$54,900
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.
Please reference GPS
| MLS # | 202546146 |
|---|---|
| Date Listed | 2025-11-14 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Duplex |
| Finished Square Feet | 1896 sqft |
| Total Square Feet | 2370 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Duplex |
| Basement | Yes |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Annual Taxes | $1,000.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1902 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 16 |
| Living Room | 1 × 0 | Level |
| 4th Bedroom | 2 × 2 | Level |
| 5th Bedroom | 2 × 2 | Level |
| Extra Room | 1 × 2 | Level |
| Full Baths | 3 Main |
| Construction | Duplex |
|---|---|
| Lot Size | 5,808 sq ft |
| Acreage | 0.13 Acres |
| Lot Dimensions | 44X132 |
| Fence | None |
| Area | Grant County |
|---|---|
| County | Grant |
| Subdivision | None |
| Township | Center |
| City | Marion |
| State | IN |
| Zip | 46953 |
| School District | Marion Community Schools |
|---|---|
| Elementary | Kendall/Justice |
| Middle School | McCulloch/Justice |
| High School | Marion |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202546146
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and 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.
Listing Provided Courtesy of Jonah Hartsburg
Hoosier Hub Realty LLC
Main: 317-300-4688
Listing updated November 25, 2025 at 10:32 pm
Last checked 15 minutes ago