3080 8th St
Marion, IA 52302

$325,000

  • 3,360
    Square Feet

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,...read more low-inventory market, a stabilized asset of this caliber wont last long. Contact the listing agent today to capture this premier value-add opportunity.

Property Highlights

  • Cooling

    Central Air

  • Heating

    Hot Water

  • Taxes

    $4,377 Taxes

  • Water

    Public

  • Year Built

    Built in 1979

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