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Updated Duplex With Separate Meters
For Sale
$59,900

702 W 6th St, Marion, IN 46953

Two-unit income property with month-to-month occupancy, shared laundry, and individually metered electric and gas service.

Property Size3,056 SF
Price / SF$19.60
Days on Market307

Property Features for 702 W 6th St

General Information

Standard status Active
Size 3,056 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/1.5BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,000

Amenities

shared laundry area
Listing Agency: Starr Real Estate LLC
Listed By: Heather Clemmons · License #RB14039183
Source: Exprealty
Added: Oct 20, 2025 Changed: Aug 21 Last Checked: Aug 21 at 5:15AM

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 Starr Real Estate LLC

Investment Insights

Based on property information with market context.

This 3,056-square-foot duplex contains two residential units with a practical two-bedroom configuration. Unit A includes 1.5 baths, while Unit B offers one bath. Recent improvements in Unit A include a bathroom vanity, carpet, interior paint, and ceiling repairs. Two water heaters were installed in July 2026.

Both apartments are leased on a month-to-month basis. The owner pays for water and trash, while electric and gas are separately metered by unit. Residents share a centrally located laundry area positioned between the two apartments. The property is located at 702 W 6th St in Marion, IN.

Key Highlights

  • 3,056‑square‑foot duplex with two residential units
  • Unit A has 2 beds and 1.5 baths; Unit B has 2 bedrooms and 1 bath
  • Two water heaters installed July 2026

Property Analytics

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

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

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 - Two-unit income property with month-to-month occupancy, shared laundry, and individually metered electric and gas service.
Where is this duplex located?
The property is located at 702 W 6th St 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: 3,056‑square‑foot duplex with two residential units; Unit A has 2 beds and 1.5 baths; Unit B has 2 bedrooms and 1 bath; Two water heaters installed July 2026
More about this property
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