640 S Prospect Street, Marion, OH 43302

Local realty services provided by:ERA Martin & Associates
#1#2
640 S Prospect Street,Marion, OH 43302
$79,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:joshua d cooper
Office:re/max revealty
MLS#:225020081
Source:OH_CBR

Price summary

  • Price:$79,900

About this home

INVESTOR ALERT! Here's your chance to pick up a fully occupied duplex in Marion, Ohio with immediate cash flow and plenty of room to add value. 640 S Prospect St features two 2-bedroom, 1-bath units currently rented at $475 per unit ($950/month total). Long-term tenants are in place, providing stable income from day one. The property does need some TLC—the detached garage roof needs attention, some windows require repair, and overall cosmetics could use a refresh. That's why we've priced this opportunity to reflect the condition and upside potential. The Upside: Marion market rents for similar units are $650-$750/month per side after updates Future cash flow could exceed $1,300-$1,500/month gross rents Separate utilities already in place Easy value-add by cleaning up and increasing rents on turnover.

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Home facts

  • Year built:1910
  • Listing Id #:225020081
  • Added:345 day(s) ago
  • Updated:August 07, 2025 at 05:39 PM

Structure and exterior

  • Year built:1910
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$79,900
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