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Marion Duplex: Investor Opportunity
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469 N Prospect Street, Marion, OH 43302

Well-maintained duplex in Marion, Ohio with steady rental income.

Property SizeContact for details
Days on Market593

Property Features for 469 N Prospect Street

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1943
Units 2
Listing Agency: Ohio Property Group, LLC
Listed By: Glen Whitten · License #2002023149
Source: Crexi
Added: Jan 23, 2025 Changed: Aug 26 Last Checked: Sep 8 at 3:29AM

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 Ohio Property Group, LLC

Investment Insights

Based on property information with market context.

This well-maintained duplex presents an investment opportunity. The property features two units, each with separate entrances. The downstairs unit has 2 bedrooms and 1 bath and is currently rented for $825 per month with a lease renewal in September 2025. The upstairs unit also has 2 bedrooms and 1 bath and is currently rented for $800 per month with a lease renewal in January 2026. The owner is responsible for sewer expenses, which average $55 per month combined for both units.

Key Highlights

  • Reliable income‑generating duplex.
  • Two units with separate entrances.
  • Downstairs unit rented for $825/month (lease renews Sept 2025).

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Accounting Firm Skin Care Clinic Bakery Computer & Electronic Repair Kitchen & Bath Showroom

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

733
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 - Well-maintained duplex in Marion, Ohio with steady rental income.
Where is this duplex located?
The property is located at 469 N Prospect Street Marion, OH.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Reliable income‑generating duplex.; Two units with separate entrances.; Downstairs unit rented for $825/month (lease renews Sept 2025).
(419) 423-0080 Call to check price and availability
More about this property
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