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Triplex with Detached Garage

481 Park Blvd, Marion, OH 43302

For Sale
$195,000

Three separate residences include a two-bedroom unit, a one-bedroom apartment, and an efficiency.

Property SizeContact for details
Days on Market12

Property Features for 481 Park Blvd

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,512

Building Details

Buildings 1
Listing Agency: Real of Ohio
Listed By: Elizabeth L Millisor
Source: Exprealty
Added: Oct 27 Changed: Nov 6 Last Checked: Nov 6 at 9:36AM

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 Real of Ohio

Rey
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Investment Insights

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This three-unit residential property contains a two-bedroom apartment with a living room, kitchen, and basement access, plus an upstairs one-bedroom unit and an efficiency. The one-bedroom unit has new carpeting and vinyl flooring, fresh paint, a large living room, and spacious closets. The efficiency was updated approximately two years ago, and its water heater was replaced approximately one year ago. Other work includes installation of many new windows, fresh paint on exterior trim and porches, and chimney tuckpointing.

The site includes a yard, three off-street parking spaces, and a detached 40-by-20-foot, two-car garage with additional storage space.

Key Highlights

  • Three residential units: one two‑bedroom, one one‑bedroom, and one efficiency
  • Detached 40' x 20' two‑car garage with storage space
  • Three off‑street parking spaces and a yard

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

533
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?
Triplex - Three separate residences include a two-bedroom unit, a one-bedroom apartment, and an efficiency.
Where is this triplex located?
The property is located at 481 Park Blvd Marion, OH.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Three residential units: one two‑bedroom, one one‑bedroom, and one efficiency; Detached 40' x 20' two‑car garage with storage space; Three off‑street parking spaces and a yard
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