Skip main navigation
Contingent
  • $399,900

    255 S State St, Marion, OH 43302

    --beds
    0baths
    --sqft
    : 
    $2,835/mo
    Get pre-qualified
    Mixed Use
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New roof
    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.
    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#: 226026615MLS Logo

      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

        DateEventPrice
        7/23/2026Contingent$399,900
        Source: Columbus and Central Ohio Regional MLS #226026615 Report a problem
        7/16/2026Listed for sale$399,900+128.5%
        Source: Columbus and Central Ohio Regional MLS #226026615 Report a problem
        9/28/2023Sold$175,000-22.2%
        Source: Columbus and Central Ohio Regional MLS #223025365 Report a problem
        9/28/2023Pending sale$225,000
        Source: Columbus and Central Ohio Regional MLS #223025365 Report a problem
        8/20/2023Listing removed--
        Source: Columbus and Central Ohio Regional MLS #223025365 Report a problem
        8/8/2023Listed for sale$225,000
        Source: Columbus and Central Ohio Regional MLS #223025365 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 43302

        Getting around

        68 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts