Well-maintained duplex located in North Marion offering a great investment opportunity! Unit 1 features two bedrooms, one and a half bathrooms, a spacious living room, large kitchen, and a charming enclosed porch. This unit is currently leased through July 31, 2025, bringing in $850 per month. Tenant pays gas and electric. Please note, the appliances in Unit 1 do not remain, but an additional washer and dryer set located in the basement can be swapped out for the current set in the kitchen. Unit 2 comes fully furnished—from the Sleep Number bed down to the dishes—and everything remains. It is currently rented at $700 per month on a newly signed one-year lease. Unit 2 is total electric, and the owner pays the electric bill. Owner also pays water for both units. Additional features include a fenced-in backyard, basement for extra storage, and washer and dryer hookups in both units. Recent updates include fresh interior paint, roof and shed improvements, fence work, and updated landscaping. A solid duplex with great income potential!
Closed
$90,008
225 N E St, Marion, IN 46952
3beds
2,008sqft
Duplex
Built in 1900
-- sqft lot
$96,500 Zestimate®
$--/sqft
$985 Estimated rent
Home value
$96,500
$75,000 - $124,000
$985/mo
Zestimate® history
Owner options
List your home for rent
$985/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$985/mo
Rent Zestimate®
Refinance and save
$437/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$437/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Basement for extra storageFenced-in backyardCharming enclosed porchWasher and dryer hookupsLarge kitchen
Zillow last checked:
Listing updated:
Listed by:
Alexis Johnson Cell:765-618-6367,
Nicholson Realty 2.0 LLC
Bought with:
Susan Reese, RB14044043
F.C. Tucker Realty Center
Source: IRMLS,MLS#: 202523838
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Storage, Laminate Counters
- Flooring: Carpet, Vinyl
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 2,008
- Total interior livable area: 2,008 sqft
- Finished area above ground: 2,008
- Finished area below ground: 0
Property
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Enclosed
- Fencing: Fenced
Lot
- Size: 2,613 Square Feet
- Dimensions: 40x66
- Features: Corner Lot
Details
- Additional structures: None
- Additional parcels included: 0706203-066.000-16
- Parcel number: 270706203066.000002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Indiana Michigan Power
- Sewer: City
- Water: City, Marion Utilities
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Tax assessed value: $47,700
- Annual tax amount: $954
- Date on market: 6/21/2025
- Inclusions: Building, Land
- Lease term: 12 Months
- Total actual rent: 18600
- Tenant pays: Electricity, Heating
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2025 | Sold | $90,008+0.1% |
Source:  IRMLS #202523838 Report a problem | ||
| 7/25/2025 | Pending sale | $89,900 |
Source: IRMLS #202523838 Report a problem | ||
| 6/21/2025 | Listed for sale | $89,900 |
Source: IRMLS #202523838 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Martin Boots
Nearby homes
- $175,0005 bd2 ba3.2k sqft1005 W Spencer Ave, Marion, IN 46952Sold
- $178,7004 bd2 ba2.1k sqft1009 W Spencer Ave, Marion, IN 46952Off Market
- $65,3003 bd1 ba1.5k sqft221 N East St, Marion, IN 46952Off Market
- $200,0003 bd3 ba1.7k sqft927 W Spencer Ave, Marion, IN 46952Sold
- $196,3004 bd2 ba2.1k sqft1015 W Spencer Ave, Marion, IN 46952Off Market
- $81,5003 bd3 ba1.7k sqft212 N F St, Marion, IN 46952Off Market
- $245,1004 bd2 ba2.7k sqft915 W Spencer Ave, Marion, IN 46952Off Market
- $80,3003 bd-- ba1.6k sqft225 N East St, Marion, IN 46952Off Market
Nearby schools
GreatSchools rating
- 4/10Justice Intermediate SchoolGrades: 5-6Distance: 1.2 mi
- 3/10McCulloch Junior High SchoolGrades: 7-8Distance: 2.5 mi
- 3/10Marion High SchoolGrades: 9-12Distance: 1.6 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Marion Topics
