Mixed-Use Triplex Income
645 Indiana Avenue Marion, OH 43302
645 Indiana Avenue, Marion, OH, 43302
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For Sale
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Pending
Historic three-unit building with two upstairs one-bedroom apartments and a main-level unit currently used as an apartment.
Days on Market104
Property Features for 645 Indiana Avenue
General Information
- Standard status
- Pending
- Property subtype
- Multifamily, Mixed Use
Building Details
- Year Built
- 1920
Listing agency
Coldwell Banker Realty
Listed by
Wil Marshall · License #2021003278
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 7:52AM Checked: Jul 22 at 7:52AM
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Investment Insights
Based on property information with market context.
This historic three-unit building is configured with two upstairs one-bedroom apartments and a main level currently used as an apartment. Recent updates include a newer roof, newer windows, a hot water tank, and a main water line, along with remodeling to the apartments.
The main level is described as usable as an apartment or as a business, offering flexibility for an owner-operator or investor. The upstairs apartments are listed at $900/month, and the main level rents for $1,200/month, for a combined $3,000/month with the possibility to earn more.
The property is positioned in downtown Marion, with the existing interior layout supporting both residential income and a potential commercial-use conversion for the main level.
The main level is described as usable as an apartment or as a business, offering flexibility for an owner-operator or investor. The upstairs apartments are listed at $900/month, and the main level rents for $1,200/month, for a combined $3,000/month with the possibility to earn more.
The property is positioned in downtown Marion, with the existing interior layout supporting both residential income and a potential commercial-use conversion for the main level.
Key Highlights
- Historic 3‑unit building built in 1920 in downtown Marion
- Income from 2 upstairs 1‑bedroom apartments plus a main‑level unit
- Total current rent: $3,000/month ($900/month from each upstairs 1‑bedroom and $1,200/month on the main level)
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Historic three-unit building with two upstairs one-bedroom apartments and a main-level unit currently used as an apartment.
Where is this triplex located?
The property is located at 645 Indiana Avenue Marion, OH.
What are key features of this property?
This property features: Historic 3‑unit building built in 1920 in downtown Marion; Income from 2 upstairs 1‑bedroom apartments plus a main‑level unit; Total current rent: $3,000/month ($900/month from each upstairs 1‑bedroom and $1,200/month on the main level)
