$1,484

closing credit¹

122 W 2nd St Marion, IN 46952

$125,000
0.10 acres
Multi-Family

Property details

About 122 W 2nd St

Income generating triplex with office front located near downtown Marion and upcoming River Front District! All three (3) units are currently rented and the office is currently used for the owner's needs. Unit 1 is a nice two (2) bedroom apartment on the main level that brings in $600/month. Unit 2 is an efficiency located on the back side of the property currently rented for $210/week. Unit 3 is a large four (4) bedroom on the second level with a nice open deck and back entrance with stairs. Currently rented for $225/week. Unit 4 (office) provides 434sq. ft. of office and storage space and includes a half bath. Don't miss out on your chance to own a high-return investment property in a promising location with a very bright future!

Highlights

Home typeTriplex
HeatingForced Air, Hot Water
StatusActive
Lot size0.1 Acres
Year built1900
MLS #202502293

Summary

  • MLS Number: 202502293
  • Office Name: J Meyer Real Estate Services, Inc
  • Office Phone: (765) 667-5362
  • Listing Agent: Caleb Oliver

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of snow covered property

$125,000

122 W 2nd St

$1,484

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$51,800$1,036
2022$51,800$1,036
2021$57,400$1,046
2020$52,300$1,046
2019$52,300$1,194
2017$59,700$1,194

History based on county public records data.

Nearby schools

6

Riverview Elementary School

Public District PK-4

0.7 mi

513 W Buckingham Dr

6

Allen Elementary School

Public District PK-4

1.2 mi

1115 E Bradford St

3

Frances Slocum Elementary School

Public District PK-4

1.8 mi

2909 S Torrence St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,789. Most Marion, IN residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

49%
<35k
40%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 122 W 2nd St in Marion, IN and zip code 46952. This home, which was built in 1900, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $125,000.

Over 5 listings were sold over their listed price in January 2025 in Marion, IN. In the same period over 20 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Marion, IN decreased by 4.2% between December and January 2025. The median list price of listings available in January 2025 was $104,400, while the average time on the real estate market was 174 days.

From Rocket Homes Real Estate and based on county public records data.

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