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  • $120,000

    413 S Grove St, Marion, IN 46953

    3beds
    2baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1896
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Discover a rare opportunity to acquire a fully stabilized duplex in Marion, Indiana. This property is a testament to hands-on management and a strong local rental market, offering investors a reliable and consistent source of income from day one. Investment Highlights: 100% Occupancy: This duplex is currently fully leased with well-vetted tenants, eliminating the risks and costs associated with vacancies and tenant placement. Proven Income: With its history of stable occupancy and rent collection, this property provides a predictable cash flow, making it a low-stress addition to any investment portfolio. Ideal for Passive Investors: The stabilized nature of this duplex means you can step into a fully operational asset, minimizing the initial legwork and maximizing your returns. Turnkey Condition: Meticulously maintained and in excellent condition, this property requires minimal immediate capital expenditure, allowing you to focus on the returns. Robust Marion Market: Marion's real estate market is on the rise, with strong demand for rentals and a positive trend in property values. This investment is positioned for both immediate income and long-term appreciation.
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    Zillow last checked: 7 hours ago

    Listing updated: 14 hours ago

    Listing Provided by:

    Justin Lowe 765-401-1122,

    Ellsbury Commerical Group,

    David Orton 317-412-1572,

    Ellsbury Commerical Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22055403MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 413 S Grove St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Natural Gas

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 1,742.4 Square Feet
    Details
    • Parcel number: 270706302149000002

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1896

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Marion

    Financial & listing details

    • Tax assessed value: $18,000
    • Annual tax amount: $360
    • Date on market: 8/7/2025
    • Tenant pays: All Utilities
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