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Sold for $72,500
  • $72,500

    640 S Prospect St, Marion, OH 43302

    --beds
    0baths
    --sqft
    Duplex
    Built in 1910
    -- sqft lot
    $109,200 Zestimate®
    $--/sqft
    $1,209 Estimated rent

    Home value

    $109,200

    $78,000 - $149,000

    $1,209/mo

    Zestimate® history
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    $1,209/mo

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    $1,209/mo

    Rent Zestimate®

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    $371/mo

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    $371/mo

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    What's special

    Detached garage
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua D Cooper 740-341-2636,

    RE/MAX Revealty

    Bought with:

    Joshua D Cooper, 2021008773

    RE/MAX Revealty

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 225020081MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 9,583 Square Feet
    Details
    • Parcel number: 123060002900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Location
    • Region: Marion

    Financial & listing details

    • Tax assessed value: $124,970
    • Annual tax amount: $1,676
    • Date on market: 6/5/2025
    • Listing terms: FHA,Conventional

    Price history

    DateEventPrice
    9/29/2025Sold$72,500-9.3%
    Source: Columbus and Central Ohio Regional MLS #225020081 Report a problem
    8/7/2025Price change$79,900-11.1%
    Source: Columbus and Central Ohio Regional MLS #225020081 Report a problem
    7/22/2025Price change$89,900-10%
    Source: Columbus and Central Ohio Regional MLS #225020081 Report a problem
    6/5/2025Listed for sale$99,900
    Source: Columbus and Central Ohio Regional MLS #225020081 Report a problem
    4/1/2025Listing removed$99,900
    Source: Columbus and Central Ohio Regional MLS #224031077 Report a problem
    2/18/2025Price change$99,900-9.1%
    Source: Columbus and Central Ohio Regional MLS #224031077 Report a problem
    1/2/2025Listed for sale$109,900
    Source: Columbus and Central Ohio Regional MLS #224031077 Report a problem
    12/14/2024Listing removed$109,900-4.4%
    Source: Columbus and Central Ohio Regional MLS #224031077 Report a problem
    11/1/2024Price change$114,900-8%
    Source: Columbus and Central Ohio Regional MLS #224031077 Report a problem
    9/3/2024Listed for sale$124,900+131.7%
    Source: Columbus and Central Ohio Regional MLS #224031077 Report a problem
    9/3/2020Sold$53,900-32.5%
    Source: Public Record Report a problem
    11/11/2016Listing removed$79,900
    Source: ERRINGTON REALTY, LLC #47763 Report a problem
    5/21/2016Listed for sale$79,900
    Source: ERRINGTON REALTY, LLC #47763 Report a problem
    8/1/2015Listing removed$79,900
    Source: ERRINGTON REALTY, LLC #47763 Report a problem
    6/5/2015Listed for sale$79,900
    Source: ERRINGTON REALTY, LLC #47763 Report a problem
    4/1/2015Listing removed$79,900
    Source: ERRINGTON REALTY, LLC #47763 Report a problem
    11/11/2014Listed for sale$79,900
    Source: ERRINGTON REALTY, LLC #47763 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,676 +0%$43,740
    2023$1,675 -33.1%$43,740
    2022$2,505 +18.5%$43,740 +23.8%
    2021$2,114 -3%$35,330
    2020$2,179 +60.2%$35,330
    2019$1,360 -16.9%$35,330 +2.9%
    2018$1,637 +13.9%$34,330
    2017$1,436 -4.6%$34,330
    2016$1,506 +13%$34,330 +2.2%
    2015$1,332 -9.1%$33,580
    2014$1,465 +10.1%$33,580
    2013$1,331 +2.5%$33,580 +3.4%
    2012$1,299 +0.1%$32,470
    2011$1,297 +2.3%$32,470
    2010$1,269 -4.9%$32,470 -6.5%
    2009$1,334 $34,730
    Find assessor info on the county website

    Neighborhood: 43302

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $109,200
    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
    $109,200