For sale

Price cut: $4.9K (7/10)

$530,000

612 W 4th St, Marion, IN 46952

--beds

0baths

3,610sqft

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Multi Family, Apartment

Built in 1900

-- sqft lot

$-- Zestimate^®

$147/sqft

$-- HOA

What's special

New hvac mini-split systemsAll new kitchen appliances

Exceptional investment opportunity in the heart of Marion, Indiana, the hometown of James Dean! This completely renovated 9-unit apartment building is ready to add to your portfolio & offers numerous recent improvements throughout! Featuring 5 one-bedroom/one-bath units & 4 efficiency units! Completely overhauled w/ new HVAC mini-split systems, water heaters, gutters, & separate utility infrastructure for management efficiency! Each unit comes furnished w/ all new kitchen appliances, making them attractive & move-in ready for tenants! An additional lot adjacent to the property provides the opportunity to create off-street parking, further enhancing the property's appeal! Conveniently located just minutes from Indiana Wesleyan University & only approximately 45 minutes from Kokomo, home to a thriving manufacturing sector w/ an abundance of employment opportunities! Looking to expand an existing portfolio or begin building one? Don't miss this rare opportunity!

26 days

228

6

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Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Varies by Unit, Electric

Cooling

Mini-Split, Ceiling Fan(s)

Appliances

Included: Other, Oven/Range, Refrigerator
Laundry: None

Features

Windows: Other, Double Hung, Vinyl
Basement: Partial
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,490
Total interior livable area: 3,610 sqft

Property

Parking

Parking features: On Street, No Garage
Has uncovered spaces: Yes

Features

Levels: Multi/Tri Level
Has view: Yes
View description: City, Other
Frontage length: 0

Lot

Size: 0.26 Acres
Features: Busline Near

Details

Parcel number: 270706301076000002

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional,Transitional
Property subtype: Multi Family, Apartment

Materials

Other, Vinyl Siding
Foundation: Block, Stone
Roof: Shingle,Membrane

Condition

Year built: 1900

Utilities & green energy

Gas: None
Sewer: Public Sewer
Water: Public
Utilities for property: None

Community & HOA

Community

Subdivision: Jamiesons Add

Location

Region: Marion

Financial & listing details

Price per square foot: $147/sqft
Tax assessed value: $103,600
Annual tax amount: $2,144
Date on market: 6/17/2026
Total actual rent: 0
Tenant pays: All Utilities
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$960/mo

Price history

Date	Event	Price
7/10/2026	Price change	$530,000-0.9%$147/sqft
Source: MLS of Southeastern Indiana #207710 Report a problem
6/29/2026	Price change	$534,9000%$148/sqft
Source: MLS of Southeastern Indiana #207710 Report a problem
6/17/2026	Listed for sale	$535,000$148/sqft
Source: MLS of Southeastern Indiana #207710 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,144 +526.9%	$103,600 -3.4%
2024	$342 +1.8%	$107,200 +526.9%
2023	$336 -48.5%	$17,100 +1.8%
2022	$652	$16,800 -48.5%
2021	$652	$32,600
2020	$652	$32,600
2019	$652	$32,600
2018	$652	$32,600
2017	$652	$32,600
2016	$652	$32,600
2014	$652 +30.4%	$32,600 +30.4%
2013	$500 +12%	$25,000
2012	$446 +52.9%	$25,000 +63.4%
2011	$292 -4.6%	$15,300
2010	$306 +6.5%	$15,300 -1.9%
2009	$287 -44.2%	$15,600
2007	$515	$15,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Garfield

Getting around

74 / 100

Very Walkable

45 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Riverview Elementary School
Grades: PK-4Distance: 0.9 mi
3/10
McCulloch Junior High School
Grades: 7-8Distance: 2.1 mi
3/10
Marion High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: Kendall Elementary
High: Marion High School
District: Marion Community

Source: MLS of Southeastern Indiana. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.