$164,999

585 5th Ave Marion, IA 52302

Estimated payment $1,074/month

Total Views 95
-- Bed
-- Bath
1,872 Sq Ft
$88 Price per Sq Ft

Highlights

  • Deck
  • Patio
  • Garage
  • Starry Elementary School Rated A-
  • Forced Air Heating System

About This Home

This home is located at 585 5th Ave, Marion, IA 52302 and is currently priced at $164,999, approximately $88 per square foot. This property was built in 1912. 585 5th Ave is a home located in Linn County with nearby schools including Starry Elementary School, Francis Marion Intermediate School, and Vernon Middle School.

Listing Agent

Merle Kopel

KOPEL REALTORS and CONSULTANTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1912

Lot Details

  • 6,490 Sq Ft Lot

Parking

  • Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Partial Basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Longfellow Elementary School
  • Vernon Middle School
  • Marion High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 140115300100000

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,809
  • Gross Income $32,160
  • Net Operating Income $21,351

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,838

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Zoning: Com
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.149
  • Co List Office Phone: 319-261-3333
  • MLS Status: Active
  • Directions: From I380 Blairs Ferry Rd exit, go E on Blairs Ferry to 7th Ave Marion intersection; take Lt to the E, then Rt on 1st St, take that to 5th Ave to 585 5th Ave
  • Year Built: 1912
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Type: Frame, Steel, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Parking Space(s)
  • Total Parking Spaces: 5.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Dimensions: .149 Acre
  • ResoLotSizeUnits: Acres
  • Parcel Number: 140115300100000
  • Zoning Description: Com
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 32160.0
  • Net Operating Income: 21351.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 10809.0

Tax Info

  • Tax Annual Amount: 1838.0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,838 $130,000 $28,400 $101,600
2022 $6,600 $82,600 $21,300 $61,300
2021 $2,092 $82,600 $21,300 $61,300
2020 $452 $74,600 $21,300 $53,300
2019 $2,136 $72,900 $21,300 $51,600
2018 $170 $72,900 $21,300 $51,600
2017 $2,220 $76,600 $19,600 $57,000
2016 $2,642 $76,600 $19,600 $57,000
2015 $2,740 $76,600 $19,600 $57,000
2014 $2,932 $74,400 $19,600 $54,800
2013 $2,868 $74,400 $19,600 $54,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $164,999 -- $88 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2502897

Cedar Rapids Area Association of REALTORS®

APN: 14011-53001-00000