Marion IL Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
7,006
Status:
Active
Beds:
n/a
Year built:
2012
Baths:
MLS#:
EB455794
Subdivision:
Summerwind

ADDITIONAL INFORMATION

7 units which include 2 Triplex and 1 house in a great location in East Marion that would make a great investment opportunity. Each triplex has 2bed 2bath units and the house is a 2 bed 1 bath. Call for your private showing today!

Type:
Cluster
Sq.Ft.:
20,950
Status:
Active
Beds:
n/a
Year built:
2022
Baths:
MLS#:
EB455605

ADDITIONAL INFORMATION

This fantastic investment opportunity features 22 fully occupied units with a low vacancy rate, located just minutes from Downtown Marion. With its prime location and strong rental demand, this property is a must-see for investors. TIF INCLUDED Please allow ample time for viewing, as all units are currently occupied! 6 units 900 sq ft w/ patio Rent for 900.00 each (2 bed 1 bath no garage) 6 units 1050 sq ft w/ patio Rent for 1100.00 each (2 bed 2 bath w/ 1 car garage) 5 units 950 sq ft w/ patio Rent for 1000.00 each (2 bed 1 bath w/ 1 car garage) 5 units 900 sq ft w/ patio Rent for 900.00 each (2 bed 1 bath no garage)

Type:
Cluster
Sq.Ft.:
2,048
Status:
Active
Beds:
n/a
Year built:
2020
Baths:
MLS#:
EB455555
Subdivision:
Mitchell

ADDITIONAL INFORMATION

Excellent Opportunity! Newer duplex on East side of Marion. Each unit boasts 2 bedrooms, 1 bath, and private fenced backyards with small decks. All electric with tankless water heaters, stainless steel appliances including dishwashers, and some smart home features. Quiet location within walking distance to Tower Square or Williamson County fairgrounds. Don't miss out on this one!

Type:
Cluster
Sq.Ft.:
2,560
Status:
Active
Beds:
n/a
Lot size:
4 Acres
Year built:
2005
Baths:
MLS#:
EB455204

ADDITIONAL INFORMATION

Check out this investment property located right off Dykersburg Rd with a Marion address. Both units are 3-bedroom, 2-bathroom trailers that have been completely remodeled. Each unit is situated on a different parcel and comes with their own septic systems. Don't miss out on this fantastic opportunity--call today!

Type:
Cluster
Sq.Ft.:
4,190
Status:
Active
Beds:
n/a
Lot size:
4 Acres
Year built:
2011
Baths:
MLS#:
EB455191

ADDITIONAL INFORMATION

Check out this amazing investment opportunity! This gorgeous four-unit property has been fully remodeled and situated right outside of town. Each pair of units share a driveway and septic system, with a total of two septic tanks on the property. There's also a beautiful pond and room to add a 5th trailer to the right of it. The 4th unit is currently occupied by a family member and brings in $300/month, but there's potential for higher rent upon accepted offer. Call me to discuss that situation further. Don't miss out on this opportunity! The location is showing up incorrect on Zillow, Realtor.com, and other websites. This property is located right off of Bethleham Lane in Marion, IL.

Type:
Cluster
Sq.Ft.:
2,297
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
EB454230

ADDITIONAL INFORMATION

Investors, this is a duplex that used to be a 4plex, I've made a whole first floor apt and a whole 2nd floor apt. 3 bedrooms, 2 full bathrooms, living room, dining room, laundry closet, kitchen on each floor, 1st floor even has an extra den/sunroom off the master bedroom. 2,297 sq ft total. 4 car carport. Architectural layout in photos. It has new roof, rebuilt whole roof on front porch, new windows, new siding, 80% PEX plumbing complete, 100% new electrical throughout and from street currently working and still being completed, and much more noted in the documents section! At the asking price plus estimated $35,000 to complete it you would have $150,000 in it. Rented it should bring over $26,000 per year. Based on the cap rate and the past 2 years of multi-family sold comps, it should have a resale value when rented at $180,000 - $200,000. If that isn't enough profit, rent it out for 6 years then sell it for that price and you'll make over $150,000 profit. Additionally, the carport could be relocated on south to make room for building two additional townhomes on the back of the property. This could really be an income producer!

Type:
Cluster
Sq.Ft.:
8,360
Status:
Active
Beds:
n/a
Year built:
2018
Baths:
MLS#:
EB452803
Subdivision:
Griggs & Bracy

ADDITIONAL INFORMATION

Great Location at the corner of Fair and Thompson There are 8 units in all (2 four plex's). Each unit has approx 1045 sq ft. All units are the same floor plan. Open living/dining/kitchen, 2 bedrooms & 2 full baths. Master baths have walk in showers 1 car garage plus room for 2 cars on concrete pad. Garages have pull down ladder for attic storage. Flooring is luxury vinyl. Great room (Kitchen/living) is 15'4 x 25. Bedrooms approx 11x12 and 11 x 15. Small Patio in back with a semi private partition. Some units are month to month, some still with a lease. Rents: 1 at $950; 1 at $975; 2 at $1,000. and 4 at $1025.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Copyright © 2024 RMLS Alliance. All rights reserved.




Marion Real Estate

The median home value in Marion, IL is $137,500. This is higher than the county median home value of $124,100. The national median home value is $338,100. The average price of homes sold in Marion, IL is $137,500. Approximately 55.2% of Marion homes are owned, compared to 34.45% rented, while 10.35% are vacant. Marion real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marion real estate agent to arrange a tour today!

Marion, Illinois 62959 has a population of 16,960. Marion 62959 is less family-centric than the surrounding county with 22.81% of the households containing married families with children. The county average for households married with children is 26.32%.

The median household income in Marion, Illinois 62959 is $46,515. The median household income for the surrounding county is $54,682 compared to the national median of $69,021. The median age of people living in Marion 62959 is 40.5 years.

Marion Weather

The average high temperature in July is 87.6 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 46.5 inches per year, with 12 inches of snow per year.

Marion Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    185
    30-day change

Marion Schools and Demographics

Education near Marion, IL

Metric City County
High School Graduates 94.18 92.69
College Degree - 2 year 10.77 10.81
College Degree - 4 year 25.51 26.62
Graduate Degree 6.75 7.39
Expenditures per Student 13,089 13,089
Students per Teacher 16.7 16.7

Elementary Schools near Marion, IL

School Grades Students P/T Ratio ZIP
Crab Orchard Elementary School PK - 08 362 25.9 62959
Jefferson Elementary School PK - 05 322 19.5 62959
Jefferson Elementary School PK - 02 308 21.2 62951
Lincoln Elementary School PK - 05 604 16.7 62959
Lincoln Elementary School 03 - 04 157 19.6 62974
Longfellow Elementary School PK - 05 358 17.3 62959
Washington Elementary School PK - 05 604 15.3 62959

Middle Schools near Marion, IL

School Grades Students P/T Ratio ZIP
Marion Junior High School 06 - 08 779 15 62959
Washington Elementary School 05 - 08 371 19.9 62951

High Schools near Marion, IL

School Grades Students P/T Ratio ZIP
Crab Orchard High School 09 - 12 146 12.4 62959
Johnston City High School 09 - 12 326 17.3 62951
Marion High School 09 - 12 1,099 14.3 62959

Ungraded Schools near Marion, IL

School Grades Students P/T Ratio ZIP
* Williamson County Learning Center 09 - 12 22 5.5 62959
Project Echo 06 - 12 75 14.3 62951

Demographics near Marion, IL 62959

Metric Zip Code City
Neighborhood Type Suburban
Population 16,960 67,271
Population Density 1,029 160
Median Age 40.5 41.1
People per Household 2.1 2.3
Median Household Income 46,515 54,682
Average Income per Capita 32,597 31,295