Marion, OH Multifamily Properties for Sale

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Found 27 multifamily properties for sale in Marion, OH, averaging $101/sq ft. Use valuation data to compare deals faster.

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Updated: Jun 26

Vacant Duplex with Attached Garage

557 Summit Street, Marion, OH 43302

$159,900

1,913 sqft 0.21 AC lot

Vacant duplex in Marion with two separate units totaling 1,913 SF, ready for leasing or owner‑occupancy
Downstairs unit: 2 bedrooms and 1.5 baths; upstairs unit: 1 bedroom and 1 bath
Both units are fully vacant, offering a clean slate for new tenants and rent‑setting
Previous tenants paid combined $1,100/month and covered all utilities
2‑car attached garage plus 0.21‑acre lot

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This listing looks promising.

Here's a quick look at some key insights for

557 Summit Street, Marion, OH 43302

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Est. Cap Rate

4.1%
NOI ÷ price
Est. NOI

$6K
Annual
Price @ 7% Cap

$93K
Suggested
Property Type

Duplex
Built 1910

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Updated: May 12

Mobile Home Park with 32 Pads

1015 N Main Street, Marion, OH 43302

$399,000

1.75 AC lot

1.75‑acre mobile home park with 32 pads
Five park‑owned single‑wide homes included; titles are in hand
Three occupied pads; all vacant pads can accept trailers
Built in 1950; county records indicate renovation in 2007
City water and city sewer serve the community

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Two-Unit Duplex with Updated Systems

885 Mt Vernon Avenue, Marion, OH 43302

$219,900

0.17 AC lot

Fully rented duplex with separate utility responsibility and central air conditioning.

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Duplex With Fenced Backyard

389-391 Oak Street, Marion, OH 43302

$174,900

0.09 AC lot

Each unit includes three bedrooms and one bathroom, with one currently vacant for flexible occupancy.

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Two-Unit Duplex with Separate Entrance

229 W Columbia Street, Marion, OH 43302

$114,900

0.04 AC lot

Two-level duplex with a two-bedroom apartment, an efficiency unit, public utilities, and forced-air heating.

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Duplex With Private Garages

Marion, OH 43302

$214,900

0.26 AC lot

Two-unit property with separate driveways, private garages, and month-to-month occupancy.

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Duplex with Updated Interiors

304 North State Street, Marion, OH 43302

$274,900

2,816 sqft

Two similarly configured units offer flexible owner-occupant and rental use with refreshed finishes throughout.

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Historic Multifamily Property

364 E Church Street, Marion, OH 43302

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6,537 sqft

Residentially zoned property near Marion’s downtown business district.

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Remodeled Duplex with Tax Abatement

408-410 Pearl Street, Marion, OH 43302

$280,000

2,304 sqft

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

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42-Unit Apartment Building

288319 288-319 Owens St, Marion, OH 43302

$3,200,000

Apartment complex with insulated construction supporting efficient heating across the property.

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Updated Duplex with Fenced Yard

389391 389-391 Oak St, Marion, OH 43302

$174,900

Two three-bedroom units provide separate entrances and flexible owner-occupancy or rental use.

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Duplex with Historic Character

318320 318-320 E Center St, Marion, OH 43302

$159,900

Two residences offer distinct living and dining areas within a convenient downtown-adjacent setting.

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Two-Building Apartment Property

255 S State Street, Marion, OH 43302

$399,900

Mixed unit layouts and recent improvements support continued multifamily use at this residential income property.

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Two-Unit Duplex with Separate Entry

229 W Columbia St, Marion, OH 43302

$114,900

Available now with distinct apartment layouts and an additional rear access point.

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Duplex with Office-Ready Layout

1148 E Center St, Marion, OH 43302

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2,900 sqft

Two-level property on a corner lot with office buildout elements, kitchens on each floor, and blacktop parking for 8 cars.

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Marion Duplex: Investor Opportunity

389-391 Oak Street, Marion, OH 43302

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Well-maintained duplex with long-term tenants, updated systems, and income potential.

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Renovated Quadplex

551 S Main Street, Marion, OH 43302

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Renovated multifamily property with a Certificate of Occupancy and CRA tax abatement.

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Mixed-Use Triplex Income Property

645 Indiana Avenue, Marion, OH 43302

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Historic three-unit building with two upstairs one-bedroom apartments and a main-level unit currently used as an apartment.

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12-Unit Apartment Building

219 West Church Street, Marion, OH 43302

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Downtown apartment property with a defined one- and two-bedroom unit mix and ongoing interior improvements.

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Triplex with Off-Street Parking

561 N State St, Marion, OH 43302

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Three one-bedroom residences include private baths, kitchen appliances, and access to a shared backyard.

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Marion Duplex: Investor Opportunity

469 N Prospect Street, Marion, OH 43302

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

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Up-and-Down Duplex Investment

727 E Church St, Marion, OH 43302

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Rented up-and-down duplex with two 2-bedroom, 1-bath units and an additional 2-bedroom, 1-bath unit above the garage.

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Two-Unit Duplex with Attic Access

545 Pearl Street, Marion, OH 43302

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The upper residence includes an accessible attic area above its second-floor living space.

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Occupied Income-Producing Duplex

374 Nunin Court #376, Marion, OH 43302

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Two-unit residential property with both sides currently leased and an indicated cap rate near 9%.

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Marion, OH Multifamily Properties Market Trends and Statistics

Explore 55 multifamily properties for sale in Marion, OH, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 16,470 square feet of properties for sale, with an estimated market value of $5,888,000.

Sale prices for multifamily properties in Marion, OH start at $114,900, averaging $452,923, and reaching up to $3,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 55K

Population Growth (5Y) +1.0%

Median Household Income $53,833

College Educated 4.5%

High-Yield Neighborhoods for Investment

Identify Marion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
43302	$193K

Taxes & Financing

Tax Rate (average for all types) 5.47%

Property Tax per SF $87.90 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Marion fall within the 5,000 to 10,000 square foot range.

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