Active

105 W 36th Street

Marion, IN 46953

$80,000 $337/Mo

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Overview

Bed

Bath

1,079

Sqft

0.08

Acre(Lot)

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 afforda bility ratio significantly more favorable than national averages, minimizing tenant turnover and vacancy risks compared to higher-cost-of-living metros.

Property Details

Property Type : Residential

Price : $80,000

AD Id : 79375823

MLS Id : MBR22104453

Beds : 3

Lot Size : 0.08 Acre

Living Area Size : 1,079

Year Built : 1900

County : Grant

Subdivision: No Subdivision

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Room Information

Rooms Total: 5

Interior Features

Attic Access Appliances: Washer, Refrigerator, Dryer, Range Hood Laundry Features: Laundry Room
Flooring Information

Construction Materials: Brick
Heating & Cooling

Heating: Natural Gas Cooling: Central Air WaterSource: Public

Building Information

Year Built: 1900
Exterior Features

Storage Shed Construction Materials: Brick Foundation Details: Crawl Space

Lot Information

Lot Square Feet: 3445 Lot Acres: 0.08

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Bungalow

Listing Price Information

Original List Price:$84900

Tax Information

Tax Lot: 1 Tax Legal Description: 16-23-5881.03 65 X 53' 7 1/2 Mid Pt N 1/2 Lot 1 Wigger & Pence 1st Add Mp 0718-304-006.000 Tax Year: 2025 Parcel Number: 270718304006000002

School Information

Senior High School: Madison-Grant Jr./Sr. High School
Utility Information

Water Source: Public
Location Information

Subdivision: No Subdivision City: Marion Direction: GPS Friendly

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2202 S Home Avenue, Marion, IN, 46953	$29,900	3	2	2,112	2,112 SqFt
715 E 30th Street, Marion, IN, 46953	$68,000	3	1	876	876 SqFt
2220 S Meridian Street, Marion, IN, 46953	$10,000	2	1	880	880 SqFt
3705 S Felton Street, Marion, IN, 46953	$167,777	3	2	1,175	1,175 SqFt
3619 S Felton Street, Marion, IN, 46953	$65,000	3	1	1,080	1,080 SqFt
1622 S Washington Street, Marion, IN, 46953	$57,950	2	1	2,392	2,392 SqFt
2405 S Boots Street, Marion, IN, 46953	$5,000	2	1	1,124	1,124 SqFt
614 S Race Street, Marion, IN, 46953	$10,900	3	2	2,359	2,359 SqFt
1501 W 7th Street, Marion, IN, 46953	$64,900	4	2	2,139	2,139 SqFt
604 Alabama Court, Marion, IN, 46953	$80,000	4	2	3,216	3,216 SqFt

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ByOwner last updated this listing 06/17/2026 @ 06:20

MLS: MIBOR #22104453 LISTED BY: Justin Lowe, Ellsbury Group 219-200-5133 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)