About This Home

This 5-bedroom, 0-bathroom multi-family at 612 W 4th Street in Marion, IN is listed for $497,500 ($138 per sqft). Built in 1900, the home offers 3,610 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1900
  • 0.26 acre lot
  • Fireplace

Property Details

1900

Amenities

FireplaceView
Listing Description

Exceptional investment opportunity in the heart of Marion, Indiana, the hometown of James Dean! This completely renovated 9-unit apartment building is ready to add to your portfolio & offers numerous recent improvements throughout! Featuring 5 one-bedroom/one-bath units & 4 efficiency units!

Completely overhauled w/ new HVAC mini-split systems, water heaters, gutters, & separate utility infrastructure for management efficiency! Each unit comes furnished w/ all new kitchen appliances, making them attractive & move-in ready for tenants! An additional lot adjacent to the property provides the opportunity to create off-street parking, further enhancing the property's appeal!

Conveniently located just minutes from Indiana Wesleyan University & only approximately 45 minutes from Kokomo, home to a thriving manufacturing sector w/ an abundance of employment opportunities! Looking to expand an existing portfolio or begin building one? Don't miss this rare opportunity!

Monthly Cost Estimate

$2,661/mo

20% down · 6.5% · 30 years

Principal$360
Interest$2,156
Insurance$145

Estimates only. Actual payments may vary.

Location

612 W 4th Street

Marion, IN 46952

Property Details

Construction

Vinyl Siding

Views

City

Parking

On Street

Heating

Electric (Heating)

Appliances

Oven/RangeRefrigerator

Questions & Answers

This 5-bedroom, 0-bathroom multi-family at 612 W 4th Street is listed at $497,500 ($138/sqft). The estimated monthly payment is $2,661 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.26 acre lot, Fireplace.

This property is listed by Joan Hittinger.

JH

Joan Hittinger

Agent at Keller Williams Realty Services

Listed by Keller Williams Realty Services · Broker phone: (859) 240-0727 · View on Broker Site

MLS# 207710· Source: Southeastern Indiana Board of Realtors· 133 days on PropertySimple

Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

612 W 4th Street, Marion, IN 46952

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