457 Greenwood St Marion, OH 43302
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.
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.