Excellent investment opportunity in Marion! This large 3-unit multifamily property features three spacious 1-bedroom, 1-bath units, offering strong income potential for investors looking to expand their portfolio. The property has generous room sizes and a functional layout, making it attractive to future tenants. The building does need a new roof and some minor cosmetic updates, but the major opportunity is in the value-add potential. Whether you're looking to renovate and maximize rents or add another cash-flowing asset to your portfolio, this property is priced accordingly and ready for its next owner. Being sold as-is. Priced to sell fast--don't miss this opportunity!
Active
$79,900
204 W 20th St, Marion, IN 46953
3beds
--sqft
Triplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generous room sizesFunctional layout
- 37 days
- 142
- 5
Zillow last checked:
Listing updated:
Listed by:
Angela Manning,
Integrity Realty Partners 219-501-0404
Source: NIRA as distributed by MLS GRID,MLS#: 842685
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator
Features
- None
- Basement: Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 2,200
Property
Parking
- Parking features: Alley Access, Off Street, On Street
Features
- Levels: Two
- Patio & porch: Front Porch, Porch
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,865 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 270707402078000002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Fixer
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Available, Natural Gas Connected
Community & HOA
Community
- Subdivision: F S Mckinney
Location
- Region: Marion
Financial & listing details
- Tax assessed value: $64,700
- Annual tax amount: $656
- Date on market: 7/22/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,072/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $79,900 |
Source:  NIRA as distributed by MLS GRID #842685 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $882 +73.2% | $69,900 +8% |
| 2024 | $509 +5.5% | $64,700 -1.1% |
| 2023 | $483 +35.8% | $65,400 |
| 2022 | $356 +9.1% | $65,400 +31.6% |
| 2021 | $326 +6.1% | $49,700 -2% |
| 2020 | $307 +3.9% | $50,700 |
| 2019 | $296 +56.2% | $50,700 -4.5% |
| 2018 | $189 +11.8% | $53,100 +34.8% |
| 2017 | $169 -1.2% | $39,400 +2.6% |
| 2016 | $171 +1.6% | $38,400 -0.3% |
| 2014 | $169 +13.1% | $38,500 +1.3% |
| 2013 | $149 +19.7% | $38,000 -1% |
| 2012 | $125 +51.7% | $38,400 +36.7% |
| 2011 | $82 -5.8% | $28,100 |
| 2010 | $87 +13.6% | $28,100 -2.8% |
| 2009 | $77 -50.6% | $28,900 -14.5% |
| 2007 | $156 | $33,800 |
| 2006 | -- | $33,800 +21.1% |
| 2005 | -- | $27,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Center City
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