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Property profile & analytics
OFF-MARKET
Apartment buildings

351 Prospect St Marion, OH 43302

Built 1926
Property ID
US66-2963604
Property summary
AI-generated overview

This charming 1926 duplex located at 351 S Prospect Street in Marion, Ohio, presents a compelling investment opportunity. The property boasts a total of two units, offering immediate rental income potential. One unit features one bedroom and one bathroom, while the other unit offers two bedrooms and one bathroom. The two-bedroom unit is currently occupied by a tenant, generating immediate cash flow for the new owner. Situated on a sizable 4,791.6 square foot lot, this property offers ample space and potential for future development or upgrades. The asking price is $64,900, translating to a price per square foot of $36.79. This represents a strong value proposition in the Marion, Ohio market. The property's address is 351 S Prospect Street, Marion, OH 43302. This is a rare opportunity to acquire a well-located, income-producing property in a desirable area. The property's historical character adds to its unique appeal, offering a blend of charm and investment potential. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for multifamily use.

Property profile
Verified
Property type Apartment buildings
Year built 1926
UPID US66-2963604
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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