Marion, IN 46952 225 N E Street

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Presented By: Alexis Johnson with Nicholson Realty 2.0 LLC; Cell: 765-618-6367
  • MLS# 202523838
  • 06/21/2025
  • Get pre-approved
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  • Beds • 3
  • Full/Half Baths • 2 / 1
  • SQFT • 2,008

Home Details

Well-maintained duplex located in North Marion offering a great investment opportunity! Unit 1 features two bedrooms, one and a half bathrooms, a spacious living room, large kitchen, and a charming enclosed porch. This unit is currently leased through July 31, 2025, bringing in $850 per month. Tenant pays gas and electric. Please note, the appliances in Unit 1 do not remain, but an additional washer and dryer set located in the basement can be swapped out for the current set in the kitchen. Unit 2 comes fully furnished—from the Sleep Number bed down to the dishes—and everything remains. It is currently rented at $700 per month on a newly signed one-year lease. Unit 2 is total electric, and the owner pays the electric bill. Owner also pays water for both units. Additional features include a fenced-in backyard, basement for extra storage, and washer and dryer hookups in both units. Recent updates include fresh interior paint, roof and shed improvements, fence work, and updated landscaping. A solid duplex with great income potential!
Presented By: Alexis Johnson with Nicholson Realty 2.0 LLC; Cell: 765-618-6367

Interior Features for 225 N E Street

Bedrooms

Num. of 1 Bedrooms1
Num. of 2 Bedrooms1
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms1
Above Grade Bedrooms3
Beds3
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1.5
Unit 2-# of Bathrooms1
Below Grade Baths

Other Interior Features

Total Finished SqFt2008
Basement Y/NNo
Above Grade Finished SqFt2008
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Main Level SqFt2008
Num. of Efficiencies0
BasementCrawl, Partial Basement
Dishwasher(s)
Disposal(s)
Dryer(s)1
FlooringCarpet, Vinyl
Microwaves2
Ranges/Ovens2
Refrigerators2
Total Number of Units2
W/D Hookups2
Washers1

Other Rooms

Total Rooms Below Grade

General for 225 N E Street

Age125
Agent First NameAlexis
Agent Last NameJohnson
Annual Electric Expense1920
Annual Fuel Expense
Annual Insurance Expense1024
Annual Trash Expense
AreaGrant County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms3
CityMarion
ClassINVESTMENT
CoolingWindow
DOM10
Elementary SchoolRiverview/Justice
FIPS Code18053
FeaturesBasement, Ceiling Fan, Fenced Yard, Storage, Countertops-Laminate, Porch Enclosed, Water Heater Electric, Washer Hook-Up
Full Baths2
Half Baths1
HeatingBaseboard
High SchoolMarion
Legal Description16-09-2127.01 40' S/SD LOT 182 R J SPENCERS 3RD ADD
Middle SchoolMcCulloch/Justice
ModificationTimestamp2025-06-29T19:44:43.4
Net Income10822
New ConstructionNo
OwnerPaysElectric, Water
Pet Restrictions Y/NYes
REONo
Rent Income18600
School DistrictMarion Community Schools
SewerCity
StatusActive
StatusCont-AccptngBackupOffers
Status Detail1
Stories1
StyleOne and Half Story
SubdivisionNone
Tax Year954
Tenant PaysElectric, Heating
Total Sq Ft2008
TownshipCenter
TypeDuplex
Virtual TourClick here
Year Built1900

Exterior for 225 N E Street

Approx. Lot Size Acres0.06
Electric Meters2
ExteriorVinyl
Gas Meters1
Lot DescriptionCorner
Lot Dimensions40x66
Lot Size Area2614
Number of Parking Spaces0
OutbuildingNone
PoolNo
Water Meters1
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 $89,900
MLS#202523838
List Date 06/21/2025
Property Type Backup
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