775 Bennett St Marion, OH 43302
This exceptional three-unit apartment building, located at 775 Bennett Street in Marion, Ohio, presents a compelling investment opportunity. Built in 1910 and extensively renovated in 2021, this property sits on a 4,791.6 square foot lot and offers a mix of spacious living spaces. The building comprises one three-bedroom unit and two two-bedroom units, all currently occupied and generating a combined monthly income of approximately $2,300. The asking price is $199,900, translating to a price per square foot of $67.90. This translates to a strong return on investment, given the relatively low operating expenses. The property's location in Marion, Ohio, within the 43302 zip code, offers convenient access to local amenities and services. The 2021 renovation ensures the units are in excellent condition, minimizing the need for immediate capital expenditures. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a stable and profitable addition to their portfolio. The property's strong rental history and current occupancy rates further enhance its appeal. This triplex represents a rare opportunity to acquire a well-maintained, income-generating property in a desirable location.
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
Similar Nearby for Lease
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.