$52,500

920 W 5Th Street, Marion, IN 46953

  • 3 beds |
  • 2 baths |
  • 2,370 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1902
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $22/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
November 14, 2025 at 06:00AM
Listing Office:
Hoosier Hub Realty LLC : 317-300-4688
Listing Agent:
Jonah Hartsburg : 812-221-1254
MLS ID:
202546146
  • Basement: Partial BasementUnfinished
  • Flooring: LaminateWood
  • A/C: Window
  • Heating: Forced Air
  • General: Wood
  • Style: Two Story
  • Other Structures: None
  • Parking: Parking spaces: 2
  • School District: Marion Community Schools
  • Zoning: 16-11-2558.01 & 2559.01 22' E/SD LOT 9 & 22' W/SD LOT 10 J THOMAS 3RD ADD MP 0706-302-156.00027-07-06-302-156.000-002

This listing courtesy of Jonah Hartsburg, Hoosier Hub Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Riverview Elementary School

513 W Buckingham Dr, Marion, IN, 46952

Grades PK-4

0.96 miles away

M

Marion Regional Career Center

750 W 26th St, Marion, IN, 46953

Grades PK-12

1.27 miles away

M

Marion High School

750 W 26th St, Marion, IN, 46953

Grades 9-12

1.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.