Section Image

Explore Similar Apartments Within 2 Miles of South Marion, IN

  • /26

    $135,000

    • 6 Beds
    • 3 Baths
    • 2,558 Sq Ft

    815 W 3rd St, Marion, IN 46952

    Looking for a solid investment property? This well-maintained triplex is fully rented and generating income from day one! Each of the three units offers steady cash flow, and the property includes a detached garage already metered and ready to be converted into a 4th rental unit—unlocking even more earning potential.

    Kylie Sonner Nicholson Realty 2.0 LLC

    815 W 3rd St, Marion, IN 46952
  • /11

    $75,000

    • 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

    $280,000

    • 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
  • /9

    $70,000

    • 3 Beds
    • 2 Baths
    • 4,788 Sq Ft

    917 S Miller Ave, Marion, IN 46953

    Amazing opportunities with this beautiful building !! Brick structure in excellent condition would be ideal to remodel into apartments or room for a very large family. 7 rooms on 1st floor, 7rooms on 2nd floor, 2 full baths, full basement. Property has 7 city lots included plus paved alley.

    Kayla Poling F.C. Tucker Realty Center

    917 S Miller Ave, Marion, IN 46953
  • /7

    $94,900

    • 4 Beds
    • 2 Baths
    • 1,740 Sq Ft

    617 W 5th St, Marion, IN 46953

    This duplex has 2 bedrooms on the main level and also on the upper units. Main level has laundry hook up. Per previous MLS Sheet, property has newer roof, furnace and guttering. There is 1 meter for gas, electric and water. Owner pays all utilities. Main level rent is $1000/monthly and part of the TBRA rental assistance program. And 2nd level unit is vacant (should rent for $850 to

    Linda Kitts Kitts Realty

    617 W 5th St, Marion, IN 46953
  • /21

    $159,900

    • 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 South Marion

South Marion is a neighborhood featuring narrow streets lined with historic Nationals from the early 1900s, bungalows, and Cape Cods. The homes, priced between $50,000 and $150,000, are generally in better condition than those closer to downtown. The area lacks park space, but residents can visit the nearby Marion Splash House for summer activities like a wave pool and lazy river. Matter Park, a short drive away, offers manicured butterfly and wildflower gardens, tennis and pickleball courts, and playgrounds. Western Avenue, on the neighborhood's western edge, is home to supermarkets like Aldi, Meijer, and Walmart, as well as dining options such as Casa Brava Authentic Mexican Cuisine and The Abbey Coffee Co, a popular spot for students. Annual events include the Marion Fall Festival at Matter Park and the Fly In Cruise In at Marion Municipal Airport. For transportation, residents can reach downtown Marion via Nebraska and Adams streets, 2.5 miles away, and Indianapolis International Airport is 80 miles south. Indiana Wesleyan University, a large private Christian university, is located nearby.

Home Trends in South Marion, IN

Housing Trends

Median Sale Price
$229,080
Median Single Family Sale Price
$63,000
Median Townhouse Sale Price
$229,080
Average Price Per Sq Ft
$160
Number of Homes for Sale
1
Last 12 months Home Sales
23
Months of Supply
0.50
Median List Price
$269,990
Median Change From 1st List Price
15%
How to Buy a Home How to Finance a Home How to Sell a Home