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    482 King Ave Marion, OH 43302

    Picture of Duplexes at King Ave 482, Marion, OH
    For Sale
    $214,900

    MULTI_FAMILY - Marion, OH

    Lot size:
    0.26 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 482 King Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    12-4320100.900
    Lot size
    0.26 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1939
    Number of units
    2

    RE/MAX Revealty (614) 505-7438 [email protected]

    Listing agent Joshua D Cooper (740) 341-2636

    Listing date Oct 22, 2025

    MLS# 225033693 Listing URL

    Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marion Duplex: Cash Flow Ready

    This duplex, constructed in 1939, presents an investment opportunity with an existing cash flow of $24,600 per year. Tenants are currently in place on month-to-month leases, providing flexibility for rent adjustments or re-tenanting. The property consists of two units: one with 2 bedrooms and 2.5 bathrooms, and the other with 1 bedroom and 1 bathroom. Each unit has its own driveway and a private garage, potentially simplifying leasing and management. The property is located in Marion, OH, within Marion County, and has a lot size of 0.26 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.113043
    Latitude
    40.581604

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    FAQs

    What type of property is this?
    Duplex - Cash flowing duplex with tenant in place, flexible investment opportunity.
    Where is this duplex located?
    The property is located at 482 King Ave Marion, OH.
    What is the asking price?
    The asking price for this property is $214,900.
    What are key features of this property?
    This property features: - Currently cash flowing $24,600 annually.; - Tenants are in place and paying month-to-month.; - Duplex with one unit being **2-bed, 2.5-bath** and the other **1-bed, 1-bath**.
    (740) 341-2636
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    Marion, OH 43302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    482 King Ave Marion, OH 43302
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