Multi Family Investment Properties for Sale in Marion, IA


401- - Bed
- - Bath
- 1976 sft


289- - Bed
- - Bath
- 1472 sft


310- - Bed
- - Bath
- 2044 sft


424- - Bed
- - Bath
- 1951 sft
Why Invest in Marion, Iowa?
Marion, Iowa presents a compelling opportunity for multi-family real estate investors seeking steady returns in a stabilizing Midwest market. The city's rental market shows consistent demand with an average rent of $1,098 per unit, significantly below the national average of $2,007, creating strong cash flow potential. With median home values around $263,000 and year-over-year appreciation of 2.2-2.5%, multi-family properties benefit from affordable acquisition costs and predictable tenant bases. The market's shift toward increased inventory and longer holding periods suggests favorable conditions for value-add strategies and portfolio expansion in early 2026.
Frequently Asked Questions
Multi-family properties in Marion typically generate $400-450 monthly cash flow per unit, driven by average rents of $1,098 against acquisition costs averaging $263,000-$284,000. Strong cash flow results from below-national-average rents combined with moderate operating expenses in the Midwest market.
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