$540,000
8.0 Units
MLS: 202505380
Great opportunity to purchase two side-by-side fourplexes in a convenient Marion location. 890 and 910 33rd Avenue offer a total of eight two-bedroom, one-bathroom units with approximately 700 square feet of living space per unit. These buildings provide a solid foundation for an investor looking to grow their portfolio or add value through unit updates and rent increases. Each property features off-street parking, on-site coin-operated laundry, and functional unit layouts with spacious living areas and natural light. Some units have been updated, while others offer the potential for cosmetic improvements to increase rental income. Located just minutes from Linn-Mar schools, parks, and Marion’s Uptown shopping and dining district, these properties benefit from strong local rental demand and easy access to major commuter routes.
MLS #: 202505380
Price: $540,000
Year Built: 1979
Income/Yr: $78,646.00
Expense/Yr: $0.00
Parking: Off Street
Basement: Sump Pump, Full
Total Sq Ft: 2528
Electric Expense: $1,304.00
Gas Annually: $3,412.00
Maint Expense: $0.00
Insurance Expense: $0.00
Gross Tax: $9,325.00
Units: 8.0
Laundry: In Basement, Main Level
Energy Generation:
Heat/Cooling: Other, Window Units
Elementary:
Middle:
High:
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Keller Williams Legacy Group - Agent: Josh Klindt - Information furnished by Iowa City Area Association of Realtors