315 N Adams Street Marion, IN $ 57,400
315 N Adams Street
$ 57,400
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315 N Adams Street

Marion, IN, 46952
$ 57,400
Bedrooms3 Baths2.0 Sq 1,844

Monthly Estimate*

$ 353

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Multi-Family Home for sale in Marion, IN

for $57,400 with 3 bedrooms and 2 full baths. This 1,844 square foot home was built in 1959.

Excellent investment opportunity with immediate rental income! This duplex offers approximately 1,844 square feet of living space and is situated on a desirable corner lot. The upper unit features 1 bedroom and 1 full bathroom and is currently tenant-occupied, generating $600 per month in rental income through 1/31/2027. The lower unit is vacant and offers 1 bedroom with the potential for a second bedroom with the addition of a closet, along with 1 full bathroom, making it ideal for an owner-occupant or an additional income-producing rental unit. Additional features include a detached 2-car garage, outdoor space, and the flexibility to maximize cash flow or offset living expenses. Whether you're looking to expand your investment portfolio or seeking a property that allows you to live in one unit while renting the other, this duplex presents a fantastic opportunity with built-in income potential.

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Multi-Family Active

Price

$ 57,400

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,795

Style

Traditional

Year Built

1959

Town/City

Marion

County/Region

Grant

MLS | Web ID

202623416

Features
General
Heating Gas Forced Air
Cooling None Wall AC
Sewer Public
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1959
Parking Garage Street
New Construction No
Tenant Pays Cable Electric Deposit Value
Subdivision None
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Duplex
Age 67
Net Income 3905
Rent Income 7200
Features Basement
REO No
Status Detail 0
Area Grant County
High School Marion
City Marion
School District Marion Community Schools
Architectural Style Traditional
Total Sq Ft 2244
Elementary School Riverview
Middle School McCulloch
Legal Description 16-04-835 LOT 8 SWAYZEES 2ND ADD MP 0706-101-149.000
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202623416
Agent First Name Robert
Agent Last Name Ping
DOM 0
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 1
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 1
Ranges/Ovens 1
W/D Hookups 0
Basement Material Block
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Exterior
Exterior Vinyl
Pool No
Number of Parking Spaces 4
Lot Size Area 8357
Lot Dimensions 61X137
Lot Description Corner Level
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Robert Ping

Listing Agent

Ping Realty, Llc

Broker

pingrealty1@gmail.com

Email

Affordability Calculator

$503
Per Month
70%
30%
0%
Monthly Principal & Interest
$353
Monthly Property Taxes
$150
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
Pricing History
DatePricePrice ChangeDescription
6/15/2026$57,400 Listed Price

Map


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315 N Adams Street, Marion, IN, 46952 is a Multi-Family Home for sale at $57,400 with 1,844 sqft. 315 N Adams Street has 3 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 46952 which is in Marion, IN