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Updated Duplex with Fenced Yard
For Sale
$174,900

389391 389-391 Oak St, Marion, OH 43302

Two three-bedroom units provide separate entrances and flexible owner-occupancy or rental use.

Property SizeContact for details
Days on Market29

Property Features for 389391 389-391 Oak St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1900
Listing Agency: Signature Real Estate
Listed By: Colby LeManton · License #2016002181
Source: Dreamcolumbus
Added: Aug 3 Changed: Aug 29 Last Checked: Aug 30 at 8:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Real Estate

Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains two three-bedroom, one-bathroom units with individual entrances and a fully enclosed backyard. The layout supports separate household living, with one residence occupied by a long-term tenant and the other currently available for occupancy or leasing.

Recent capital improvements include a roof replacement in 2015, furnace updates completed in 2022 and 2017, and hot water tank replacements in 2014 and 2021. The property is located at 389-391 Oak St in Marion, Ohio. The owner covers sewer service for both units, while residents are responsible for the remaining utilities.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 bathroom in each residence
  • Separate entrances provide independent access for both units
  • Unit 1 has been occupied by the same tenant since 2015

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Bakery Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

311
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units provide separate entrances and flexible owner-occupancy or rental use.
Where is this duplex located?
The property is located at 389391 389-391 Oak St 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 with 3 bedrooms and 1 bathroom in each residence; Separate entrances provide independent access for both units; Unit 1 has been occupied by the same tenant since 2015
More about this property
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