920 W 5Th Street Marion, IN $ 54,900
920 W 5Th Street
$ 54,900
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920 W 5Th Street

Marion, IN, 46953
$ 54,900
Bedrooms3 Baths2.0 Sq 1,896

Monthly Estimate*

$ 343

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Multi-Family Home for sale in Marion, IN

for $54,900 with 3 bedrooms and 2 full baths. This 1,896 square foot home was built in 1902.

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.

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Multi-Family Active

Price

$ 54,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,764

Style

Duplex

Year Built

1902

Town/City

Marion

County/Region

Grant

MLS | Web ID

202546146

Features
General
Heating Forced Air
Cooling Window
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1902
New Construction No
Tenant Pays Electric Fuel
Subdivision None
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Duplex
Age 123
Net Income 10076
Rent Income 15600
Features Basement Porch Enclosed Water Heater Gas
REO No
Status Detail 0
Area Grant County
High School Marion
City Marion
School District Marion Community Schools
Total Sq Ft 2370
Elementary School Kendall/Justice
Middle School McCulloch/Justice
Legal Description 16-11-2558.01 & 2559.01 22' E/SD LOT 9 & 22' W/SD LOT 10 J THOMAS 3RD ADD MP 0706-302-156.000
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202546146
Agent First Name Jonah
Agent Last Name Hartsburg
DOM 24
Tax Year 2025
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Interior
Basement Partial Basement Unfinished
Flooring Laminate Wood
Beds 3
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 1
Dryer(s) 1
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 2
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Exterior
Exterior Wood
Pool No
Number of Parking Spaces 2
Lot Size Area 5808
Lot Dimensions 44X132
Lot Description 0-2.9999
Water Meters 1
Electric Meters 2
Outbuilding None
Gas Meters 2
Waterfront Y/N No
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* Excluded Features
List By
Jonah Hartsburg

Listing Agent

Hoosier Hub Realty Llc

Broker

jonah@hoosierhubrealty.com

Email

Affordability Calculator

$490
Per Month
70%
30%
0%
Monthly Principal & Interest
$343
Monthly Property Taxes
$147
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
2193419 Elementary School
1444157 Middle School
Marion High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$54,900 Listed Price

Map


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920 W 5Th Street, Marion, IN, 46953 is a Multi-Family Home for sale at $54,900 with 1,896 sqft. 920 W 5Th Street has 3 bedrooms, 2.0 baths, and was built in 1902. The property's zip code is 46953 which is in Marion, IN