715 E 30th Street, Marion, IN 46953

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Sold Price
$55,000
List Price
$68,000
Closing Date
Sep 09, 2026
MLS#
22105381
Property Type
Residential
Bedrooms
3
Bathrooms
1
Sqft. of Residence
876
Year Built
1900
Days on Market
100
Status
SOLD

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.

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. Ellsbury Group

Selling Office: .

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.