Great investment opportunity. Twenty (20) apartments (one currently set up with plumbing for the laundromat). Each is living room/kitchen combo with refrigerator and electric range provided. Separate bedroom and bath in each unit. Typical rent is $100 weekly or $400 monthly. Five (5) units are currently on Section 8, HUD. Water/sewer and a trash dumpster are provided. Twenty (20) individual electric meters and tenant pays their own AEP charges (total electric). This brick building was built in 1974 and is privacy fenced. The asphalt parking lot (24 parking spaces) was resurfaced summer of 2016.
Off market
$450,100
337 N Butler Ave, Marion, IN 46952
20beds
9,680sqft
SingleFamily
Built in 1974
0.34 Acres Lot
$450,100 Zestimate®
$46/sqft
$1,158 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
- Full bathrooms: 20
Interior area
- Total interior livable area: 9,680 sqft
Property
Parking
- Total spaces: 24
Lot
- Size: 0.34 Acres
Details
- Parcel number: 270601103021.000008
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1974
Community & neighborhood
Location
- Region: Marion
Services availability

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