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Corner Lot Duplex with Garage

315 North Adams Street Marion, IN 46952

315 North Adams Street, Marion, IN, 46952
$52,400
For Sale
$52,400

Duplex on a corner lot with a detached 2-car garage, featuring two 1-bedroom units with one vacant lower unit.

Property Size1,844 SF
Price / SF$28.42
Days on Market43

Property Features for 315 North Adams Street

General Information

Standard status
Active
Size
1,844 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1959
Listing agency Ping Realty, LLC
Listed by Robert Ping · License #RB16001203
Source Compass
Added: Jun 9 Updated: Jul 21 at 4:21AM Checked: Jul 21 at 4:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ping Realty, LLC


Investment Insights

Based on property information with market context.

This duplex offers approximately 1,844 square feet and includes two separate residential units. The upper unit is 1 bedroom and 1 full bathroom and is currently tenant-occupied, generating rental income through 1/31/2027. The lower unit is vacant and provides 1 bedroom and 1 full bathroom, with the potential to add a second bedroom by adding a closet.

The property sits on a corner lot and includes a detached 2-car garage and outdoor space. With one unit currently occupied and the other available, the configuration supports both income-focused use and owner-occupant flexibility.

Both units are laid out as 1-bedroom, 1-bath residences, with the vacant lower unit presenting an opportunity to expand functionality within the existing footprint through the addition of a closet.

Key Highlights

  • Duplex on a corner lot with two 1‑bedroom units (upper tenant‑occupied; lower unit vacant)
  • Upper unit: 1 bedroom, 1 full bath, currently generating $600/month rental income through 1/31/2027
  • Lower unit: 1 bedroom and 1 full bath, with potential for a second bedroom by adding a closet

Property Analytics

Location Intelligence

Current Use by Public Records

STAR Insurance Agency Bank STAR Financial Bank Bank Grant County Economic ... Charitable Organization

Suggested Use

Parking Lot & Garage Gym & Fitness Center Plumbing Service Furniture & Home Goods Daycare Center Carpet & Flooring Store Accounting Firm Food Market (Bike/Boat/Book/etc) Store Spa & Massage Center

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

FAQs

What type of property is this?
Duplex - Duplex on a corner lot with a detached 2-car garage, featuring two 1-bedroom units with one vacant lower unit.
Where is this duplex located?
The property is located at 315 North Adams Street Marion, IN.
What is the asking price?
The asking price for this property is $52,400.
What are key features of this property?
This property features: Duplex on a corner lot with two 1‑bedroom units (upper tenant‑occupied; lower unit vacant); Upper unit: 1 bedroom, 1 full bath, currently generating $600/month rental income through 1/31/2027; Lower unit: 1 bedroom and 1 full bath, with potential for a second bedroom by adding a closet
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