415 W 38th Street Marion, IN $ 178,000
415 W 38th Street
$ 178,000
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415 W 38th Street

Marion, IN, 46953
$ 178,000
Bedrooms5 Baths2.0 Sq 1,750

Monthly Estimate*

$ 1,124

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Multi-Family Home for sale in Marion, IN

for $178,000 with 5 bedrooms and 2 full baths. This 1,750 square foot home was built in 1910.

Investment opportunity with versatility! This spacious duplex offers two separate living units, making it a great option for an investor or an owner-occupant looking to offset their mortgage with rental income. The property features a classic two-story exterior, separate entrances and generous living spaces. One unit offers a comfortable, established layout with a spacious living room, updated kitchen with white cabinetry and modern flooring, dining space, 3 bedrooms and full bath. The second unit has a bright, freshly updated feel with neutral finishes, newer-style flooring throughout, a kitchen with white cabinetry, updated countertops and backsplash, full bath and 2-3 generously sized rooms. Large windows throughout provide plenty of natural light. Outside, you'll find a sizable yard, covered porch areas and additional exterior space to enjoy. With two separate units under one roof, this property offers flexibility for rental income, multi-generational living, or living in one unit while renting the other.

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Multi-Family Active

Price

$ 178,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 936

Style

Duplex

Year Built

1910

Town/City

Marion

County/Region

Grant

MLS | Web ID

202635755

Features
General
Heating Electricity
Cooling Central Air Wall AC
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1910
New Construction No
Tenant Pays Other
Subdivision None
Style Two Story
Stories Count 2
Township Center
Class INVESTMENT
Type Duplex
Age 116
Net Income 20063.9
Rent Income 21000
Features Off Street Parking
REO No
Status Detail 0
Area Grant County
High School Marion
City Marion
School District Marion Community Schools
Total Sq Ft 1750
Elementary School Frances Slocum
Middle School McCulloch
Legal Description 16-31-8158 PT N W SEC 19; .20 A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635755
Agent First Name Kristine
Agent Last Name Miller
DOM 4
Tax Year 2025 pay 2026
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Interior
Basement Crawl
Flooring Laminate
Beds 5
Total Number of Units 2
Microwaves 0
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 0
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Exterior
Exterior Vinyl Wood
Pool No
Number of Parking Spaces 2
Lot Size Area 8712
Lot Dimensions 70 x 128
Lot Description Corner
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Kristine Miller

Listing Agent

Apple Tree Realty, Llc

Broker

kristinemillerproperties@gmail.com

Email

Affordability Calculator

$1,202
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,124
Monthly Property Taxes
$78
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5381262 Elementary School
5381147 Middle School
Marion High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$178,000 Listed Price

Map


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415 W 38th Street, Marion, IN, 46953 is a Multi-Family Home for sale at $178,000 with 1,750 sqft. 415 W 38th Street has 5 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 46953 which is in Marion, IN