Marion, IN
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    Marion, IN Multifamily Properties for Sale

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    La Fontaine, IN Gas City, IN Warren, IN
    12 results
    Historic Apartments in Downtown Marion
    $2,500,000
    7,053 SF

    Historic Apartments in Downtown Marion

    215 E 3Rd Street, Marion, IN 46952

    Unique apartments in Marion's Riverfront District with bar/restaurant potential.

    • Prime downtown location in the Riverfront District, near YMCA, restaurants, and businesses
    • Liquor license available for basement bar/restaurant space
    • Mix of unit types: 2‑bedroom, 1‑bedroom, and studio apartments, plus an office space
    • Furnished 1- and 2‑bedroom apartments available for short‑term or extended stay rentals
    • Building features an elevator and accessible elevator installation
    Updated: May 11
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    All-Brick Duplex in Marion, Indiana
    $100,000
    1,560 SF

    All-Brick Duplex in Marion, Indiana

    3625 S Landess Street, Marion, IN 46953

    Low-maintenance, single-level duplex with two units ready for immediate cashflow.

    • Solid, low‑maintenance all‑brick duplex designed for longevity.
    • Two units, each with 2 bedrooms and 1 full bath.
    • Functional floor plan with living room and eat‑in kitchen in each unit.
    • Ready to generate immediate cash flow.
    • Off‑street parking and storage available.
    Updated: Apr 4
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    All-Brick Duplex in Marion, IN
    $104,000
    780 SF

    All-Brick Duplex in Marion, IN

    Low-maintenance, all-brick duplex with two units for immediate cash flow.

    3627 S Landess Street, Marion, IN 46953
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    Marion IN Triplex For Sale
    $90,000
    1,780 SF

    Marion IN Triplex For Sale

    Triplex with garage and alley access in Marion, Indiana.

    1926 W 11th Street, Marion, IN 46953
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    Marion Duplex with Long-Term Renters
    $45,000
    2,304 SF

    Marion Duplex with Long-Term Renters

    Duplex with long-term renters; landlord pays all utilities.

    1522 S Washington Street, Marion, IN 46953
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    Historic Building with Commercial Space
    $8,000,000
    15,000 SF

    Historic Building with Commercial Space

    Renovated historic building featuring commercial space and market-rate apartments.

    402 S Washington St, Marion, IN 46953
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    Marion Duplex with Income Potential
    $75,000
    2,048 SF

    Marion Duplex with Income Potential

    Charming duplex in Garfield neighborhood, ideal for investors.

    1103 West 5th Street, Unit 1103, Marion, IN 46953
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    Marion Duplex with Recent Upgrades
    $61,900
    0.13 Acres

    Marion Duplex with Recent Upgrades

    Duplex in Marion, Indiana with recent renovations and rental income.

    702 W 6th Street, Marion, IN 46953
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    Northeast Indiana Multifamily Portfolio
    $17,160,000
    40,200 SF

    Northeast Indiana Multifamily Portfolio

    Age-restricted apartment communities in Marion, Ossian, and Kendallville, Indiana.

    1511 W 31st St, Marion, IN 46953
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    Multifamily Property with Parking Lot
    $180,000
    2,880 SF

    Multifamily Property with Parking Lot

    Multifamily property with apartment and paved parking.

    1534 West 2nd Street, Marion, IN 46952
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    Marion Triplex For Sale
    $90,000
    1,780 SF

    Marion Triplex For Sale

    Triplex with apartments and garage in Marion, Indiana.

    1926 West 11th Street, Marion, IN 46953
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    Duplex with Long-Term Renters
    $45,000
    2,304 SF

    Duplex with Long-Term Renters

    Duplex property with long-term tenants; landlord pays all utilities.

    1522 South Washington Street, Marion, IN 46953
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    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 12 Active listings in Marion, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Income-Producing Triplex with Long-Term Tenants
    $165,000
    3,450 SF

    Income-Producing Triplex with Long-Term Tenants

    Fully occupied triplex with long-term tenants and recent updates.

    691 W Hill Street, Wabash, IN 46992
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    Turnkey Triplex Investment Opportunity
    $180,000
    2,503 SF

    Turnkey Triplex Investment Opportunity

    Well-maintained triplex with solid rental potential in Hartford City.

    703 & 705 N Walnut Street, Hartford City, IN 47348
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    Hartford City Turnkey Triplex
    $180,000
    2,503 SF

    Hartford City Turnkey Triplex

    Well-maintained triplex in Hartford City, offering steady rental income.

    703 & 705 N Walnut Street, Hartford City, IN 47348
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    Downtown Wabash Investment Opportunity
    $1,600,000
    5,663 SF

    Downtown Wabash Investment Opportunity

    Two commercial buildings plus seven apartments in downtown Wabash.

    78 West Canal Street, Wabash, IN 46992
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres

    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392
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    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
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    Grove City Land Opportunity
    $182,000
    0.83 Acres

    Grove City Land Opportunity

    Land available in Grove City, suitable for residential or commercial.

    2120 Edwards Road, Grove City, OH 43123
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    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres

    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338
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    Off-Market Properties in Marion, IN

    Consider similar Off-Market properties in Marion, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1316 10th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,672 SF Lot: 0.20 Acres
    Value Estimation by Request

    1316 10th St, Marion, IN 46953-1423

    View details
    2929 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,282 SF Lot: 0.13 Acres
    Value Estimation by Request

    2929 Washington St, Marion, IN 46953-3637

    View details
    1415 Adams St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,528 SF Lot: 0.40 Acres
    Value Estimation by Request

    1415 Adams St, Marion, IN 46953-2333

    View details
    3323 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,510 SF Lot: 0.12 Acres
    Value Estimation by Request

    3323 Washington St, Marion, IN 46953-4372

    View details
    1301 2nd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,442 SF Lot: 0.33 Acres
    Estimated value
    $785,000

    1301 2nd St, Marion, IN 46952-3560

    View details
    1315 Beckford Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,304 SF Lot: 2.93 Acres
    Estimated value
    $1,950,000

    1315 Beckford Pl, Marion, IN 46952-1862

    View details
    1194 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,560 SF Lot: 0.34 Acres
    Value Estimation by Request

    1194 Washington St, Marion, IN 46952-2291

    View details
    521 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,080 SF Lot: 0.12 Acres
    Value Estimation by Request

    521 Washington St, Marion, IN 46952-2701

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    1200 Hendricks Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.30 Acres
    Value Estimation by Request

    1200 Hendricks Ave, Marion, IN 46953-1252

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    316 2nd St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,721 SF Lot: 0.20 Acres
    Value Estimation by Request

    316 2nd St, Marion, IN 46952-3830

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    1430 Jeffras Ave
    Multifamily properties
    Value Estimation by Request

    1430 Jeffras Ave, Marion, IN 46952

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    326 Washington St
    APARTMENT HOUSE (UNDER 5 UNITS)
    728 SF
    Value Estimation by Request

    326 Washington St, Marion, IN 46952-4023

    View details

    Marion, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 32 multifamily properties for sale in Marion, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 77,689 square feet of properties for sale, with an estimated market value of $28,389,000.

    Sale prices for multifamily properties in Marion, IN start at $45,000, averaging $2,580,818, and reaching up to $17,160,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 6
    Apartment buildings 3
    Triplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Marion fall within the 2,500 to 5,000 square foot range.

    Demographics Overview

    Population 41K
    Population Growth (5Y) -2.5%
    Median Household Income $49,349
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Marion submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46952 $180K
    46953 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.54%
    Property Tax per SF $45.73 per sq ft
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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