551 S Main Street, Marion, OH 43302
551 S Main Street, Marion, OH 43302
551 S Main Street, Marion, OH 43302
57
$297,000
$299,900
1.0%
Est.Price: ?

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6,098 Sqft Lot

551 S Main Street Marion, OH 43302

Est. payment /mo
SOLD DATE : 05/29/2026

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Key Details

Sold Price $297,000

Property Type Multi-Family

Sub Type Midrise

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 226010254

Sold Date 05/29/26

Year Built 1920

Annual Tax Amount $939

Lot Size 6,098 Sqft

Lot Dimensions 0.14

Property Sub-Type Midrise

Source Columbus and Central Ohio Regional MLS

Property Description

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!

Location

State OH

County Marion

Area 0.14

Zoning C-1B

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Marion Csd 5102 Mar Co.

School District Marion Csd 5102 Mar Co.

Others

Tax ID 12-3050013.100

Acceptable Financing Other, Conventional

Listing Terms Other, Conventional

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Listed by Chris Massey Generations Realty

NEARBY SCHOOLS & BUSINESSES

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Bob Jackson

Bob Jackson

Agent | OH & WV | License ID: 2012001434,WV0028109

+1(304) 280-1242

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