920 West 5th Street Marion, IN 46953

Building Details

Year Built

1902

Listing agency Hoosier Hub Realty LLC j***@hoosierhubrealty.com Show Phone

Listed by Jonah Hartsburg · License #RB19001065 Show Phone

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Added: Oct 30, 2025 Updated: Jul 22 at 12:41AM Checked: Jul 22 at 12:41AM

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Investment Insights

Based on property information with market context.

This up-and-down duplex includes a partial basement, backyard, and a detached garage. The lower unit is a 1-bedroom currently occupied by a long-term resident with rent of $600 per month, plus electric and gas. The upper unit is a 2-bedroom and will require light turnover work before it is ready for leasing.

The property is located in Marion, positioned between the bypass and downtown. Electric and gas are separately metered, while the owner currently pays water, sewer, and trash, creating an opportunity to bill those utilities back with new leases.

As a residential income property, it combines immediate occupancy in the lower unit with a straightforward refresh for the upper unit to support future leasing.

Key Highlights

• Up‑and‑down duplex in Marion built in 1902 with 1‑bedroom lower unit and 2‑bedroom upper unit
• Lower unit is occupied by a long‑term resident paying $600/month plus electric and gas
• Electric and gas are separately metered for the duplex

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FAQs

What type of property is this?

Duplex - Duplex offers separately metered electric and gas, with water, sewer, and trash currently paid by the owner.

Where is this duplex located?

The property is located at 920 West 5th Street Marion, IN.

What is the asking price?

The asking price for this property is $49,500.

What are key features of this property?

This property features: Up‑and‑down duplex in Marion built in 1902 with 1‑bedroom lower unit and 2‑bedroom upper unit; Lower unit is occupied by a long‑term resident paying $600/month plus electric and gas; Electric and gas are separately metered for the duplex