Listed with Jonah Hartsburg, Hoosier Hub Realty LLC, Main: 317-300-4688

Price $52,500
Status Active
Beds 3
Baths 2 Baths
Home size 1,896 sqft
Lot Size 5,663 sqft
Days on Market 7
Up-and-down duplex in Marion, situated between the bypass and downtown. The lower unit is a 1-bedroom occupied by a long-term resident paying $600 per month plus electric and gas. The upper unit is a 2-bedroom that will need light turnover work before leasing. Electric and gas are separately metered, while the owner has been covering water, sewer, and trash, offering the opportunity to bill these utilities back with new leases. Additional features include a partial basement, backyard, and a detached garage. With ongoing investment activity throughout downtown Marion, this property presents a practical BRRRR-style opportunity with immediate income and clear value-add potential.
Property Type(s): Multi Family
Last Updated 12/10/2025 Tract None
Year Built 1902 County Grant

SCHOOLS

School District Marion Community Schools
Elementary School Kendall/Justice
Jr. High School McCulloch/Justice
High School Marion

Price History

Prior to Dec 10, '25 $54,900
Dec 10, '25 - Today $52,500

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Range, Refrigerator, Washer
BASEMENT Partial, Unfinished, Yes
CONSTRUCTION Wood Siding
HEAT Forced Air
LOT 5663 sq ft
LOT DIMENSIONS 44X132
SEWER Public Sewer
STORIES 2
STYLE Two Story
SUBDIVISION None
TAXES 1764
WATER Public
Listed with Jonah Hartsburg, Hoosier Hub Realty LLC, Main: 317-300-4688
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Last Updated On: 12/17/25 8:22 PM PST
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This IDX solution is (c) Diverse Solutions 2025.

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