Marion, IN
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    Marion, IN Apartment Buildings for Sale

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    La Fontaine, IN Gas City, IN Warren, IN
    Historic Apartments in Downtown Marion
    $2,500,000
    7,053 SF

    Historic Apartments in Downtown Marion

    215 E 3Rd Street, Marion, IN 46952

    Unique apartments in Marion's Riverfront District with bar/restaurant potential.

    • Prime downtown location in the Riverfront District, near YMCA, restaurants, and businesses
    • Liquor license available for basement bar/restaurant space
    • Mix of unit types: 2‑bedroom, 1‑bedroom, and studio apartments, plus an office space
    • Furnished 1- and 2‑bedroom apartments available for short‑term or extended stay rentals
    • Building features an elevator and accessible elevator installation
    Updated: May 11
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    Historic Building with Commercial Space
    $8,000,000
    15,000 SF

    Historic Building with Commercial Space

    402 S Washington St, Marion, IN 46953

    Renovated historic building featuring commercial space and market-rate apartments.

    • Fully leased commercial space (15000 sq ft) and 30 market‑rate apartments.
    • Modern apartments with city views and in‑unit washer/dryer.
    • Newly paved parking lot with solar canopy powering the building.
    • Diverse commercial tenants including a restaurant and real estate/architectural firms.
    • Designated parking spot for each apartment unit.
    Updated: Apr 16
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    Northeast Indiana Multifamily Portfolio
    $17,160,000
    40,200 SF

    Northeast Indiana Multifamily Portfolio

    Age-restricted apartment communities in Marion, Ossian, and Kendallville, Indiana.

    1511 W 31st St, Marion, IN 46953
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    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 3 Active listings in Marion, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    North Manchester Sevenplex Investment Property
    $439,000
    6,366 SF

    North Manchester Sevenplex Investment Property

    Well-maintained seven-unit apartment building with on-site laundry and parking.

    102 E 2ND Street, North Manchester, IN 46962
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    Versatile Mixed-Use Property
    $595,000
    18,000 SF

    Versatile Mixed-Use Property

    Mixed-use property with commercial and residential spaces.

    2500 E 10th Street, Anderson, IN 46012
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    Historic Main Street Commercial Opportunity
    $194,000
    0.11 Acres

    Historic Main Street Commercial Opportunity

    Two buildings with retail/office fronts and upper-level apartments.

    127 E Main Street, North Manchester, IN 46962
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    Versatile Mixed-Use Property For Sale
    $649,900

    Versatile Mixed-Use Property For Sale

    Mixed-use property with commercial, industrial, and residential spaces.

    2500 E 10th St, Anderson, IN 46012
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
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    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
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    Off-Market Properties in Marion, IN

    Consider similar Off-Market properties in Marion, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1316 10th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,672 SF Lot: 0.20 Acres
    Value Estimation by Request

    1316 10th St, Marion, IN 46953-1423

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    2929 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,282 SF Lot: 0.13 Acres
    Value Estimation by Request

    2929 Washington St, Marion, IN 46953-3637

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    1415 Adams St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,528 SF Lot: 0.40 Acres
    Value Estimation by Request

    1415 Adams St, Marion, IN 46953-2333

    View details
    3323 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,510 SF Lot: 0.12 Acres
    Value Estimation by Request

    3323 Washington St, Marion, IN 46953-4372

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    1301 2nd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,442 SF Lot: 0.33 Acres
    Estimated value
    $785,000

    1301 2nd St, Marion, IN 46952-3560

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    1315 Beckford Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,304 SF Lot: 2.93 Acres
    Estimated value
    $1,950,000

    1315 Beckford Pl, Marion, IN 46952-1862

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    1194 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,560 SF Lot: 0.34 Acres
    Value Estimation by Request

    1194 Washington St, Marion, IN 46952-2291

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    521 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,080 SF Lot: 0.12 Acres
    Value Estimation by Request

    521 Washington St, Marion, IN 46952-2701

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    316 2nd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,721 SF Lot: 0.20 Acres
    Value Estimation by Request

    316 2nd St, Marion, IN 46952-3830

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    326 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    728 SF
    Value Estimation by Request

    326 Washington St, Marion, IN 46952-4023

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    3107 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,150 SF Lot: 0.10 Acres
    Value Estimation by Request

    3107 Washington St, Marion, IN 46953-4082

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    326 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    681 SF
    Value Estimation by Request

    326 Washington St, Marion, IN 46952-4023

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    326 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    692 SF Lot: 0.06 Acres
    Value Estimation by Request

    326 Washington St, Marion, IN 46952-4023

    View details
    1316 Meridian St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,706 SF Lot: 0.15 Acres
    Value Estimation by Request

    1316 Meridian St, Marion, IN 46952-2163

    View details
    1652 Euclid Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,616 SF Lot: 0.10 Acres
    Value Estimation by Request

    1652 Euclid Ave, Marion, IN 46952-3320

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    Marion, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 18 apartment buildings for sale in Marion, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 62,253 square feet of properties for sale, with an estimated market value of $27,660,000.

    Sale prices for two-family homes in Marion, IN start at $2,500,000, averaging $9,220,000, and reaching up to $17,160,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Marion fall within the 2,500 to 5,000 square foot range.

    Demographics Overview

    Population 41K
    Population Growth (5Y) -2.5%
    Median Household Income $49,349
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Marion submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46952 $2.5M
    46953 $12.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.54%
    Property Tax per SF $45.73 per sq ft
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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