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Triplex With Three 1-Bedroom Units
For Sale
$79,900

204 W 20th Street, Marion, IN 46953

MULTI_FAMILY - Marion, IN

Lot Size0.16 Acres
Days on Market9

Property Features for 204 W 20th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Basement
Parking features Alley, On Street, Off Street
Patio and Porch features Porch
Basement Unfinished
Appliances Range, Refrigerator
Subdivision F S Mckinney
Lot features Back Yard, Front Yard
Directions South Boots to 20th Street.
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
Legal Description 16-29-7703 LOT 13 EX 6' E/SD F S MCKINNEY SUB/DIV OL

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 Changed: Jul 30 Last Checked: Jul 30 at 11:06PM
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 triplex at 204 W 20th Street offers three spacious 1-bedroom, 1-bath units. The home includes forced-air heating and several in-unit appliances, including a range and refrigerator. Outdoor space includes a porch, and parking is available both off-street and on-street, with alley access.

The building was constructed in 1920 and is set on a 0.1576-acre lot. Water service is public and sewer is provided by the public sewer system.

The property is being sold as-is. It does need a new roof and some minor cosmetic updates, while still offering three separate units and a functional layout for a buyer looking to renovate and reposition the asset.

Key Highlights

  • Three units: each 1‑bedroom and 1‑bath configuration
  • Sold as‑is; needs a new roof and minor cosmetic updates
  • 0.1576‑acre lot with porch

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

Demographics for 46953, IN

22,781
Population
10,095
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
84%
High-School Grad
85.6 sq mi
ZIP Area
266
Density / Sq Mi
$46,224
Median Household Income
$25,969
Median Earnings
$800
Median Rent
$88,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three 1-bedroom, 1-bath units in a 1920 triplex with forced-air heat, public utilities, and off-street parking.
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: Three units: each 1‑bedroom and 1‑bath configuration; Sold as‑is; needs a new roof and minor cosmetic updates; 0.1576‑acre lot with porch
More about this property
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