255 S State Street, Marion, OH 43302

Local realty services provided by:ERA Martin & Associates
255 S State Street,Marion, OH 43302
$399,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: blair rowland
Office: generations realty740-389-5500
MLS#:226026615
Source:OH_CBR

Price summary

  • Price:$399,900

About this home

Excellent investment opportunity featuring six apartment units across two buildings. The main building offers four 2-bedroom units, while the separate building includes two 1-bedroom units, providing a desirable unit mix for a variety of tenants. The property has seen numerous updates in recent years, including a new roof and renovations throughout the majority of the units. Currently, 4 of the 6 units are occupied, providing immediate rental income, while 2 vacant units offer convenient access for showings and the opportunity for a new owner to lease at current market rates. One vacant unit is move-in ready, while the other presents a value-add opportunity with cosmetic improvements. Whether you're looking to expand your portfolio or purchase your first multifamily investment, this property offers an excellent combination of current cash flow, recent improvements, and upside potential. Schedule your showing today and explore the possibilities this versatile income-producing...

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Home facts

  • Year built:1900
  • Listing ID #:226026615
  • Added:1 day(s) ago
  • Updated:July 17, 2026 at 05:46 PM

Structure and exterior

  • Year built:1900
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$399,900
  • Tax amount:$2,872
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.