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815 5th Avenue , Marion, IA 52302.
Investment Opportunity! Well-maintained duplex offering strong rental potential with numerous recent updates. The spacious main-level unit features 2 bedrooms, a formal dining room, cozy living room, large kitchen, full bathroom, and abundant natural light throughout. The upper-level unit offers 1 bedroom, 1 bathroom, an eat-in kitchen, and a comfortable living room?ideal for tenants seeking an efficient, inviting space. Major improvements provide peace of mind, including new fascia, soffit, and gutters (2020), new siding (June 2026), and updated garage doors (2024 & 2026). The main-level hardwood floors were beautifully refinished in 2023, while the upper-level kitchen and living room were remodeled in 2020, adding modern appeal. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this move-in-ready duplex is an excellent opportunity. This version emphasizes the income potential, recent improvements, and livability while keeping the description concise and appealing to prospective buyers. * some photos are virtually staged
MLS ID: 2604541
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815 5th Avenue , Marion, IA 52302.

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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $199,900 | $199,900 | $199,900 |
| Down Payment | $39,980 | $6,997 | $49,975 |
| Monthly Mortgage Amount | $972 | $1,193 | $1,235 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,350 | $1,659 | $1,613 |
Full of history, Marion, IA is in the top ten of places to raise families. The city is located on the Northeast border of Cedar Rapids and offers all the amenities of big city living while still being a great place to raise a family. Marion, Iowa is one of the youngest cities per capita in the Midwest with its 36,000 residents.
Its Parks and Recreation Department maintains over 600 acres of public ground with a combined total of 41 parks and green spaces. These facilities are used year-round with fun, family-friendly events. Check out music on City Square, the May Arts festival, or the Fall Into Marion festival.
If you’re looking to relocate, Ruhl&Ruhl Realtors has plenty of homes for sale in Marion, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marion and if you need to do a little more research before buying, check out the pages below for additional options:
Marion is located outside of Cedar Rapids. View homes for sale in the Cedar Rapids area for more real estate options.
Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776
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