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    557 Summit St Marion, OH 43302

    New
    Picture of Duplexes at Summit St 557, Marion, OH
    For Sale
    $159,900

    MULTI_FAMILY - Marion, OH

    Lot size:
    0.21 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 557 Summit St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    12-4320001.900
    Lot size
    0.21 Acres

    Building Details

    Year built
    1910
    Number of units
    2

    RE/MAX Revealty (614) 505-7438 [email protected]

    Listing agent Joshua D Cooper (740) 341-2636

    Listing date Dec 3, 2025

    MLS# 225044653 Listing URL

    Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Duplex in Marion, OH

    This vacant duplex in Marion, Ohio, presents an opportunity for investors or owner-occupants. The property features two separate units totaling 1,913 square feet, along with a 2-car attached garage. The downstairs unit includes 2 bedrooms and 1.5 bathrooms, while the upstairs unit has 1 bedroom and 1 bathroom. Both units are fully vacant. Situated on a 0.21-acre lot with public sewer, the location provides convenient access to Downtown Marion, shops, parks, and schools. The property offers potential for cash flow with immediate availability. Previous tenants paid a combined $1,100 per month and covered all utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.115261
    Latitude
    40.57982

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    FAQs

    What type of property is this?
    Duplex - Rent-ready duplex with income potential and a two-car garage.
    Where is this duplex located?
    The property is located at 557 Summit St Marion, OH.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Vacant duplex offers immediate income potential and flexibility.; - Two separate units (2 bed/1.5 bath & 1 bed/1 bath) totaling 1,913 sqft.; - Rare 2-car attached garage adds significant value.
    (740) 341-2636
    Request Owner's contact information
    557 Summit St Marion, OH 43302
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    Marion, OH 43302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    557 Summit St Marion, OH 43302
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