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$99,900 -

3507 S Allegheny Avenue Marion IN 46953

3
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.16
Acres

Turnkey Cash Flowing Rental Fully Remodeled 1 Percent Rule No Deferred Maintenance Investor alert Welcome to 3507 S Allegheny Ave Marion IN 46953 a freshly remodeled turnkey rental property priced at 99,900 and renting for 1,300 per month putting this deal well above the 1 percent rule with immediate cash flow from day one This 3 bedroom 1 bathroom home has been fully renovated and is truly rent ready with no deferred maintenance The property features brand new all electric systems modern updates throughout and a 2 car garage making it highly attractive to tenants and easy to manage for investors The property is currently leased through October 2026 providing stable long term income and eliminating vacancy risk for the next owner Perfect for investors seeking predictable cash flow from day one With a strong GRM excellent rent to price ratio and turnkey condition this property checks every box investors search for when looking for cash flow rentals buy and hold investments and low maintenance income properties No rehab no surprises just steady income Investor Highlights Price 99,900 under 100K Monthly Rent 1,300 Lease in place through October 2026 Well above the 1 percent rule Strong GRM Turnkey rent ready Fully remodeled All electric new systems 2 car garage 3 bed 1 bath No maintenance needed Ideal buy and hold rental Perfect for investors seeking cash flow passive income and a move in ready rental to add to their portfolio in Marion

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Property Details

Price: $99,900 Previously: $99,900 Originally: $99,900 Bedrooms: 3 Bathrooms: 1.00 MLS #: 22079603 Year Built: 1952 Township: Center Sq. Ft Total: 1,008 Type: Residential Zip Code: 46953 City: Marion Subdivision: No Subdivision County: Grant School District: Marion Community Schools

Interior Features

Interior Features:
  • Appliances: Electric Oven, Refrigerator, Water Heater
  • Cooling: Central Air
  • Heating: Electric, Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.16

Listing Office: Re/max Real Estate Solutions

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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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 17th, 2026 at 8:28am EST.

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