Stephanie Ramirez

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Listing provided courtesy of Keller Williams Realty Services- MLS# 207710MLS Provider

612 W 4th StreetMarion, IN 46952

Multi-Family · 3,610 Sq. ft. | 0.26 Acres
$534,900 Active

612 W 4th Street Overview

Time on Site:
13 days
Visits:
0

Exceptional investment opportunity in the heart of Marion, Indiana, the hometown of James Dean! This completely renovated 9-unit apartment building is ready to add to your portfolio & offers numerous recent improvements throughout! Featuring 5 one-bedroom/one-bath units & 4 efficiency units! Completely overhauled w/ new HVAC mini-split systems, water heaters, gutters, & separate utility infrastructure for management efficiency! Each unit comes furnished w/ all new kitchen appliances, making them attractive & move-in ready for tenants! An additional lot adjacent to the property provides the opportunity to create off-street parking, further enhancing the property's appeal! Conveniently located just minutes from Indiana Wesleyan University & only approximately 45 minutes from Kokomo, home to a thriving manufacturing sector w/ an abundance of employment opportunities! Looking to expand an existing portfolio or begin building one? Don't miss this rare opportunity!

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612 W 4th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,610
  • Price/Sq.ft. $148
  • Lot 0.26 Acres

Details

General

School Information

  • School Name 1: Marion High School
  • School Name 2: Kendall Elementary
  • School Type 1: High School
  • School Type 2: Elementary School

Building Information

  • Age: 0
  • New Construction: No
  • Year Built: 1900

Location/Region

  • County Or Parish: Grant
  • Subdivision Name: Jamiesons Add
  • Township: Center

Rent/Lease Information

  • Tenant Pays: All Utilities

General Information

  • Historical Dist.: No
  • Mfg.HomesAllowed: No
  • Parcel Number: 27-07-06-301-076.000-002
  • Property Sub Type: Apartment 5+ Units
  • Property Type: Multi Family

Interior

Building Information

  • Gas: None
  • Laundry Type: None
  • Other Features: Busline Near
  • Separate Electric: Yes
  • Separate Furnace: Yes
  • Separate Gas: Yes
  • Water and Sewer: 0

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • 1-Bedroom Sq Ft: 0
  • 1-Bedroom Units: 5
  • 2-Bedroom Sq Ft: 0
  • 2-Bedroom Units: 0
  • 3+ Bedroom Sq Ft: 0
  • 3+ Bedroom Units: 0
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0

Building Interior

  • Building Area Total: 3610.00

General Information

  • Appliances: Other,Oven/Range,Refrigerator
  • Cooling: Mini-Split,Ceiling Fans
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Foundation Details: Block,Stone
  • Heating: Individual,Electric
  • Levels: Multi/Tri Level
  • Living Area: 3610
  • Window Features: Other,Double Hung,Vinyl

Unit Information

  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Part Baths: 0
  • Unit 1 Rooms: 0
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Part Bath: 0
  • Unit 2 Rooms: 0
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Part Baths: 0
  • Unit 3 Rooms: 0
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Bath: 0
  • Unit 4 Part Bath: 0
  • Unit 4 Rooms: 0

Exterior

Parking Information

  • Parking Features: Onstreet
  • Parking Total: 0

Lot Information

  • Lot Dimensions Source: .26 acre
  • Lot Measurement: Acres
  • Lot Size Acres: 0.2600
  • Lot Size Square Feet: 11326.00
  • Number Of Buildings: 1
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Pond/Lake: No
  • View: City,Other
  • Water Frontage: 0
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional,Transitional
  • Construction Materials: Other,Vinyl Siding
  • Driveway Type: None
  • Roof: Shingle,Membrane

General Information

  • Number Of Units Total: 9
  • Sewer: Public Sewer

Unit Information

  • Unit 2 Assigned Prkg: 0
  • Unit 3 Assigned Prkg: 0
  • Unit 4 Assigned Prkg: 0

612 W 4th Street Neighborhood

Community

46952 (Marion) Demographics

47
Median Age
172
Population Density (per sq. mile)
30%
College Educated
$49,205
Estimated Median Income
5,811
Estimated Total Home Owners
2,680
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

612 W 4th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

612 W 4th Street Market Data

Based on the last 30 days in this zip code

$196,250
Average List Price
$104
Average Price per Square Foot
0
Properties Sold
82
Average Days on Market
58
Properties for Sale
Calculations provided by Reliance Network

612 W 4th Street History

Date Event Value Agent
6/29/2026Source: South Eastern Indiana MLS Price Reduction
$534,900 -0.0%
6/17/2026Source: South Eastern Indiana MLS Added to Database
June 17, 2026