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Duplex With Fenced Backyard
For Sale
$174,900

389-391 Oak Street, Marion, OH 43302

Multi-Family, Marion, OH

Property SizeContact for details
Lot Size0.09 Acres
Days on Market228

Property Features for 389-391 Oak Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Rooms Bedroom 4, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3
Elementary school district MARION CSD 5102 MAR CO.
Middle school district MARION CSD 5102 MAR CO.
High school district MARION CSD 5102 MAR CO.
Standard status Active
APN 12-2050005.600
Lot size 0.09 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 992

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1900
Number of units 2
Listing Agency: Signature Real Estate
Listed By: Colby LeManton
Added: Mar 14 Changed: Oct 27 Last Checked: Oct 27 at 9:06AM
MLS# 226007678

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

Located at 389-391 Oak Street in Marion, Ohio, this duplex was built in 1900 and contains two separately accessed units. Each unit has three bedrooms and one bathroom, providing a consistent layout across the property. A fully enclosed backyard adds private outdoor space for the occupants.

One unit has a long-term tenant who has occupied the property since 2015, while the second unit is vacant and available for occupancy. Recent improvements include a roof replacement in 2015, furnace updates in 2022 and 2017, and hot water tank replacements in 2014 and 2021. The owner pays sewer service for both units, while tenants are responsible for other utilities. The property is served by public water and public sewer and sits on 0.09 acres.

Key Highlights

  • Two‑unit duplex at 389‑391 Oak Street in Marion, OH 43302
  • Each unit has 3 bedrooms and 1 bathroom
  • One unit occupied by a long‑term tenant since 2015; the second unit is vacant

Property Analytics

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Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

908
Businesses Nearby

Demographics for 43302, OH

54,094
Population
22,483
Households
2.4
Avg Household Size
41
Median Age
13%
College-Educated
88%
High-School Grad
195.0 sq mi
ZIP Area
277
Density / Sq Mi
$53,833
Median Household Income
$36,816
Median Earnings
$853
Median Rent
$139,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each unit includes three bedrooms and one bathroom, with one currently vacant for flexible occupancy.
Where is this duplex located?
The property is located at 389-391 Oak Street Marion, OH.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Two‑unit duplex at 389‑391 Oak Street in Marion, OH 43302; Each unit has 3 bedrooms and 1 bathroom; One unit occupied by a long‑term tenant since 2015; the second unit is vacant
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