1621 6th Ave, Marion, IA 52302

$241,500

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List Price
$241,500
MLS#
2503532
Status
ACTIVE
County
Linn
City
Marion
Acres
1.12

Property Description

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.

Additional Information

Days on Market
486
High School
Marion

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Calculator source: Real Geeks

Listing courtesy of GLD COMMERCIAL.