105 W 36th Street, Marion, IN 46953
- $80,000
- 3
- BD
- 1
- BA
- 1,079
- SqFt
- List Price
- $80,000
- Price Change
- ▼ $4,900 1780948990
- MLS#
- 22104453
- Property Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft. of Residence
- 1,079
- Year Built
- 1900
- Days on Market
- 62
- Status
- ACTIVE
Property Description
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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Additional Information
- Foundation
- Crawl Space
- Stories
- One
- Architecture
- Bungalow
- Interior
- Attic Access
- Exterior Amenities
- Storage Shed
- Acres
- 0.08
- Heat
- Natural Gas
- Cooling
- Central Air
- Appliances
- Washer, Refrigerator, Dryer, Range Hood
- Region
- Center
- Eating Areas
- Dining Combo/Family Room
Listing courtesy of Justin Lowe from Ellsbury Group
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