feb 2026 by Randon Hill, of Epique Realty

Happy sellers in Marion

60%
60% 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 7 reviews in Marion over the last 12 months.

Local market activity for multi families in Marion

In the last 12 months, 8 multi families similar to 275 5th Avenue, have been sold.

This represents a 23% increase in multi families sales when compared to the previous 12 months.

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