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 property has to offer.
Contingent
$399,900
255 S State St, Marion, OH 43302
--beds
0baths
--sqft
Mixed Use
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New roof
- 62 days
- 57
- 2
Zillow last checked:
Listing updated:
Listed by:
Blair Rowland 740-725-4400,
Generations Realty
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226026615
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 124020002.900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Location
- Region: Marion
Financial & listing details
- Annual tax amount: $2,872
- Date on market: 7/16/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Contingent | $399,900 |
Source: | ||
| 7/16/2026 | Listed for sale | $399,900+128.5% |
Source: | ||
| 9/28/2023 | Sold | $175,000-22.2% |
Source: | ||
| 9/28/2023 | Pending sale | $225,000 |
Source: | ||
| 8/20/2023 | Listing removed | -- |
Source: | ||
| 8/8/2023 | Listed for sale | $225,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







