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Three-Unit Residential Income Property

204 W 20th Street Marion, IN 46953

New
204 W 20th Street, Marion, IN, 46953
$79,900
For Sale
$79,900

MULTI_FAMILY - Marion, IN

Lot Size0.16 Acres
Days on Market1

Property Features for 204 W 20th Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bathroom 2
Parking features
On Street, Off Street, Alley
Patio and Porch features
Porch
Basement
Unfinished
Appliances
Range, Refrigerator
Standard status
Active
APN
270707402078000002
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
16-29-7703 LOT 13 EX 6' E/SD F S MCKINNEY SUB/DIV OL
Tax Annual Amount
656

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Listing agency Integrity Realty Partners
Listed by Angela Manning · License #RB17000786
Added: Jul 22 Checked: Jul 22 at 7:06PM
MLS# 842685

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily property contains three separate units, each configured as a 1-bedroom, 1-bath residence. The layout provides spacious room sizes, and the building is described as having functional units for day-to-day occupancy.

The property is located in Marion, Indiana. The seller states the building needs a new roof and some minor cosmetic updates. It is being sold as-is.

Overall, the asset is positioned as a value-add opportunity, with the primary work identified as roof replacement and light cosmetic improvements for a future owner.

Key Highlights

  • Large 3‑unit multifamily property with three 1‑bedroom, 1‑bath units
  • Forced air heating and public utilities including public water and public sewer
  • Appliances included: range and refrigerator

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Electrical Service Accounting Firm Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three separate 1-bedroom, 1-bath units in a larger multifamily building sold as-is, with roof and cosmetic updates needed.
Where is this triplex located?
The property is located at 204 W 20th Street Marion, IN.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Large 3‑unit multifamily property with three 1‑bedroom, 1‑bath units; Forced air heating and public utilities including public water and public sewer; Appliances included: range and refrigerator
Contact an agent
More about this property
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