717 W 3rd Street Marion, IN $ 153,000
717 W 3rd Street
$ 153,000
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717 W 3rd Street

Marion, IN, 46952
$ 153,000
Bedrooms5 Baths3.1 Sq 2,236

Monthly Estimate*

$ 955

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Multi-Family Home for sale in Marion, IN

for $153,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,236 square foot home was built in 1900.

Back on market at no fault of the seller! 2 PROPERTIES, 1 PARCEL FOR A GREAT PRICE! Opportunity for investors to make immediate cash flow! 717 W 3rd and 312 Horace Mann MOTIVATED SELLER, BRING AN OFFER! Appraisal has been done and price is based on appraised value. This immediate cashflow property would be a great house hacking opportunity where the home owner could live in the middle unit and get rent income from the two studio apartments. The middle unit has 3 bed, 1.5 bath and has been remodeled with new flooring throughout, fresh paint, new kitchen, new half bath and some new windows. It has a large covered porch that would be great place to enjoy your morning coffee during the warmer months. There are no appliances in the vacant unit If rented out it is estimated that it could bring in $1,100.00 The two studios are rented out and rent and utilities are as follows: Both tenants pay $600 in rent Studio A tenant pays a flat water fee of $65.00 + $30 pet fee Studio C tenant pays a flat water fee of $65.00 The tenants pay their own electricity

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Multi-Family Pending

Price

$ 153,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 1,506

Style

Triplex

Year Built

1900

Town/City

Marion

County/Region

Grant

MLS | Web ID

202517289

Features
General
Heating Electricity
Cooling None
Sewer City
Status Pending Pending
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 1900
New Construction No
Tenant Pays Electric Heating Lawn Maintenance Snow Removal Trash Collection
Subdivision White(s)
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Triplex
Age 125
Net Income 7934
Rent Income 14400
Features Basement Off Street Parking Countertops-Laminate Detector-Carbon Monoxide Detector-Smoke Water Heater Electric Sump Pump Washer Hook-Up
REO No
Status Detail 0
Area Grant County
High School Marion
City Marion
School District Marion Community Schools
Total Sq Ft 2624
Elementary School Frances Slocum/Justice
Middle School McCulloch/Justice
Legal Description All but 2 ft off of the W side of the N 84.00 Ft of lot Number 71 in White's 5th add. to the city of Marion IN
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202517289
Agent First Name Knowe
Agent Last Name Dials
DOM 54
Tax Year 2024
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Interior
Basement Michigan Basement
Flooring Carpet Laminate Wood
Beds 5
Total Number of Units 3
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 5
Below Grade Baths 2
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 1
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Exterior
Exterior Wood
Pool No
Number of Parking Spaces 0
Lot Size Area 5351
Lot Dimensions 64x84
Lot Description Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Knowe Dials

Listing Agent

F.C. Tucker Fort Wayne

Broker

knowe.dials@talktotucker.com

Email

Affordability Calculator

$1,080
Per Month
88%
12%
0%
Monthly Principal & Interest
$955
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2193417 Elementary School
1444157 Middle School
Marion High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2025$139,900 Listed Price

Map


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717 W 3rd Street, Marion, IN, 46952 is a Multi-Family Home for sale at $153,000 with 2,236 sqft. 717 W 3rd Street has 5 bedrooms, 3.1 baths, and was built in 1900. The property's zip code is 46952 which is in Marion, IN