SoldFeb 9, 2026

Listed by Randon Hill

Bought with Bev Moser from COLDWELL BANKER HEDGES

Source: Cedar Rapids Area Association of REALTORS #2600418

275 5th Avenue, Marion, IA, 52302

$163,000

1976 sq. ft.
0.24 ac.

MultiFam

2 days on the market

Sold: Feb 9, 2026

What's around 275 5th Avenue

About this property

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!

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