Marion, IN 46952 122 W 2nd Street

Pending
Presented By: Caleb Oliver with J Meyer Real Estate Services, Inc; Cell: 765-667-5362
  • MLS# 202502293
  • 01/24/2025
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  • Beds • 6
  • Full/Half Baths • 4 / 1
  • SQFT • 2,932

Home Details

Income generating triplex with office front located near downtown Marion and upcoming River Front District! All three (3) units are currently rented and the office is currently used for the owner's needs. Unit 1 is a nice two (2) bedroom apartment on the main level that brings in $600/month. Unit 2 is an efficiency located on the back side of the property currently rented for $210/week. Unit 3 is a large four (4) bedroom on the second level with a nice open deck and back entrance with stairs. Currently rented for $225/week. Unit 4 (office) provides 434sq. ft. of office and storage space and includes a half bath. Don't miss out on your chance to own a high-return investment property in a promising location with a very bright future!
Presented By: Caleb Oliver with J Meyer Real Estate Services, Inc; Cell: 765-667-5362

Interior Features for 122 W 2nd Street

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms1
Num. of 3 Bedrooms0
Num. of 4 Bedrooms1
Unit 1-# of Bedrooms2
Unit 3-# of Bedrooms4
Above Grade Bedrooms6
Beds6
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths

Other Interior Features

Unit 4 SqFt434
Total Finished SqFt2932
Basement Y/NYes
Above Grade Finished SqFt2932
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt598
Num. of Efficiencies1
BasementPartially Finished
Basement MaterialBlock
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringMixed, Wood
Microwaves
Ranges/Ovens3
Refrigerators3
Total Number of Units4
W/D Hookups
Washers

Other Rooms

Total Rooms Below Grade

General for 122 W 2nd Street

# of Buildings1
Age125
Agent First NameCaleb
Agent Last NameOliver
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
AreaGrant County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms5
CityMarion
ClassINVESTMENT
CoolingNone
DOM94
Elementary SchoolRiverview/Justice
FIPS Code18053
FeaturesCountertops-Laminate, Deck Open
Full Baths4
Half Baths1
HeatingForced Air, Hot Water
High SchoolMarion
Inside City LimitsYes
Legal Description16-01-29.01 64' W/END LOT 8 BLK 5
Middle SchoolMcCulloch/Justice
Net Income27044
New ConstructionNo
OwnerPaysElectric, Heating, Sewer, Trash Collection, Water
Pet Restrictions Y/NNo
REONo
Rent Income28080
School DistrictMarion Community Schools
SewerCity
StatusPending
StatusPending
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year2024
Tenant PaysNone
Total Sq Ft3530
TownshipCenter
TypeTriplex
Year Built1900
Zoning DescriptionCentral Business

Exterior for 122 W 2nd Street

Approx. Lot Size Acres0.1
Electric Meters5
ExteriorWood
Lot Description0-2.9999
Lot Dimensions64x66
Lot Size Area4356
Number of Parking Spaces6
OutbuildingNone
PoolNo
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Marion High School
Middle School McCulloch/Justice Middle School
Elementary School Riverview/Justice Elementary School

Ryan Orr

Associate
Price $125,000
MLS#202502293
List Date 01/24/2025
Property Type Pending
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