Listing courtesy of Kitts Realty · Listing agent: Linda Kitts · Cell: 765-661-1069

Virtual tour
ActiveFiveplex

413-423 N Washington Street

$174,900

$37.78 / sq ft

Est. $1,337/mo

Marion, IN 46952

  • Basement
Bedrooms
7
Bathrooms
5
Living area
4,630 sq ft
Lot
0.66 ac
Year built
1900
Type
Fiveplex
Listed
August 19, 2026
MLS #
202633852

About this home

Three (3) separate buildings. 413-415, duplex. Upper rent $540/month, long term (5 yrs) tenant; Lower rent $625/month, large 1 bedroom, with "turn of the century" design. Full basement with 2 separate gas furnaces...413 is only 1 year old. 419-423, 2 buildings. 423 is 2 bedroom above 4 car garage, $775/month. 421 is lower 1 bedroom unit $541/month, long term tenant (5 yrs). 419 is 2 bedroom upper unit, $600/month. Owner pays water/sewer/trash fees and lawn care. Plenty of parking. .66 acre of land space.

Monthly payment estimate

$1,337/mo

Principal & interest
$957
Property taxes
$329
Homeowners insurance
$51
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One and One Half
Stories
2
Total area
5,030 sq ft
Finished area above grade
4,630 sq ft
Unfinished area below grade
400 sq ft
Below grade total
400 sq ft
Bedrooms above grade
7
Basement
Crawl Space, Cellar, Full, Unfinished
Flooring
Carpet, Laminate, Vinyl
Heating
Natural Gas, Forced Air, Space Heater
Amenities
Fenced Yard, Off Street Parking, Ceiling-9+, Porch Covered, Water Heater Gas, Washer Hook-Up

Exterior & parking

Style
Traditional
Construction
Aluminum Siding, Brick, Vinyl Siding, Wood Siding
Roof
Asphalt
Foundation
Block
Parking
Asphalt, Gravel, Garage, Paved
Private pool
No
Fencing
Partial, Chain Link
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.66 ac
Lot dimensions
132X148, 67X140
Location type
City/Town/Suburb
County
Grant County
Township
Center
Platted
Yes
Planned unit development
No
Directions
From 9 & 37 N (Marion Bypass), turn East on Wabash Av, approximately 2 miles. At the dead end, turn left on North Washington Street. Property on the left side about 1/2 mile down.

Schools

Elementary school
Riverview
Middle school
McCulloch
High school
Marion
School district
Marion Community Schools

HOA & community

HOA fee
$0

Taxes & terms

Annual taxes
$3,944
Tax year
2026
Assessed value
$197,200
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional
Possession
DOFC
Parcel number
27-07-06-102-042.000-002

Included in the sale

Included in sale
Building,Lease

Utilities

Water
City
Sewer
Public Sewer
Electric provider
AEP/I&M
Gas provider
CenterPoint Energy
Water provider
Marion Utilities
Cable / internet provider
Spectrum

Income & commercial

Units
5
Buildings
3
Annual gross rent
$36,972
Net operating income
$28,428
Lease term
12 Months
Parking spaces
12
Pets allowed
Yes
Tenant pays
Cable TV, Electricity, Heat
Electric meters
5
Gas meters
5
Water meters
2
Insurance (annual)
$1,000
Water & sewer (annual)
$2,592
Trash (annual)
$1,008

Location

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