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Off market
    • $146,500

    316 E 2nd St, Marion, IN 46952

    5beds
    2,989sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $146,500 Zestimate®
    $49/sqft
    $1,063 Estimated rent

    What's special

    Nice investment property, 3 units, have been remodeled. 2 units have basements, all units come fully equipped. Conveniently located in downtown Marion, close to Bus Route. Includes 1/4 vacant block for future development.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Washer/Dryer Hookups, Unit 1 Laundry Room(Other), Unit 2 Laundry Room(Basement), Unit 3 Laundry Room(Basement)
    Features
    • Walk-In Closet(s)
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Unfinished, Partial, Sump Pump, Unit 1 Basement, Unit 2 Basement, Unit 3 Basement
    • Attic: Pull Down Stairs
    Interior area
    • Total interior livable area: 2,989 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    Features
    • Entry location: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
    • Patio & porch: Deck, Patio Open
    • Exterior features: Stone, Brick
    Lot
    • Size: 0.40 Acres
    • Features: Corner Lot, City/Town/Suburb, Near Walking Trail

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial, Log, Other
    Materials
    • Roof: Other
    Condition
    • Year built: 1904

    Utilities & green energy

    • Electric: Wabash Valley Power Assoc
    • Gas: Vectren Energy
    • Sewer: City
    • Water: City, Marion Utilities
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Marion

    HOA & financial

    Other financial information
    • Total actual rent: 19920

    Other

    Other facts
    • Flooring: Carpet, Vinyl
    • Heating: Forced Air, Natural Gas
    • Roof: Rubber, Flat
    • Appliances: Dishwasher, Range/Oven, Refrigerator, Disposal, Dryer, Microwave, Washer, Electric Water Heater
    • Basement: Unfinished, Partial, Sump Pump, Unit 1 Basement, Unit 2 Basement, Unit 3 Basement
    • HeatingYN: true
    • Utilities: Cable Available
    • PatioAndPorchFeatures: Deck, Patio Open
    • CoolingYN: true
    • RoomsTotal: 11
    • NumberOfUnitsTotal: 3
    • TenantPays: Cable TV, Electricity, Sewer, Water, Heating, Deposit Value, Unit 1 Electric, Unit 2 Electric, Unit 3 Electric, Unit 1 Gas, Unit 2 Gas, Unit 3 Gas
    • ConstructionMaterials: Stone, Brick
    • LeaseTerm: 12 Months, Unit 1 Rent Frequency(Monthly), Unit 2 Rent Frequency(Monthly), Unit 3 Rent Frequency(Monthly)
    • LotFeatures: Corner Lot, City/Town/Suburb, Near Walking Trail
    • ArchitecturalStyle: Colonial, Log, Other
    • OwnerPays: Grounds Care, Insurance, Taxes, Snow Removal, Maintenance
    • NumberOfBuildings: 1
    • NumberOfUnitsLeased: 3
    • FarmLandAreaUnits: Square Feet
    • TrashExpense: 0
    • WaterSewerExpense: 0
    • RoadFrontageType: City Street
    • MaintenanceExpense: 0
    • Cooling: Central Air
    • OpenParkingYN: true
    • InteriorFeatures: Walk-In Closet(s)
    • ParkingFeatures: Other, Parking Lot, Concrete, Unit 2 Garage TypeNone), Unit 1 Garage TypeNone), Unit 3 Garage TypeNone)
    • SecurityFeatures: Smoke Detector(s)
    • BelowGradeFinishedArea: 0
    • Attic: Pull Down Stairs
    • ElectricExpense: 0
    • FuelExpense: 0
    • InsuranceExpense: 0
    • RoadSurfaceType: Asphalt
    • NumberOfSeparateElectricMeters: 3
    • NumberOfSeparateGasMeters: 3
    • WaterSource: City, Marion Utilities
    • NumberOfSeparateWaterMeters: 1
    • GrossIncome: 1660
    • OtherExpense: 0
    • LaundryFeatures: Washer/Dryer Hookups, Unit 1 Laundry Room(Other), Unit 2 Laundry Room(Basement), Unit 3 Laundry Room(Basement)
    • PetsAllowed: Pet Restrictions
    • Sewer: City
    • MlsStatus: Active
    • EntryLocation: Unit 1 Level(Main),Unit 2 Level(Main),Unit 3 Level(Main),Unit 4 Level(Main)
    • Gas: Vectren Energy
    • Electric: Wabash Valley Power Assoc
    • NetOperatingIncome: 18114
    • TotalActualRent: 19920
    • TaxAnnualAmount: 1806
    • ListPriceLow: 125900
    • Road surface type: Asphalt
    Services availability
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