Back 3080 8th St
Off Market

3080 8th St

Marion IA 52302

7
3360 sq. ft.
0.18 ac.
Multi-Family
Last sold for $300,000
Steve McVaySteve McVay, last sold this property on 04 November 2026 after 42 days on market.

Overview

All units are under lease at $750/month to 7/25/27. An exceptional turn-key addition to your real estate portfolio. This fully leased, low-maintenance 4-plex in Cedar Rapids features four identical 2-bedroom, 1-bathroom units with a strong rental history. Over the last five years, the property has undergone extensive capital improvements, including new luxury vinyl plank (LVP) flooring across all units (fully upgraded in 1 unit; kitchens and baths in the remaining 3) and completely modernized heating and hot water boiler systems. Savvy investors will recognize immediate upside, as current rents sit noticeably below market rates. In a high-demand, low-inventory market, a stabilized asset of this caliber won't last long. Contact the listing agent today to capture this premier value-add opportunity. * * 10/14/26-10/28/26 Please contact Lisa Nolan, 319-551-3206, lisa.nolan@realestateconcepts.net. Thanks! * *

Features

7 carspaces
3360 sq. ft. floor area
0.18 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 3080 8th St is $180.1k.

Median value
$180.1k
Estimated value range
$77.5k - $375k
Median days on market
33
Estimated value trend
2%
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 3080 8th St

2026
Sold
$300,000
04 Nov 2026 by Steve McVay, of REMAX Concepts | Cedar Rapids
2018
Sold
$150,000
11 May 2018 by Carl Foster, of Iowa Realty

Happy sellers in Marion

89%
89% 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 9 reviews in Marion over the last 12 months.

Local market activity for multi families in Marion

In the last 12 months, 10 multi families similar to 3080 8th St, have been sold.

This represents a 11% decrease in multi families sales when compared to the previous 12 months.

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