Short Term Rental

Marion, IN Short Term Rental Properties for Sale

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La Fontaine, IN Warren, IN Gas City, IN
Historic Apartment Building with Office
Updated: May 11
Historic Apartment Building with Office

215 E 3Rd Street, Marion, IN 46952

$2,500,000
7,053 sqft · 0.40 AC lot
Historic apartments built in 1904 in downtown Marion, near the YMCA and the Riverfront District.
Apartment mix: 11 two‑bedrooms, 11 one‑bedrooms, 1 studio, and 1 office space.
Additional furnished units include 4 one‑bedrooms and 1 two‑bedroom for extended stay or short‑term rental.
Central air cooling throughout.
Flooring includes tile and wood.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Marion, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Six-Unit Income Property
Six-Unit Income Property

4013 S Wayne Avenue, Fort Wayne, IN 46807

$499,000
3,406 sqft · 0.12 AC lot

Six independently metered units with private bathrooms, offering a mix of leased and short-term rental use.

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Two-Unit Duplex Income Property
Two-Unit Duplex Income Property

104 E North Street, Greenfield, IN 46140

$120,000
0.10 AC lot

Two-unit duplex offers tenant-occupied Unit A and a smaller improved Unit B needing light finishing touches.

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Restored Duplex with Separate Utilities
Restored Duplex with Separate Utilities

433 W Main Street, Greenfield, IN 46140

$354,500
0.17 AC lot

Totally restored duplex offers an upstairs apartment with appliances and separate utilities, plus a professionally managed short-term unit.

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Restaurant and Airbnb Opportunity
Restaurant and Airbnb Opportunity

5700 Bluffton Rd, Fort Wayne, IN 46809

$1,250,000
4,756 sqft · 1.01 AC lot

Profitable restaurant and updated Airbnb on 1.01 acres.

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Marion, IN Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Marion, IN on our real estate platform. These investment opportunities span a total of 7,053 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for short term rental properties in Marion, IN start at $2,500,000, averaging $2,500,000, and reaching up to $2,500,000 — 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

Commercial property segments ranked by active listings on the market

Apartment buildings 4
Duplexes 3
Short term rental properties 1
Triplexes 1

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 average listing prices of real estate assets

Neighborhood Average Price
46952 $2.5M

Taxes & Financing

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

Property Size Breakdown

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

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