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Marion, IN Multifamily Homes & Duplexes for Sale

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  • /2

    $89,900

    • 5 Beds
    • 2 Baths
    • 2,708 Sq Ft

    1146 W 6th St, Marion, IN 46953

    This duplex is currently rented. Tenant pays Gas, Electric and the owner pays for the water. Each unit has 2 levels.

    Agent Photo

    Suzie Mack

    F.C. Tucker Realty Center

    (765) 345-4976

    1146 W 6th St, Marion, IN 46953
  • /36

    $54,900

    • 3 Beds
    • 2 Baths
    • 1,896 Sq Ft

    920 W 5th St, Marion, IN 46953

    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

    Jonah Hartsburg Hoosier Hub Realty LLC

    920 W 5th St, Marion, IN 46953
  • /13

    $74,900

    • 4 Beds
    • 2.5 Baths
    • 3,056 Sq Ft

    702 W 6th St, Marion, IN 46953

    Add this duplex to your portfolio today! Apt A rents for $575 a month, $575 deposit, and is month to month. Apt A has 2 beds and 1.5 Baths. Apt B rents for $550 a month, $550 deposit, and is month to month. Apt B has 2 bedrooms and 1 bath. Owner pays water and trash. Separated electric and gas meters. Each unit has access to a shared laundry area that is in the middle of the 2 units. Don't miss

    Heather Clemmons Starr Real Estate LLC

    702 W 6th St, Marion, IN 46953
  • /17

    $180,000

    • 2 Beds
    • 1.5 Baths
    • 2,880 Sq Ft

    1534 W 2nd St, Marion, IN 46952

    Perfect business opportunity! Located on a main road, this property offers excellent visibility and convenience with a full paved parking lot, plus additional parking across the street on an included lot measuring nearly half an acre. Upstairs, you’ll find a move-in-ready 1-bedroom apartment, ideal for rental income or owner occupancy. A versatile property with endless potential!

    Kayla Poling F.C. Tucker Realty Center

    1534 W 2nd St, Marion, IN 46952
  • /35

    $19,900

    • 4 Beds
    • 2 Baths
    • 2,176 Sq Ft

    2306 S Washington St, Marion, IN 46953

    This two-unit duplex features a 2-bedroom, 1-bathroom unit in each, offering solid square footage (approximately 2,176 sq ft total) and a layout that lends itself to creative renovation planning. The property will require a moderate level of work, from interior updates to system improvements, perfect for the investor looking to refresh a property with thoughtful improvements and unlock potential.

    Jonah Hartsburg Hoosier Hub Realty LLC

    2306 S Washington St, Marion, IN 46953
  • /34

    $294,900

    • 20 Beds
    • 10 Baths
    • 5,289 Sq Ft

    616 S Boots St, Marion, IN 46953

    616 S Boots St, is 2 buildings, 4 units. 400 SF building is 2 bedrooms and 2 story building is 3 units. Two 2 bedroom units and a 3 bedroom unit (2nd level and 2 bedrooms on 3rd level). Each pays own electric and owner pays gas heat and water/sewer/trash. All units have been fresh painted and newer vinyl floor covering. Also included in the sale, 624 S Boots St, is 6 units total. All are 2

    Linda Kitts Kitts Realty

    616 S Boots St, Marion, IN 46953
  • /4

    $120,000

    • 3 Beds
    • 2 Baths

    413 S Grove St, Marion, IN 46953

    Discover a rare opportunity to acquire a fully stabilized duplex in Marion, Indiana. This property is a testament to hands-on management and a strong local rental market, offering investors a reliable and consistent source of income from day one. Investment Highlights: 100% Occupancy: This duplex is currently fully leased with well-vetted tenants, eliminating the risks and costs associated with

    Justin Lowe Ellsbury Commerical Group

    413 S Grove St, Marion, IN 46953
  • /3

    $158,000

    • 4 Beds
    • 3 Baths

    3553 S Boots St, Marion, IN 46953

    Unlock your financial future with this exceptional, cash-flowing triplex in a thriving Marion, Indiana market. Perfect for seasoned investors looking to expand their portfolio or a first-time investor seeking a powerful house-hacking opportunity, this property is a turnkey solution for building wealth. Investment Highlights: Immediate Positive Cash Flow: This triplex is a rare find,

    Justin Lowe Ellsbury Commerical Group

    3553 S Boots St, Marion, IN 46953
  • /11

    $64,900

    • 3 Beds
    • 3 Baths
    • 1,985 Sq Ft

    215 W 7th St, Marion, IN 46953

    Great Investment Opportunity! This duplex has been vacant for over a year and is ready for your vision and updates. One side features 2 bedrooms and 2 full bathrooms, offering spacious living potential, while the other side includes 1 bedroom and 1 bathroom—perfect for a tenant or guest suite. Whether you're looking to renovate and rent both units or live in one and lease the other, this property

    Kayla Poling F.C. Tucker Realty Center

    215 W 7th St, Marion, IN 46953
  • /20

    $179,000

    • 6 Beds
    • 2 Baths

    1024 W 5th St, Marion, IN 46953

    Unlock the potential of this multi-unit property! This is an excellent chance for investor to acquire a property with strong income-generating possibilities. Property Highlights: - 3 Units generating currently $2500/month - Tenants pay all utilities expect water/sewer - Offer various unit sizes - High rental demand area

    Justin Lowe Ellsbury Commerical Group

    1024 W 5th St, Marion, IN 46953
  • /19

    $82,000

    • 3 Beds
    • 2 Baths
    • 1,424 Sq Ft

    624 N Washington St, Marion, IN 46952

    DUPLEX ! Great Investment ! Lots Of Storage Space And Built In Cabinet Space ! Beautiful Original Hardwood Floors Throughout The Home ! French Doors That Lead To A Great Size Dinning Room Or Could Be Used For An Office !! Upstairs Offers Vinyl Flooring With Built Ins Through Out ! Large Living Room Area !! With Some TLC This Could Be A Great Investment Opportunity !! Both units are rented !!

    Kayla Poling F.C. Tucker Realty Center

    624 N Washington St, Marion, IN 46952
  • /21

    $129,900

    • 1 Bed
    • 1 Bath

    2516 S Washington St, Marion, IN 46953

    Mark Jones PMI Midwest

    2516 S Washington St, Marion, IN 46953

Why Live in Marion

Marion, IN, is a town with a rich industrial history and a strong community spirit, home to nearly 30,000 residents. Once an industrial hub, Marion still hosts major employers like GM Marion, the university, and the hospital. The town has a vibrant local business scene supported by business incubators and entrepreneur networks. The Mississinewa Riverwalk, stretching over 2 miles, connects several parks, including Charles Mill Park and Fitness Center, and ends at Matter Park, the city’s oldest and largest park. Matter Park is a focal point for community events, such as the winter Walkway of Lights and the annual War of 1812 Reenactment. The Marion Municipal Airport hosts the Fly/In Cruise/In event every August, showcasing vintage aircraft and vehicles. Marion Community Schools offer diverse academic pathways, including an aviation program at Marion High School. The town also has a strong arts heritage, being the birthplace of James Dean and Jim Davis, creator of Garfield. Housing options range from historic Nationals near downtown to Cape Cods, ranch-style homes, and New Traditional and Colonial Revivals in Shady Hills. Downtown Marion features historic brick Italianate buildings with local restaurants and shops, while Western Avenue is lined with supermarkets and big box stores. Public transportation is available through the City of Marion Transit System, connecting residents to major employers and essential services.

Home Trends in Marion, IN

Housing Trends

Median Sale Price
$123,000
Median Single Family Sale Price
$115,000
Median Townhouse Sale Price
$65,000
Median 2 Bedroom Sale Price
$164,000
Average Price Per Sq Ft
$84
Number of Homes for Sale
65
Last 12 months Home Sales
327
Months of Supply
2.40
Median List Price
$124,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%
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