315 N Adams Street, Marion, IN 46952

Marion
Local realty services provided by:ERA Crossroads
315 N Adams Street,Marion, IN 46952
$48,400
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,844 sq. ft.
  • Multi-family
  • Active
Listed by: robert ping
Office: ping realty, llc.
MLS#:202623416
Source:Indiana Regional MLS

Price summary

  • Price:$48,400
  • Price per sq. ft.:$21.57

About this home

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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Home facts

  • Year built:1959
  • Subdivision & Development:None
  • Listing ID #:202623416
  • Added:58 day(s) ago
  • Updated:August 12, 2026 at 06:45 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate, Wood
  • Basement Description:Partial Basement, Unfinished
  • Living area:1,844 sq. ft.

Heating and cooling

  • Cooling:Wall AC
  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1959
  • Building area:1,844 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Corner, Level
  • Architectural Style:Traditional, Two Story
  • Construction Materials:Vinyl
  • Levels:2 Stories

Schools

  • High school:Marion
  • Middle school:McCulloch
  • Elementary school:Riverview

Utilities

  • Water:Public
  • Sewer:Public

Finances and disclosures

  • Price:$48,400
  • Price per sq. ft.:$21.57

Parking

  • Parking description:Garage Parking, Street Parking
  • Garage spaces:1
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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