35,45,55 James Drive, Marion NC
- 39 Bed
- 0.5 ac
For Sale $2,500,000
Remarks:
Exceptional Multifamily Investment Opportunity in the Heart of Marion! Great location! This 24-unit apartment complex is in close Proximity of downtown Marion, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. With strong rental demand and excellent upside potential, this property offers an outstanding opportunity for investors looking to expand their portfolio or acquire a solid income-producing asset. The property is served by city water and city sewer, adding convenience and reliability for both ownership and tenants. Offering immediate cash flow with potential for increased returns through future improvements and rent optimization, this complex is positioned to benefit from Marion’s continued growth and demand for quality rental housing. Large multifamily properties like this rarely come to market. Whether you're seeking stable long-term income, portfolio diversification, or a value-add investment, this 24-unit complex presents a rare opportunity in a highly desirable location. Don't miss your chance to own this premier multifamily investment just steps from downtown Marion. Contact us today for additional information and financial details.
Exterior Features:
Other - See Remarks
Interior Features:
Other - See Remarks
General Information:
| List Price: | $2,500,000 |
| Status: | For Sale |
| Bedrooms: | 39 |
| Type: | Apartment |
| Parking: | Assigned |
| MLS Number: | CAR4382367 |
| Subdivision: | none |
| Lot Description: | Green Area, Views |
| Year Built: | 1929 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Marion |
| Middle: | East McDowell |
| High: | McDowell |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 06-13-2026 | Listed | $2,500,000 | N/A |
| 08-31-2025 | Under Contract | $315,000-3.08% | N/A |
| 08-07-2025 | Listed | $325,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 35,45,55 James Drive, Marion NC | 0 mi | $2,500,000 | days | |
| 9 Crescent Drive, Marion NC | 0.1 mi | $430,000 | days | |
| 141 Madison Street, Marion NC | 0.1 mi | $469,900 | days | |
| 212 Maple Avenue, Marion NC | 0.4 mi | $239,500 | days | |
| 77 Pulliam Street, Marion NC | 0.5 mi | $335,000 | days | |
| 75 Laurelwood Drive, Marion NC | 0.5 mi | $215,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
Powered by Google Maps
Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28752
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Realty Group 1 LLC
35,45,55 James Drive, Marion NC is a ft2 on a 0.546 acres lot. This is for $2,500,000. This has 39 bedrooms, baths, and was built in 1929.
Based on information submitted to the MLS GRID as of 2026-06-13 09:45:19 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
