For Sale

Listed by Justin Lowe and Hector David Orton from Ellsbury Commerical Group

Source: MIBOR Service Corporation #22104453

105 West 36th Street, Marion, IN, 46953

$80,000

3
1
1079 sq. ft.
3445 sq. ft.

SingleFam

30+ days on the market

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About this property

This property offers a compelling "buy-and-hold" opportunity in the Marion, Indiana market. With a focus on stable cash flow and long-term appreciation, this asset serves a high-demand renter demographic in a region characterized by affordability and consistent rental growth. Newly renovated interior with a well-kept and maintained property. Tenants pay all utilities and take care of lawn and snow. INVESTMENT HIGHLIGHTS Rental Demand: The 3-bedroom, 1-bath configuration is a versatile product type, appealing to small families and long-term tenants. Market Trends: Recent data indicates a steady appreciation in rental rates, with 3-bedroom units in the broader Marion area averaging approximately $1,025 per month. Strategic Advantage: The local rental market is bolstered by an affordability ratio significantly more favorable than national averages, minimizing tenant turnover and vacancy risks compared to higher-cost-of-living metros.

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