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Marysville Duplex Investment Opportunity
For Sale
Contact for pricing
Pending

511 E 5th Street, Marysville, OH 43040

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

Property SizeContact for details
Days on Market156

Property Features for 511 E 5th Street

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Year Built 1918
Year Renovated 2025
Units 2
Listing Agency: Bell Hankins Realty Group, LLC
Listed By: Stanleigh Penhorwood · License #2026000062
Source: Crexi
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:42PM

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 Bell Hankins Realty Group, LLC

Investment Insights

Based on property information with market context.

This well-maintained duplex, located in Marysville, Ohio, presents an investment opportunity with two units. Unit A features 3 bedrooms and 1 bathroom, a full kitchen, a separate dining room, a spacious living room, and a dedicated laundry room. The first floor of Unit A has tall ceilings and large windows that provide abundant natural light. The upstairs area includes the bedrooms and bathroom. Unit B is a 1-bedroom, 1-bathroom unit with a studio-style kitchen and living area, laundry hookups in the closet, and tall ceilings. The property includes a large detached garage with a second-story storage area, an additional storage shed, a private driveway, and a spacious backyard. Unit A (3/1) is currently rented for $1,500 per month on a month-to-month lease, while Unit B (1/1) is rented for $850 per month on a yearly lease. The property generates $2,350 per month in rental income.

Key Highlights

  • Generates $2,350 per month in rental income.
  • Well‑maintained duplex with two units (3/1 and 1/1).
  • Large detached garage with second‑story storage.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Florist Locksmith Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,097
Businesses Nearby

Demographics for 43040, OH

35,853
Population
14,238
Households
2.5
Avg Household Size
37
Median Age
33%
College-Educated
94%
High-School Grad
166.3 sq mi
ZIP Area
216
Density / Sq Mi
$96,320
Median Household Income
$51,951
Median Earnings
$1,180
Median Rent
$275,700
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 with steady rental income in Marysville, Ohio.
Where is this duplex located?
The property is located at 511 E 5th Street Marysville, OH.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Generates $2,350 per month in rental income.; Well‑maintained duplex with two units (3/1 and 1/1).; Large detached garage with second‑story storage.
(937) 935-2450 Call to check price and availability
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