About 315 N Adams Street
Excellent investment opportunity with immediate rental income! This duplex offers approximately 1,844 square feet of living space and is situated on a desirable corner lot. The upper unit features 1 bedroom and 1 full bathroom and is currently tenant-occupied, generating $600 per month in rental income through 1/31/2027. The lower unit is vacant and offers 1 bedroom with the potential for a second bedroom with the addition of a closet, along with 1 full bathroom, making it ideal for an owner-occupant or an additional income-producing rental unit. Additional features include a detached 2-car garage, outdoor space, and the flexibility to maximize cash flow or offset living expenses. Whether you're looking to expand your investment portfolio or seeking a property that allows you to live in one unit while renting the other, this duplex presents a fantastic opportunity with built-in income potential.
Features of 315 N Adams Street
| MLS® # | 202623416 |
|---|---|
| Price | $45,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,844 |
| Acres | 0.19 |
| Year Built | 1959 |
| Type | Multifamily |
| Sub-Type | Duplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 315 N Adams Street |
|---|---|
| Subdivision | None |
| City | Marion |
| County | Grant County |
| State | IN |
| Zip Code | 46952 |
Amenities
| Features | Basement |
|---|---|
| Parking Spaces | 4 |
| Parking | Garage, Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Wood |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Wall AC, None |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | Yes |
| Basement | Partial Basement, Unfinished |
Exterior
| Exterior | Vinyl |
|---|---|
| Lot Description | Corner, Level |
| Roof | Asphalt, Shingle |
| Construction | No |
| Foundation | Block |
School Information
| District | Marion Community Schools |
|---|---|
| Elementary | Riverview |
| Middle | McCulloch |
| High | Marion |
Additional Information
| Days on Market | 66 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Robert Ping |
|---|---|
| Office | Ping Realty, LLC |