147 Blaine Ave Marion, OH 43302
This exceptional multifamily investment opportunity comprises a portfolio of 24 parcels encompassing 55 apartment units, strategically located within a 2-3 mile radius in Marion, Ohio. Built in 1910, this collection offers a compelling blend of history and income potential. The property boasts a strong 89% occupancy rate, demonstrating consistent rental demand. With a total lot size of 8,276.4 square feet, the portfolio presents a significant footprint in a desirable area. The asking price is $3,850,000, translating to a price per square foot of $2,336.17. Detailed rent rolls are available upon request, providing a transparent view of current income generation. This portfolio represents a rare chance to acquire a substantial, well-performing multifamily asset in a growing market. The convenient proximity of all units simplifies management and maintenance, maximizing efficiency and return on investment. This is an ideal opportunity for investors seeking to expand their holdings and capitalize on the robust rental market in Marion, Ohio. The property's strong occupancy rate and established rental income stream make it a particularly attractive proposition for experienced investors. Don't miss this chance to acquire a significant and profitable multifamily portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.