Income generating triplex with office front located near downtown Marion and upcoming River Front District! All three (3) units are currently rented and the office is currently used for the owner's needs. Unit 1 is a nice two (2) bedroom apartment on the main level that brings in $600/month. Unit 2 is an efficiency located on the back side of the property currently rented for $210/week. Unit 3 is a large four (4) bedroom on the second level with a nice open deck and back entrance with stairs. Currently rented for $225/week. Unit 4 (office) provides 434sq. ft. of office and storage space and includes a half bath. Don't miss out on your chance to own a high-return investment property in a promising location with a very bright future!
Active
$125,000
122 W 2nd St, Marion, IN 46952
6beds
2,932sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Nice open deckBack entrance with stairsOffice and storage space
- 91 days
- on Zillow |
- 284 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: January 24, 2025 at 10:03am
Listed by:
Caleb E Oliver Cell:765-667-5362,
J Meyer Real Estate Services, Inc
Source: IRMLS,MLS#: 202502293

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air, Hot Water
Cooling
- None
Features
- Laminate Counters
- Flooring: Mixed, Wood
- Basement: Partially Finished,Block
Interior area
- Total structure area: 3,964
- Total interior livable area: 2,932 sqft
- Finished area above ground: 2,932
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 4,356 Square Feet
- Dimensions: 64x66
- Features: 0-2.9999
Details
- Additional structures: None
- Parcel number: 270706103110.000002
- Zoning description: Central Business
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Tax assessed value: $49,700
- Annual tax amount: $1,036
- Date on market: 1/24/2025
- Listing terms: Cash,Conventional
- Inclusions: Building
- Lease term: Weekly,Month To Month
- Total actual rent: 28080
- Tenant pays: None
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