Income Producing! Perfect Investor Opportunity! Three-unit investment property in the center of town. Just minutes from shopping, grocery, hospital and downtown. The main house consists of one unit downstairs with 3 bedroom and 1 bath. Upstairs unit consists of 1 bedroom and 1 bath. Each has their own separate entries. Unit 3 is separate carriage house/garage apartment. There is a nice size laundry room with the downstairs unit that could easily be accessible to all three units.
Closed
$80,000
705 W 2nd St, Marion, IN 46952
5beds
1,960sqft
Triplex
Built in 1939
-- sqft lot
$86,800 Zestimate®
$--/sqft
$695 Estimated rent
Home value
$86,800
$67,000 - $112,000
$695/mo
Zestimate® history
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$388/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joe Schroder Main:765-454-7300,
RE/MAX Realty One
Bought with:
Payton T Deeter, RB22001705
Terrell Realty Group, LLC
Source: IRMLS,MLS#: 202444460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air, Wall Furnace
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Ceiling-9+, Laminate Counters
- Flooring: Carpet, Vinyl
- Basement: Crawl Space,Partial,Block
Interior area
- Total structure area: 4,280
- Total interior livable area: 1,960 sqft
- Finished area above ground: 1,960
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, On Street
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Fencing: None
Lot
- Size: 5,793 sqft
- Dimensions: 44 X 132
- Features: Corner Lot, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 270706301012.000002
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Shingle Siding
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Electric: AEP/I&M
- Gas: CenterPoint Energy
- Sewer: City
- Water: City, Marion Utilities
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Marion
- Subdivision: White(s)
HOA & financial
Other financial information
- Total actual rent: 17662
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2025 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 5/18/2025 | Listed for rent | $900+38.5% |
Source: Zillow Rentals Report a problem | ||
| 3/25/2025 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 3/11/2025 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 3/6/2025 | Sold | $80,000-5.8% |
Source:  IRMLS #202444460 Report a problem | ||
| 2/3/2025 | Pending sale | $84,900 |
Source: IRMLS #202444460 Report a problem | ||
| 12/27/2024 | Listed for sale | $84,900 |
Source: IRMLS #202444460 Report a problem | ||
| 12/9/2024 | Pending sale | $84,900 |
Source: IRMLS #202444460 Report a problem | ||
| 11/16/2024 | Listed for sale | $84,900+188.7% |
Source: IRMLS #202444460 Report a problem | ||
| 2/22/2006 | Sold | $29,412-27.4%$15/sqft |
Source: Public Record Report a problem | ||
| 11/30/2001 | Sold | $40,500$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,156 -1.8% | $76,400 +32.2% |
| 2024 | $1,177 +3.3% | $57,800 +8.4% |
| 2023 | $1,139 +4.7% | $53,300 +3.3% |
| 2022 | $1,088 +4.5% | $51,600 +4.5% |
| 2021 | $1,041 +3.3% | $49,400 +4.4% |
| 2020 | $1,008 +2.2% | $47,300 +3.3% |
| 2019 | $986 +42.1% | $45,800 +2.2% |
| 2018 | $694 -15.6% | $44,800 +29.1% |
| 2017 | $822 -1.2% | $34,700 -15.6% |
| 2016 | $832 +1.7% | $41,100 +0.5% |
| 2014 | $818 -0.2% | $40,900 -0.2% |
| 2013 | $820 +16.6% | $41,000 +4.1% |
| 2012 | $704 -2.8% | $39,400 +4% |
| 2011 | $723 -4.6% | $37,900 |
| 2010 | $758 +5% | $37,900 -3.3% |
| 2009 | $722 -44.2% | $39,200 |
| 2007 | $1,294 | $39,200 -38.3% |
| 2006 | -- | $63,500 +6.2% |
| 2005 | -- | $59,800 |
Find assessor info on the county website
Neighborhood: Martin Boots
Nearby schools
GreatSchools rating
- 6/10Riverview Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 3/10McCulloch Junior High SchoolGrades: 7-8Distance: 2.2 mi
- 3/10Marion High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Kendall/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.
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- Indiana
- Grant County
- Marion
- 46952
- Martin Boots
- 705 W 2nd St
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