Property summary
This exceptional investment opportunity presents a portfolio of seven renovated rental properties located in Marion and Gas City, Indiana. The portfolio comprises six single-family homes and one duplex, totaling seven units, and boasts a strong annual net operating income (NOI) of $68,100, representing a compelling 13.65% capitalization rate. The asking price for this turnkey investment is $499,000, or approximately $71,285.71 per unit. The properties are classified as Class B and are currently generating consistent rental income. Tenants are responsible for all utilities and landscaping, minimizing management responsibilities. Individual unit details include: a duplex at 423 E South D St, Gas City, with a 3-bed/2-bath unit renting for $1,200 per month and a 1-bed/1-bath unit renting for $700 per month
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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