$5,047 Closing Credit¹
#2503703, Doris Ackerman, Listing office: KW Advantage
$86,000 List price
402 8th Ave Marion, IA 52302
$1,021
Closing credit¹
3 beds
2 full
1,252 sqft
0.2 acres
$69 / sqft
House
Property details
About 402 8th Ave
*Investor alert or first-time buyer opportunity!* Welcome to 402 8th Ave, Marion – a rare chance to build instant equity in a prime location. This 3 bed, 2 bath home offers incredible potential whether you're looking to renovate and rent or roll up your sleeves and make it your own. With a newer roof and an awesome backyard perfect for entertaining or relaxing, the bones are solid – it just needs your vision and a little elbow grease. Priced significantly below assessed and appraised value, you won’t find another deal like this in Marion. Opportunities like this are few and far between, especially in such a desirable area. Grab your tools and let’s go – the equity is waiting!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingWall/Window Unit(s)
Size1,252 sqft
BasementYes
Lot size0.188 Acres
Year built1900
ParkingDetached, Garage, Garage Door Opener
MLS #2503960
Garage1 space
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Gas Water Heater, Range, Refrigerator
- Basement: Yes
- Interior: Kitchen/Dining Combo, Main Level Primary, Jetted Tub
- Total Bedroom Count: 3
- Garage Space: 1 space
- Parking: Detached, Garage, Garage Door Opener
- Exterior: Fence
- Architectural Style: Two Story
- Heating: Forced Air, Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $86,000
- Price/SqFt: $68
- Annual Tax Amount: $2,286
- Tax Year: 2023
- Year Built: 1900
- Stories: 2
- Living Area: 1,252 SqFt
- Lot Size: 0.188 Acres
- MLS Number: 2503960
- MLS Name: CDR
- Office Name: Pinnacle Realty LLC
- Office Phone: (319) 393-0900
- Office Email: bfrink@pinnaclerealtyia.com
- Listing Agent: Rossi Babington
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 6:45:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$86,000
402 8th Ave
$1,021
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 29, 2020 | Home Sold | $69,000 |
| Jul 29, 2020 | Home Sold | $75,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $101,100 | $2,286 |
| 2021 | $102,700 | $2,208 |
| 2020 | $91,600 | $2,082 |
| 2018 | $85,100 | $1,528 |
History based on county public records data.
Nearby schools
5
Francis Marion Intermediate School
Public District 3-4
1.0 mi
•2301 3rd Ave
5
Novak Elementary
Public District EE-5
1.1 mi
•401 29th Ave
8
Bowman Woods Elementary
Public District KG-5
1.3 mi
•151 Boyson Rd NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,579. The most common annual income of people living in Marion, IA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
32%
<35k
50%
35k-100k
18%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
45%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Horse Races
Pro Boxing
Where do the neighbors shop?
Dillards
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Logan's Roadhouse
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Hyundai
Buick
Chevrolet
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Marion, IA
Marion's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns, facilitating commuting and travel. Public transit options are available, providing residents with alternatives to private vehicle use. The city also supports walkability and bikeability in several areas, with ongoing initiatives to improve these aspects of transportation. While specific ride-sharing services are operational in the area, residents also have access to traditional taxi services.
The community benefits from a solid educational system, with a number of public and private schools serving the area, alongside specialized institutions that cater to a range of educational needs. Healthcare services in Marion include primary care facilities and urgent care centers, ensuring residents have access to essential medical services. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options in Marion reflect the local culture, with a mix of independent shops and eateries alongside more familiar chains.
Marion is celebrated for its welcoming community spirit and family-friendly atmosphere. The city prides itself on a rich calendar of local events, including seasonal festivals and farmers' markets that highlight the area's agricultural roots and tight-knit community. The presence of parks and recreational areas contributes to the city's character, offering residents a blend of urban amenities and natural beauty.
Marion's housing market showcases a blend of residential styles, with single-family homes being a significant presence. The architectural styles range from classic mid-century designs to more contemporary constructions, reflecting the city's growth over the years. While the majority of the housing stock consists of owner-occupied residences, there is also a selection of apartments and townhouses that cater to those preferring a more communal living environment or a lower maintenance lifestyle.
About 402 8th Ave
The listing price of 402 8th Ave property is $86,000.
The property 402 8th Ave is a house located in Marion, Iowa, 52302.
Active Listing: 402 8th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 402 8th Ave are: Francis Marion Intermediate School (GreatSchools Rating 5/10), Novak Elementary (GreatSchools Rating 5/10), Bowman Woods Elementary (GreatSchools Rating 8/10), Vernon Middle School (GreatSchools Rating 2/10), Excelsior Middle School (GreatSchools Rating 6/10), Harding Middle School (GreatSchools Rating 7/10), Marion High School (GreatSchools Rating 6/10), Linn - Mar High School (GreatSchools Rating 4/10), Washington High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,286 (source: MLS/based on county public records data).
The last sale was on July 29, 2020 for $69,000 (source: MLS/tax record).
The property at 402 8th Ave has 3 bedrooms and 2 bathrooms.
The property 402 8th Ave is 1,252 SqFt (source: MLS/tax record).
The year of construction for 402 8th Ave is 1900.
This home is located at 402 8th Ave in Marion, IA and zip code 52302. This 1,252 square foot home, which was built in 1900, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $86,000.
Over 17 listings were sold over their listed price in May 2025 in Marion, IA. In the same period over 29 listings were sold below the listed price and 26 listings were sold for the listed price. The number of homes for sale in Marion, IA increased by 1.3% between April and May 2025. In May 2025 median list price was $279,900 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.