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$120,000 -

413 S Grove Street Marion IN 46953

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.04
Acres

Discover a rare opportunity to acquire a fully stabilized duplex in Marion, Indiana. This property is a testament to hands-on management and a strong local rental market, offering investors a reliable and consistent source of income from day one. Investment Highlights: 100% Occupancy: This duplex is currently fully leased with well-vetted tenants, eliminating the risks and costs associated with vacancies and tenant placement. Proven Income: With its history of stable occupancy and rent collection, this property provides a predictable cash flow, making it a low-stress addition to any investment portfolio. Ideal for Passive Investors: The stabilized nature of this duplex means you can step into a fully operational asset, minimizing the initial legwork and maximizing your returns. Turnkey Condition: Meticulously maintained and in excellent condition, this property requires minimal immediate capital expenditure, allowing you to focus on the returns. Robust Marion Market: Marion's real estate market is on the rise, with strong demand for rentals and a positive trend in property values. This investment is positioned for both immediate income and long-term appreciation.

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Property Details

Price: $120,000 Previously: $120,000 Originally: $120,000 Bathrooms: 0.00 MLS #: 22055403 Year Built: 1896 Township: Center Type: Residential Income Zip Code: 46953 City: Marion Subdivision: No Subdivision County: Grant School District: Marion Community Schools

Interior Features

Interior Features:
  • Heating: Natural Gas

Exterior Features

Exterior Features:
  • # Acres: 0.04

Listing Office: Ellsbury Commerical Group

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 10th, 2025 at 7:25pm EDT.

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