Jacob Joliet

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815 5th AvenueMarion, IA 52302

Multi-Family · 1,848 Sq. ft. | 0.17 Acres
$199,900 Active

815 5th Avenue Overview

Time on Site:
3 days
Visits:
8

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

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815 5th Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,848
  • Price/Sq.ft. $108
  • Lot 0.17 Acres

Details

General

School Information

  • Elementary School: Parkview
  • Middle Or Junior School: Vernon
  • High School: Marion

Building Information

  • Year Built: 1880

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: Marion
  • Postal City: Marion

Tax Information

  • Tax Annual Amount: 2258.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 14011-77004-00000
  • Pets Allowed: Yes
  • Property Sub Type: Multi Family
  • Property Type: Residential

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Living Area: 1848.0

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 7260 sf
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Frame,Vinyl Siding

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

815 5th Avenue Neighborhood

Community

52302 (Marion) Demographics

39
Median Age
562
Population Density (per sq. mile)
51%
College Educated
$74,630
Estimated Median Income
12,712
Estimated Total Home Owners
3,710
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

815 5th Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

815 5th Avenue Market Data

Based on the last 30 days in this zip code

$390,295
Average List Price
$173
Average Price per Square Foot
81
Properties Sold
72
Average Days on Market
257
Properties for Sale
Calculations provided by Reliance Network

815 5th Avenue History

Date Event Value Agent
6/26/2026Source: Cedar Rapids Area MLS Added to Database
June 26, 2026
Listing provided courtesy of Century 21 Signature Real Estate- MLS# 2604541MLS Provider