315 N Adams Street, Marion, IN 46952
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: robert ping
Office: ping realty, llc.
MLS#:202623416
Source:Indiana Regional MLS
Price summary
- Price:$52,400
- Price per sq. ft.:$23.35
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:51 day(s) ago
- Updated:August 06, 2026 at 08:20 AM
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:$52,400
- Price per sq. ft.:$23.35
Parking
- Parking description:Garage Parking, Street Parking
- Garage spaces:1
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