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Duplex with Shared Laundry
For Sale
$59,900

702 W 6th Street, Marion, IN 46953

Residential Income, Marion, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market359

Property Features for 702 W 6th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2
Subdivision No Subdivision
Elementary school Riverview Elementary School
Middle school John L McCulloch Junior High Sch
High school Marion High School
Elementary school district Marion Community Schools
Middle school district Marion Community Schools
High school district Marion Community Schools
Directions GPS Friendly
Standard status Active
APN 270706301165000002
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 16-08-1898 Lot 278 Whites 12th Add Mp 0706-301-165.000
Tax Annual Amount 1376
Legal Description 16-08-1898 Lot 278 Whites 12th Add Mp 0706-301-165.000

Amenities

shared laundry area

Building Details

Year built 1939
Number of units 2
Listing Agency: Starr Real Estate LLC
Listed By: Heather Clemmons · License #RB14039183
Added: Oct 20, 2025 Changed: Oct 8 Last Checked: Oct 13 at 9:06AM
MLS# 22069162

Copyright © 2026 Broker Listing Cooperative®. 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 two-unit duplex, built in 1939, has a two-bedroom, one-and-a-half-bath apartment and a second two-bedroom, one-bath apartment. The first apartment is occupied on a month-to-month basis, while the second is vacant. Recent work in the occupied unit included a new vanity, carpet, interior paint, and ceiling repairs. Two water heaters were installed in July 2026.

Both apartments have access to a shared laundry area. Gas and electric are separately metered, and the owner pays for water and trash. The property sits on a 0.13-acre lot.

Key Highlights

  • Unit A received a new bathroom vanity, carpet, interior paint, and ceiling repairs
  • Two water heaters installed in July 2026
  • Two‑bedroom units: Unit A has 1.5 baths; Unit B has 1 bath and is vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center Kitchen & Bath Showroom Storage Facility Home Appliance Store Plumbing Service

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

920
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Separate gas and electric meters serve each apartment; the owner covers water and trash.
Where is this duplex located?
The property is located at 702 W 6th Street Marion, IN.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Unit A received a new bathroom vanity, carpet, interior paint, and ceiling repairs; Two water heaters installed in July 2026; Two‑bedroom units: Unit A has 1.5 baths; Unit B has 1 bath and is vacant
More about this property
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