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!
For sale
Price cut: $28.5K (9/6)
$499,000
612 W 4th St, Marion, IN 46952
--beds
0baths
3,610sqft
Multi Family, Apartment
Built in 1900
-- sqft lot
$493,600 Zestimate®
$138/sqft
$-- HOA
What's special
New hvac mini-split systemsAll new kitchen appliances
- 101 days
- 109
- 5
Zillow last checked:
Listing updated:
Listed by:
Joan E. Hittinger,
Keller Williams Realty Service,
Blake Haag,
Keller Williams Realty Service
Source: MLS of Southeastern Indiana,MLS#: 207710
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: $138/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
$493,600
$469,000 - $518,000
$973/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2026 | Price change | $499,000-5.4%$138/sqft |
Source: MLS of Southeastern Indiana #207710 Report a problem | ||
| 7/15/2026 | Price change | $527,500-0.5%$146/sqft |
Source: MLS of Southeastern Indiana #207710 Report a problem | ||
| 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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Neighborhood: Garfield
Nearby schools
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.






