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Off market
  • $120,800

    2516 S Washington St, Marion, IN 46953

    3beds
    3,168sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $120,800 Zestimate®
    $38/sqft
    $978 Estimated rent

    Home value

    $120,800

    $98,000 - $147,000

    $978/mo

    Zestimate® history
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    Owner options

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    $978/mo

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    $978/mo

    Rent Zestimate®

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    $586/mo

    Est. payment

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    $586/mo

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    What's special

    Double lotBrick beautyNew wiringLarge storage area

    "Investment Opportunity!!! Huge Tri-plex in the heart of Marion. This brick beauty sitting on a Double Lot is waiting for you! First floor common area accompanies two studio apartments. The second floor is equipped with one studio apartment along with a large storage area that has potential for a fourth apartment! Original oversized wooden doors adorn each entry. All new wiring in apartment A & B and all electrical panels for the building have been updated along with a new digital meter. PEX Plumbing for the main water line. Newer 40 gallon water heaters in apartments A & B. New carpet and flooring throughout apartment B. Seller is selling AS-IS. Time is of the essence.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other
    Features
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 3,168 sqft

    Property

    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 270707403159000002

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    • Foundation: Crawl/Raised
    • Roof: Other
    Condition
    • Year built: 1890

    Community & HOA

    Location
    • Region: Marion

    Financial & listing details

    • Price per square foot: $38/sqft
    • Tax assessed value: $95,500
    • Annual tax amount: $1,738

    Price history

    DateEventPrice
    12/25/2025Listing removed$129,900$41/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    11/11/2025Price change$129,900-3.7%$41/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    10/30/2025Price change$134,900-3.6%$43/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    10/7/2025Price change$139,900-3.5%$44/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    9/10/2025Price change$144,900-3.3%$46/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    8/19/2025Price change$149,900-3.2%$47/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    8/5/2025Price change$154,900-3.1%$49/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    6/27/2025Listed for sale$159,900+166.5%$50/sqft
    Source: MIBOR as distributed by MLS GRID #22047553 Report a problem
    8/31/2022Sold$60,000-7.6%$19/sqft
    Source: Agent Provided Report a problem
    8/15/2022Pending sale$64,900$20/sqft
    Source: RE/MAX International #202231801 Report a problem
    8/1/2022Listed for sale$64,900$20/sqft
    Source: RE/MAX International #202231801 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,738 -0.7%$95,500 +9.9%
    2024$1,750 +44.2%$86,900 -0.7%
    2023$1,214 +58.4%$87,500
    2022$766 +2.2%$87,500 +57.9%
    2021$750 +2.1%$55,400 -1.9%
    2020$734 -51.7%$56,500
    2019$1,521 +102.5%$56,500 -4.1%
    2018$751 +838%$58,900 +3.7%
    2017$80 -68.7%$56,800 +347.2%
    2016$256 $12,700
    2014-- --
    2013-- --
    2012-- --
    2011-- $51,700
    2010$1,034 +7.2%$51,700 -1.3%
    2009$965 -49.9%$52,400 -10.1%
    2007$1,925 $58,300
    Find assessor info on the county website

    Neighborhood: Center City

    Nearby schools

    GreatSchools rating
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