715 E 30th Street, Marion, IN 46953
- $68,000
- 3
- BD
- 1
- BA
- 876
- SqFt
- List Price
- $68,000
- Price Change
- ▼ $6,900 1780948990
- MLS#
- 22105381
- Property Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft. of Residence
- 876
- Year Built
- 1900
- Days on Market
- 57
- Status
- ACTIVE
Property Description
This property represents a high-yield, low-volatility acquisition opportunity within the stable housing market of Marion, Indiana. Targeted specifically at the workforce housing demographic, this asset is designed to generate consistent, passive cash flow through long-term tenant occupancy. The property's fundamental metrics-a 3-bedroom, 1-bath footprint-place it squarely in the "sweet spot" for local rental demand, ensuring that the property remains competitive against both higher-cost alternatives and lower-quality housing stock. PROPERTY 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
- Pantry, Walk-In Closet(s)
- Acres
- 0.14
- Heat
- Electric
- Cooling
- Central Air
- Appliances
- Microwave, Water Heater, Refrigerator
- Region
- Center
- Eating Areas
- Dining Combo/Kitchen
Listing courtesy of Justin Lowe from Ellsbury Group
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