Marion, IN 46952 225 N E Street

Well-maintained duplex located in North Marion offering a great investment opportunity! Unit 1 features two bedrooms, one and a half bathrooms, a spacious living room, large kitchen, and a charming enclosed porch. This unit is currently leased through July 31, 2025, bringing in $850 per month. Tenant pays gas and electric. Please note, the appliances in Unit 1 do not remain, but an additional washer and dryer set located in the basement can be swapped out for the current set in the kitchen. Unit 2 comes fully furnished—from the Sleep Number bed down to the dishes—and everything remains. It is currently rented at $700 per month on a newly signed one-year lease. Unit 2 is total electric, and the owner pays the electric bill. Owner also pays water for both units. Additional features include a fenced-in backyard, basement for extra storage, and washer and dryer hookups in both units. Recent updates include fresh interior paint, roof and shed improvements, fence work, and updated landscaping. A solid duplex with great income potential!