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.
Active
$120,000
413 S Grove St, Marion, IN 46953
3beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1896
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 7 hours
- on Zillow |
- 32 |
- 1 |
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#: 22055403

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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