Marion, IN Multifamily Homes & Duplexes for Sale

/2
$89,900
- 6 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.

Suzie Mack

F.C. Tucker Realty Center

(765) 345-4976

1146 W 6th St, Marion, IN 46953
Explore Marion
/34
$299,900
- 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
/3
$219,900
- 3 Beds
- 2.5 Baths
- 2,310 Sq Ft
1765 E Old Kokomo Rd, Marion, IN 46953

Welcome to your little slice of country charm! Tired of cookie cutter homes? This unique barn-style home offers the perfect blend of country and easy access to stores, banks and restaurants. Large living area and spacious kitchen with all appliances remaining. Enjoy piece of mind with a newly installed septic system, newer HVAC & tankless water heater. Oversized detached garage. The covered front

Tonya McCoy Moving Real Estate

1765 E Old Kokomo Rd, Marion, IN 46953
/21
$69,900
- 10 Beds
- 4 Baths
- 2,636 Sq Ft
613 W Spencer Ave, Marion, IN 46952

Handyman's Dream! This fourplex is bursting featuring three spacious 3-bedroom units and 1 cozy 1-bedroom unit. Bring your vision & your toolbox to breathe new life into this "solid bones" investment property. With the right touch, you'll unlock impressive cash flow and equity growth in a turn-key neighborhood. Don't miss out!

Gina Key The Hardie Group

613 W Spencer Ave, Marion, IN 46952
/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
/17
$175,000
- 5 Beds
- 3.5 Baths
- 2,236 Sq Ft
717 W 3rd St, Marion, IN 46952

Back on market at no fault of the seller! 2 PROPERTIES, 1 PARCEL FOR A GREAT PRICE! Opportunity for investors to make immediate cash flow! 717 W 3rd and 312 Horace Mann MOTIVATED SELLER, BRING AN OFFER! Appraisal has been done and price is based on appraised value. This immediate cashflow property would be a great house hacking opportunity where the home owner could live in the middle unit and

Knowe Dials F.C. Tucker Fort Wayne

717 W 3rd St, Marion, IN 46952
/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
$144,900
- 1 Bed
- 1 Bath
2516 S Washington St, Marion, IN 46953

Mark Jones PMI Midwest

2516 S Washington St, Marion, IN 46953

Indiana Grant County Marion

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.

Learn more about living in Marion

Home Trends in Marion, IN

On average, homes in Marion, IN sell after 49 days on the market compared to the national average of 52 days. The median sale price for homes in Marion, IN over the last 12 months is $120,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$120,000

Median Single Family Sale Price

$110,000

Median Townhouse Sale Price

$79,950

Median 2 Bedroom Sale Price

$167,450

Average Price Per Sq Ft

$82

Number of Homes for Sale

Last 12 months Home Sales

335

Months of Supply

1.90

Median List Price

$119,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Marion, there are currently 8 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $64,900 to $299,900, there's a range to accomodate every budget. As of September, 2025 the median home price in Marion is $119,900, while the average sale price is $130,341, offering insights into the local housing market. On average, multi-family homes spend 49 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Marion, IN.

Marion Types of Homes for Sale

Marion Homes for Sale

More About Living in Marion

Homes in Nearby Neighborhoods

Homes in Nearby Counties

Grant County Homes for Sale

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