1430 Jeffras Ave, Marion, IN 46952
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.