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Sold for $297,000
  • $297,000

    551 S Main St, Marion, OH 43302

    --beds
    0baths
    --sqft
    Condominium
    Built in 1920
    -- sqft lot
    $298,100 Zestimate®
    $--/sqft
    $1,301 Estimated rent

    Home value

    $298,100

    Estimated sales range

    Not available

    $1,301/mo

    Zestimate® history
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    $1,301/mo

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    $1,864/mo

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    What's special

    New roof
    Investor Opportunity in the Heart of Marion! Don't miss this fully updated 4-unit income-producing property located at 551-553 S Main St in Marion, Ohio. With 2 - 2 bed units and 2 - 1 bed units this property has currently generated $3,550/month in rental income. This turnkey investment is already ready to start cash flowing from day one! New roof, windows, flooring, paint, lighting, kitchens, bathrooms, and appliances. This property has been thoughtfully renovated and inspected, including a Certificate of Occupancy from the Marion Building and Fire Departments as a 4-unit property, giving you peace of mind and minimizing future maintenance concerns. Even better, it benefits from a Community Reinvestment Area (CRA) tax abatement, helping maximize your return by significantly reducing property taxes for the next 9 years. Situated in a desirable neighborhood with strong rental demand, this location is close to quality schools, local amenities, and major conveniences, making it attractive to long-term tenants. Whether you're a seasoned investor or just getting started, this is a rare opportunity to own a stabilized, income-generating asset with built-in tax advantages!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Massey 740-361-3889,

    Generations Realty

    Bought with:

    Alexis King, 2014004448

    Generations Realty

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 226010254MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 123050013.100
    • Zoning description: C-1B
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Condominium
    Condition
    • Year built: 1920

    Utilities & green energy

    • Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available

    Community & neighborhood

    Location
    • Region: Marion

    Other

    Other facts
    • Listing terms: Other,Conventional

    Price history

    DateEventPrice
    5/29/2026Sold$297,000-1%
    Source: Columbus and Central Ohio Regional MLS #226010254 Report a problem
    5/5/2026Contingent$299,900
    Source: Columbus and Central Ohio Regional MLS #226010254 Report a problem
    4/3/2026Listed for sale$299,900
    Source: Columbus and Central Ohio Regional MLS #226010254 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 43302

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $298,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $298,100