3080 8th St, Marion, IA 52302
3080 8th St, Marion, IA 52302
3080 8th St, Marion, IA 52302
10
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$325,000
Est. payment /mo
3,360 SqFt
Pending

3080 8th St Marion, IA 52302

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $96

MLS Listing ID 2606614

HOA Y/N No

Total Fin. Sqft 3360

Year Built 1979

Annual Tax Amount $4,377

Lot Size 7,710 Sqft

Acres 0.177

Property Sub-Type Multi Family

Property Description

All units are under lease at $750/month to 7/25/27. An exceptional turn-key addition to your real estate portfolio. This fully leased, low-maintenance 4-plex in Cedar Rapids features four identical 2-bedroom, 1-bathroom units with a strong rental history. Over the last five years, the property has undergone extensive capital improvements, including new luxury vinyl plank (LVP) flooring across all units (fully upgraded in 1 unit; kitchens and baths in the remaining 3) and completely modernized heating and hot water boiler systems. Savvy investors will recognize immediate upside, as current rents sit noticeably below market rates. In a high-demand, low-inventory market, a stabilized asset of this caliber won't last long. Contact the listing agent today to capture this premier value-add opportunity. * * 10/14/26-10/28/26 Please contact Lisa Nolan, 319-551-3206, lisa.nolan@realestateconcepts.net. Thanks! * *

Location

State IA

County Linn

Area Marion

Rooms

Basement Concrete

Interior

Interior Features InteriorFeatures

Heating Hot Water

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Parking Space(s)

Water Access Desc Public

Total Parking Spaces 7

Building

Foundation Poured

Sewer Public Sewer

Water Public

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Novak

Middle Schools Excelsior

High Schools Linn Mar

Others

Tax ID 1125457902100000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2606614


Listed by RE/MAX CONCEPTS

NEARBY SCHOOL & BUSINESS

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Tim Scherbring

Tim Scherbring

Broker Associate License ID: 61218000

+1(319) 361-5111

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3080 8th St