535 8th Avenue

Off Market

535 8th Avenue

Marion IA 52302

1600 sq. ft.

0.17 ac.

Multi-Family

Last sold for $143,214

Stacey Dlouhy, last sold this property on 15 October 2026 after 236 days on market.

Overview

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 near downtown Marion, this income-producing property offers immediate rental income with future value-add potential for its next owner.

Features

3 carspaces

1600 sq. ft. floor area

0.17 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 535 8th Avenue is $175k.

Median value

$175k

Estimated value range

$77.5k - $375k

Median days on market

Estimated value trend

-17%

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 535 8th Avenue

2026

Sold

$143,214

15 Oct 2026 by Stacey Dlouhy, of Keller Williams Legacy Group

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, 9 multi families similar to 535 8th Avenue, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Marion for a market analysis.

Chassy Pollard

at Better Way Realty

(116 reviews)

Get a market analysis

Brent Votroubek

(69 reviews)

Get a market analysis

Brenda Neuendorf

at Pinnacle Realty LLC

(4 reviews)

Get a market analysis

Ronald Pollard

at Better Way Realty

(52 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Marion

Chassy Pollard

Sellers who recommend Chassy Pollard have praised them for being local expert, clear communication, responsive, reliable, well-prepared, supportive, and friendly

5 (116 reviews)
5 Reviews in Marion
9 Sales in Marion

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Brent Votroubek

Sellers who recommend Brent Votroubek have praised them for being responsive, local expert, clear communication, patient, trustworthy, dedicated, and well-prepared

5 (69 reviews)
2 Reviews in Marion
4 Sales in Marion

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Brenda Neuendorf

Brenda Neuendorf is a recommended agent for Marion. They have 3 local sales and collected 2 local reviews across the last 12 months.

5 (4 reviews)
2 Reviews in Marion
3 Sales in Marion

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Ronald Pollard

Sellers who recommend Ronald Pollard have praised them for being clear communication, responsive, local expert, patient, well-prepared, friendly, and supportive