For Sale $575,000
Investment Opportunity – Marion, NC 6-Unit Apartment Complex | City Water & Sewer | Prime Location Located in the heart of Marion, this 6-unit multifamily property offers a strong investment opportunity with steady rental demand and excellent accessibility. Key Highlights: 6 rental units – ideal for cash flow and portfolio growth City water & sewer – lower maintenance and utility management Convenient downtown location – walkable or short drive to local shops, dining, and services Strong rental market fundamentals in a growing small-town setting Tenants will enjoy proximity to everything downtown Marion has to offer, including restaurants, retail, and community amenities—making it an attractive and stable rental location.
| List Price: | $575,000 |
| Status: | For Sale |
| Bedrooms: | 7 |
| Type: | Sixplex |
| Parking: | Assigned, Driveway |
| MLS Number: | CAR4357169 |
| Style: | Traditional |
| Lot Description: | Other - See Remarks |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
| Elementary: | Eastfield |
| Middle: | East McDowell |
| High: | McDowell |
| Date | Event | Price | $/SQFT |
| 04-22-2026 | Listed | $575,000 | N/A |
| 07-07-2025 | Under Contract | $363,900 | N/A |
| 05-11-2025 | Listed | $363,900 | N/A |
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.
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 |
| 524 Baldwin Avenue, Marion NC | 0 mi | $575,000 | days | |
| 329 Morehead Road, Marion NC | 0.2 mi | $189,900 | days | |
| 116 Bostic Street, Marion NC | 0.4 mi | $324,999 | days | |
| 584 Rutherford Road, Marion NC | 0.7 mi | $420,000 | days | |
| 60 Greenwood Drive, Marion NC | 0.8 mi | $414,900 | days | |
| 300 Morgan Street, Marion NC | 0.9 mi | $899,000 | days |
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 |
Powered by Google Maps
| 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 |
|
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.
A Courtesy Listing Provided By Realty Group 1 LLC
524 Baldwin Avenue, Marion NC is a ft2 on a 0.400 acres lot. This is for $575,000. This has 7 bedrooms, baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2026-04-22 09:16:01 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.