920 W 5th Street, Marion, IN 46953

Local realty services provided by:ERA Crossroads
920 W 5th Street,Marion, IN 46953
$49,500
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,896 sq. ft.
  • Multi-family
  • Active
Listed by: jonah hartsburgMain: 317-300-4688
Office: hoosier hub realty llc.
MLS#:202546146
Source:Indiana Regional MLS

Price summary

  • Price:$49,500
  • Price per sq. ft.:$20.89

About this home

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 utilities back with new leases. Additional features include a partial basement, backyard, and a detached garage. With ongoing investment activity throughout downtown Marion, this property presents a practical BRRRR-style opportunity with immediate income and clear value-add potential.

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Home facts

  • Year built:1902
  • Listing ID #:202546146
  • Added:90 day(s) ago
  • Updated:February 10, 2026 at 04:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,896 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Forced Air

Structure and exterior

  • Year built:1902
  • Building area:1,896 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:Marion
  • Middle school:McCulloch/Justice
  • Elementary school:Kendall/Justice

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$49,500
  • Price per sq. ft.:$20.89
  • Tax amount:$1,000
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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