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Property Detail

1621 6th Avenue, Marion, IA 52302

MLS Number: 2503532   |   Subtype: Land/Lot/Farm   |   Area: Marion
$ 241,500
1.12-acre development site located along 6th Avenue in Uptown Marion, zoned UTR-2 (Urban Transition Residential 2). Concept plans illustrate a 20-unit executive-level multifamily project featuring 2-bed/2-bath units with attached garages. Additional units may be feasible depending on final site configuration. Contact listing agent for details. Market analysis estimates housing demand from 2022-2030 as follows: • Market Rate Rentals Needed: 595 units; • Shallow - Subsidy: 306 units; • Deep - Subsidy: 48 units.

Property

  • County: Linn
  • Lot Size: 1.12 Ac
  • Acres: 1.1200
  • Gross tax: $2,702.00

Utilities

Utilities: Electricity Available, Natural Gas Available
Water Source: City Water
Road Surface: Paved
Sewer: City Sewer

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