Excellent investment opportunity with immediate rental income! This duplex offers approximately 1,844 square feet of living space and is situated on a desirable corner lot. The upper unit features 1 bedroom and 1 full bathroom and is currently tenant-occupied, generating $600 per month in rental income through 1/31/2027. The lower unit is vacant and offers 1 bedroom with the potential for a second bedroom with the addition of a closet, along with 1 full bathroom, making it ideal for an owner-occupant or an additional income-producing rental unit. Additional features include a detached 2-car garage, outdoor space, and the flexibility to maximize cash flow or offset living expenses. Whether you're looking to expand your investment portfolio or seeking a property that allows you to live in one unit while renting the other, this duplex presents a fantastic opportunity with built-in income potential.
Active
Price cut: $2K (7/14)
$52,400
315 N Adams St, Marion, IN 46952
3beds
1,844sqft
Duplex
Built in 1959
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 29 days |
- 651 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Robert Ping 317-332-8726,
Ping Realty, LLC
Source: IRMLS,MLS#: 202623416
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Wall Unit(s), None
Features
- Flooring: Laminate, Wood
- Basement: Partial,Unfinished,Block
Interior area
- Total structure area: 2,244
- Total interior livable area: 1,844 sqft
- Finished area above ground: 1,844
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 Square Feet
- Dimensions: 61X137
- Features: Corner Lot, Level
Details
- Additional structures: None
- Parcel number: 270706101149.000002
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Tax assessed value: $73,500
- Annual tax amount: $1,795
- Date on market: 6/15/2026
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Lease term: 12 Months
- Total actual rent: 7200
- Tenant pays: Cable TV, Electricity, Deposit Value
Estimated market value
Not available
Estimated sales range
Not available
$1,063/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $52,400-3.7% |
Source:  IRMLS #202623416 Report a problem | ||
| 6/30/2026 | Price change | $54,400-5.2% |
Source: IRMLS #202623416 Report a problem | ||
| 6/15/2026 | Listed for sale | $57,400+285.2% |
Source: IRMLS #202623416 Report a problem | ||
| 12/10/2020 | Sold | $14,900$8/sqft |
Source: Agent Provided Report a problem | ||
| 11/19/2020 | Price change | $14,900-50.2%$8/sqft |
Source: Nicholson Realty - Marion Branch #202043037 Report a problem | ||
| 10/23/2020 | Listed for sale | $29,900$16/sqft |
Source: Nicholson Realty - Marion Branch #202043037 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,636 +5.7% | $73,500 -10.1% |
| 2024 | $1,548 +10.6% | $81,800 +5.7% |
| 2023 | $1,400 +12.4% | $77,400 +10.6% |
| 2022 | $1,246 | $70,000 +12.4% |
| 2021 | -- | $62,300 -3.4% |
| 2020 | -- | $64,500 +8% |
| 2019 | -- | $59,700 |
| 2018 | -- | $59,700 +1% |
| 2017 | -- | $59,100 +11.3% |
| 2016 | -- | $53,100 +1.5% |
| 2014 | -- | $52,300 -0.9% |
| 2013 | -- | $52,800 +6% |
| 2012 | -- | $49,800 +28.7% |
| 2011 | -- | $38,700 |
| 2010 | -- | $38,700 -0.5% |
| 2009 | $172 +110.2% | $38,900 -1.8% |
| 2007 | $82 | $39,600 |
| 2006 | -- | $39,600 -23.6% |
| 2005 | -- | $51,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Bend of the River
Nearby schools
GreatSchools rating
- 6/10Riverview Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 3/10McCulloch Junior High SchoolGrades: 7-8Distance: 2.6 mi
- 3/10Marion High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Riverview
- Middle: McCulloch
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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