$99,900

640 S Prospect Street, Marion, OH 43302

  • Property Icon Duplex
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
June 5, 2025 at 05:00AM
Listing Office:
RE/MAX Revealty : 614-505-7438
Listing Agent:
Joshua D Cooper : 740-341-2636
MLS ID:
225020081
  • General: Vinyl Siding

This listing courtesy of Joshua D Cooper, RE/MAX Revealty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Benjamin Harrison Elementary School

625 Brightwood Dr, Marion, OH, 43302

Grades PK-5

0.69 miles away

U

Ulysses S. Grant Middle School

420 Presidential Dr, Marion, OH, 43302

Grades 6-8

0.60 miles away

H

Harding High School

1500 Harding Hwy E, Marion, OH, 43302

Grades 9-12

2.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby