351 Prospect St Marion, OH 43302
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.
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
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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.