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!
Closed
$100,000
122 W 2nd St, Marion, IN 46952
6beds
2,932sqft
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$1,864 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,864/mo
Zestimate® history
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$1,864/mo
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$1,864/mo
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$485/mo
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List your homeWhat's special
Nice open deckBack entrance with stairsOffice and storage space
Zillow last checked:
Listing updated:
Listed by:
Caleb E Oliver Cell:765-667-5362,
J Meyer Real Estate Services, Inc
Bought with:
Caleb E Oliver, RB22001981
J Meyer Real Estate Services, Inc
Source: IRMLS,MLS#: 202502293
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air, Hot Water
Cooling
- None
Features
- Laminate Counters
- Flooring: Mixed, Wood
- Basement: Partially Finished,Block
Interior area
- Total structure area: 3,530
- Total interior livable area: 2,932 sqft
- Finished area above ground: 2,932
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 4,356 sqft
- Dimensions: 64x66
- Features: 0-2.9999
Details
- Additional structures: None
- Parcel number: 270706103110.000002
- Zoning description: Central Business
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Marion
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 28080
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2025 | Sold | $100,000-20% |
Source:  IRMLS #202502293 Report a problem | ||
| 4/29/2025 | Pending sale | $125,000 |
Source: IRMLS #202502293 Report a problem | ||
| 1/24/2025 | Listed for sale | $125,000+177.8% |
Source: IRMLS #202502293 Report a problem | ||
| 8/6/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 5/21/2021 | Pending sale | $45,000$15/sqft |
Source: RE/MAX International #202017269 Report a problem | ||
| 5/21/2021 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 4/6/2021 | Pending sale | $45,000$15/sqft |
Source: RE/MAX International #202017269 Report a problem | ||
| 5/14/2020 | Listed for sale | $45,000$15/sqft |
Source: RE/MAX Realty One #202017269 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $994 -4.1% | -- |
| 2024 | $1,036 | $49,700 -4.1% |
| 2023 | $1,036 -9.8% | $51,800 |
| 2022 | $1,148 +9.8% | $51,800 -9.8% |
| 2021 | $1,046 | $57,400 +9.8% |
| 2020 | $1,046 +0.2% | $52,300 |
| 2019 | $1,044 -12.6% | $52,300 +0.2% |
| 2018 | $1,194 +0.5% | $52,200 -12.6% |
| 2017 | $1,188 +0.2% | $59,700 +0.5% |
| 2016 | $1,186 +1.2% | $59,400 +1.4% |
| 2014 | $1,172 +0.2% | $58,600 +0.2% |
| 2013 | $1,170 +12% | $58,500 |
| 2012 | $1,045 +0.8% | $58,500 +7.7% |
| 2011 | $1,036 -4.6% | $54,300 |
| 2010 | $1,086 +8.6% | $54,300 |
| 2009 | $1,000 | $54,300 |
Find assessor info on the county website
Neighborhood: Historic Marion
Nearby schools
GreatSchools rating
- 6/10Riverview Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 3/10McCulloch Junior High SchoolGrades: 7-8Distance: 2.3 mi
- 3/10Marion High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Riverview/Justice
- Middle: McCulloch/Justice
- High: Marion
- District: Marion Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Grant County
- Marion
- 46952
- Historic Marion
- 122 W 2nd St
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