1430 Jeffras AveMarion, IN 46952
For Sale
$499,000
Seven-unit rental portfolio, high NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 90
Highlights
- Seven-unit rental portfolio in Marion and Gas City, Indiana, offering a $68,100 annual NOI and a 13.65% cap rate.
- Asking price: $499,000 ($71,285 per unit).
- Class B properties with consistent rental income.
- Tenants pay all utilities and landscaping.
- 423 E South D St, Gas City, IN: Duplex with a 3 bed/2 bath unit ($1,200/month) and a 1 bed/1 bath unit ($700/month).
- 208 N Meridian St, Marion, IN: 2 bed/1 bath, $675/month.
Property Details for 1430 Jeffras Ave
- Property type
- Multifamily properties, Residential income homes
- Class
- B
- Units
- 7
Location Insight
- City
- Marion
- County
- Grant
- State
- Indiana
- Latitude
- 40.4843121
- Longitude
- -85.6074461
1430 Jeffras Ave, Marion, Indiana
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