1080 9th Ave, Marion, IA 52302
1080 9th Ave, Marion, IA 52302
1080 9th Ave, Marion, IA 52302
30
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$375,000
$375,000
Est. payment /mo
Sold on 07/31/2026

1080 9th Ave Marion, IA 52302

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Amir Elgaali
Amir Elgaali

Agent License ID: 66564000

+1(319) 855-0017

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Key Details

Sold Price $375,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Na

MLS Listing ID 202603443

Sold Date 07/31/26

Style Two Stories

HOA Y/N No

Year Built 1968

Annual Tax Amount $4,664

Tax Year 2024

Lot Dimensions Irr

Property Sub-Type Multi Family

Property Description

Rare opportunity describes this investment property located just two blocks North of Marion's City Square and thriving downtown. Fully occupied, this property has a large commercial space and storefront on the main floor and three residential units on the top floor. The lower level includes on-site laundry, storage, and a half bath. The main floor commercial space currently houses Janna McCalley Interiors and has been almost entirely renovated into a stunning design studio and store. The second floor includes two, one bedroom, one bath units and a studio apartment. Rents are currently set at $750 per month each for the one bedroom units; $500 for the studio apartment; and $1,334 per month for the main floor commercial space. On-site laundry generates some additional income. The lower-level secure storage room is an opportunity for additional income as well and has been rented in the past. Parking is currently included in the rent. This building has been quite well-maintained and improved by the current owners. More information available upon request.

Location

State IA

County Linn

Zoning Commercial

Direction From 10th St, east on 9th Ave

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Vinyl

Appliance Range Or Oven, Refrigerator

Laundry Laundry Room

Exterior

Parking Features Off Street

Community Features Close To School, Close To Shopping, Sidewalks

Utilities Available City Sewer, City Water

Total Parking Spaces 4

Building

Structure Type Brick

New Construction No

Schools

Elementary Schools Longfellow

Middle Schools Vernon

High Schools Marion

Others

Tax ID 15062-30007-00000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Skogman Realty Co.
Bought with GLD Commercial Real Estate Advisors

NEARBY SCHOOL & BUSINESS

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Amir Elgaali

Amir Elgaali

Agent License ID: 66564000

+1(319) 855-0017

Name
Phone*
Message

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1080 9th Ave