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Property profile

457 Greenwood St Marion, OH 43302

OFF-MARKET
Apartment buildings
Property ID
US66-2983383
Built 1920
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Property summary

AI-generated overview

This fantastic investment opportunity, or ideal house-hack property, is located on a quiet street in a desirable Marion, Ohio neighborhood. The property, built in 1920, sits on an expansive 11,761.2 square foot lot and features two separate rental units. The first-floor unit boasts one bedroom and one bathroom, along with a full basement, and is currently leased for $625 per month. The upper-level unit offers two bedrooms and one bathroom, complemented by a balcony and a three-season room, and commands a monthly rent of $750. Both units include convenient in-unit laundry hookups. Ample off-street parking is available for residents and guests. This property presents a strong cash flow potential with its established rental income and desirable location. The property's size and layout offer flexibility for both investors seeking rental income and owner-occupants looking to house-hack. The asking price is $119,500. This is a rare opportunity to acquire a well-maintained multifamily property in a sought-after area. Don't miss out on this exceptional investment or owner-occupancy opportunity.

Property profile

Verified
Property type Apartment buildings
Year built 1920
UPID US66-2983383

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

457 Greenwood St Marion, OH 43302
Marion metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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