389-391 Oak Street, Marion, OH 43302

Marion
Local realty services provided by:ERA Martin & Associates
389-391 Oak Street,Marion, OH 43302
$194,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: colby lemanton
Office: signature real estate
MLS#:226007678
Source:OH_CBR

Price summary

  • Price:$194,900

About this home

Attention Investors and Owner-Occupants! This well-maintained duplex offers a fantastic opportunity for investors seeking steady rental income or for buyers looking to live in one unit while letting the other help pay the mortgage. The property features separate entrances for each unit and a fully fenced backyard, providing privacy and functional outdoor space. Each unit offers 3 bedrooms and 1 bathroom. Unit 1 is currently rented for $1,200 per month with a long-term tenant in place since 2015, providing reliable income from day one. Unit 2 is currently rented for $850 per month with potential for future rental upside. Key updates include a roof replaced in 2015, furnaces updated in 2022 and 2017, and hot water tanks replaced in 2014 and 2021. The owner currently pays sewer, which averages approximately $90 per month combined for both units, while tenants pay all other utilities. Seller is willing to assist with closing costs, and lenders with down payment assistance programs...

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Home facts

  • Year built:1900
  • Listing ID #:226007678
  • Added:16 day(s) ago
  • Updated:March 31, 2026 at 02:46 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Lot area:0.09 Acres

Finances and disclosures

  • Price:$194,900
  • Tax amount:$992
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.

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