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Property profile & analytics
OFF-MARKET
Apartment buildings

147 Blaine Ave Marion, OH 43302

Built 1910
Property ID
US66-5570051
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1910
UPID US66-5570051
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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