Pending /
MLS #202517289 /
Multiple Unit (2-4) /
Marion
Listing information updated 10/3/2025 at 6:03am
Back on market at no fault of the seller! 2 PROPERTIES, 1 PARCEL FOR A GREAT PRICE! Opportunity for investors to make immediate cash flow! 717 W 3rd and 312 Horace Mann MOTIVATED SELLER, BRING AN OFFER! Appraisal has been done and price is based on appraised value. This immediate cashflow property would be a great house hacking opportunity where the home owner could live in the middle unit and get rent income from the two studio apartments. The middle unit has 3 bed, 1.5 bath and has been remodeled with new flooring throughout, fresh paint, new kitchen, new half bath and some new windows. It has a large covered porch that would be great place to enjoy your morning coffee during the warmer months. There are no appliances in the vacant unit If rented out it is estimated that it could bring in $1,100.00 The two studios are rented out and rent and utilities are as follows: Both tenants pay $600 in rent Studio A tenant pays a flat water fee of $65.00 + $30 pet fee Studio C tenant pays a flat water fee of $65.00 The tenants pay their own electricity
Listing Agent: Knowe Dials
Listing Office: F.C. Tucker Fort Wayne
Listing Email: knowe.dials@talktotucker.com
Disclaimer: IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.