Property profile

1301 2nd St Marion, IN 46952

OFF-MARKET
Residential income homes
Property ID
US31-1652079
10,442 SF 0.33 ac lot Built 1930
Entity Owned 5-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1930
Construction WOOD
Total area 10,442 SF
Lot 0.33 ac (14,375 SF)
APN 27-06-01-401-031.000-008
UPID US31-1652079

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

1301 2nd St Marion, IN 46952-3560
Marion metro Census 700 MARION, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$875k
Comparable Approach Comparable
$700k
Blend (final) Blend
$785k

Owner & transaction history

since 2021
Last sale
$14,000
2 recorded transactions
2021
$14,000
2016
$63,500

Zoning & alternative use

Top alternative use upside
Restaurant $995,000 +0.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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