640 S Prospect Street, Marion, OH 43302
Duplex
Built in 1910
9,583sqft lot
—— car garage
$——/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Benjamin Harrison Elementary School
625 Brightwood Dr, Marion, OH, 43302
Grades PK-5
0.69 miles away
Ulysses S. Grant Middle School
420 Presidential Dr, Marion, OH, 43302
Grades 6-8
0.60 miles away
Harding High School
1500 Harding Hwy E, Marion, OH, 43302
Grades 9-12
2.35 miles away