920 W 5Th Street Marion, IN 46953

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Duplex • 123Y Old

$54,900

920 W 5Th Street

3 Bedrooms
2 Bathrooms
1896 sqft
0.13 Acres
Property Description

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.

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Map to 920 W 5Th Street, Marion, IN 46953

Property
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
Room Dimensions
Living Room 1 × 0 Level
4th Bedroom 2 × 2 Level
5th Bedroom 2 × 2 Level
Extra Room 1 × 2 Level
Bathroom Locations
Full Baths 3 Main
External Features
Construction Duplex
Lot Size 5,808 sq ft
Acreage 0.13 Acres
Lot Dimensions 44X132
Fence None
Location
Area Grant County
County Grant
Subdivision None
Township Center
City Marion
State IN
Zip 46953
Schools
School District Marion Community Schools
Elementary Kendall/Justice
Middle School McCulloch/Justice
High School Marion
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202546146
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

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.

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