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215 E 3Rd Street Marion, IN $ 2,500,000
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$ 2,500,000 Get more info
215 E 3Rd Street
$ 2,500,000
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215 E 3Rd Street

Marion, IN, 46952
$ 2,500,000
Bedrooms55 Baths24.0 Sq 7,053

Monthly Estimate*

$ 15,393

215 E 3Rd Street, Marion, IN 46952 - Image 1
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215 E 3Rd Street, Marion, IN 46952 - Image 9
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Multi-Family Home for sale in Marion, IN

for $2,500,000 with 55 bedrooms and 24 full baths. This 7,053 square foot home was built in 1904.

These historic apartments are full of unique features and right downtown in the epicenter of Marion. Conveniently located by the YMCA, delicious local restaurants and creative local small businesses in the Riverfront District, The Castle Apartments are perfect for anyone wanting to be in the center of the action. There are 11 - 2-bedrooms, 11 - 1-bedrooms, 1 Studio and 1 Office space. There are 4 - 1-bedrooms and 1 - 2-bedrooms furnished apartments in the building ready for extended stay or short-term rental. In the basement of the Castle Apartments there is room for bar/restaurant with a liquor license available.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

55

Full Bath

24

Property Type

Multi-Family

Taxes

$ 4,296

Style

Apartment Building

Year Built

1904

Town/City

Marion

County/Region

Grant

MLS | Web ID

202617624
Features
General
Heating Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 24
Half Baths 0
Bathrooms 24
Year Built 1904
New Construction No
Tenant Pays Cable
Subdivision None
Style Multi-Story (3+)
Stories Count 4
Township Center
Class INVESTMENT
Type Apartment Building
Age 122
Net Income -4296
Rent Income 0
Features Alarm System-Security Detector-Smoke Elevator Fire Sprinkler System
REO No
Status Detail 0
Area Grant County
High School Marion
City Marion
School District Marion Community Schools
HOA Fees $ 0
Total Sq Ft 7053
Elementary School Riverview
Middle School McCulloch
Legal Description 16-01-53 & 52 LOTS 5 & 6 O P BLK 10 MP 0706-401-037.000
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202617624
Agent First Name Derek
Agent Last Name Eisenberg
DOM 1
Tax Year 2026
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Exterior
Road Surface Asphalt
Exterior Brick
Pool No
Number of Parking Spaces 38
Lot Size Area 17424
Lot Dimensions 132X132
Lot Description Level
Outbuilding None
Waterfront Y/N No
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Interior
Basement Full Basement
Flooring Wood Tile
Beds 33
Total Number of Units 33
Microwaves 33
Refrigerators 33
Washers 0
Dryer(s) 0
Dishwasher(s) 33
Disposal(s) 33
Above Grade Bedrooms 33
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 33
W/D Hookups 2
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* Excluded Features
List By
Derek Eisenberg

Listing Agent

Continental Real Estate Group

Broker

propertyinquiry@continentalrealestate.com

Email

Affordability Calculator

$15,751
Per Month
98%
2%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5381146 Elementary School
5381147 Middle School
Marion High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/11/2026$2,500,000 Listed Price

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215 E 3Rd Street, Marion, IN, 46952 is a Multi-Family Home for sale at $2,500,000 with 7,053 sqft. 215 E 3Rd Street has 55 bedrooms, 24.0 baths, and was built in 1904. The property's zip code is 46952 which is in Marion, IN

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