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Remodeled Duplex with Tax Abatement
For Sale
$280,000

408-410 Pearl Street, Marion, OH 43302

Two fully updated residential units offer spacious layouts near Downtown Marion with central air and forced-air heating.

Property Size2,304 SF
Price / SF$121.53
Days on Market116

Property Features for 408-410 Pearl Street

General Information

Standard status Active
Size 2,304 SF
Property subtype Multi-Family / Duplex

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,275

Amenities

Central Air
Forced Air
Gas
Yes

Building Details

Year Built 1914
Buildings 1
Listing Agency: Generations Realty
Listed By: Chris Massey · License #2023006455
Source: Compass
Added: May 9 Changed: Aug 30 Last Checked: Aug 30 at 5:52PM

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 Generations Realty

Investment Insights

Based on property information with market context.

This duplex at 408-410 Pearl Street contains two residential units, each arranged with 4 bedrooms and 2 full bathrooms. The property has been remodeled and includes central air, forced-air heating, and gas service. Built in 1914, it combines an established structure with updated interiors and substantial living space across the property.

The address is located near Downtown Marion, placing the property minutes from restaurants, shopping, entertainment, employers, and community events. A 10-year tax abatement is also associated with the property, providing an additional ownership consideration for investors or an owner-occupant. The two-unit configuration supports separate household occupancy within a single residential asset.

Key Highlights

  • Two‑unit duplex with 4 bedrooms and 2 full bathrooms in each unit
  • Remodeled property with updated interiors
  • Central air and forced‑air heating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Computer & Electronic Repair Accounting Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

896
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 fully updated residential units offer spacious layouts near Downtown Marion with central air and forced-air heating.
Where is this duplex located?
The property is located at 408-410 Pearl Street Marion, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 full bathrooms in each unit; Remodeled property with updated interiors; Central air and forced‑air heating
More about this property
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