255 S State Street
Marion, OH 43302
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Bed
0
Bath
0.16Acre(Lot)
Excellent investment opportunity featuring six apartment units across two buildings. The main building offers four 2-bedroom units, while the separate building includes two 1-bedroom units, providing a desirable unit mix for a variety of tenants. The property has seen numerous updates in recent years, including a new roof and renovations throughout the majority of the units. Currently, 4 of the 6 units are occupied, providing immediate rental income, while 2 vacant units offer convenient access for showings and the opportunity for a new owner to lease at current market rates. One vacant unit is move-in ready, while the other presents a value-add opportunity with cosmetic improvements. Whether you're looking to expand your portfolio or purchase your first multifamily investment, this
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas
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Building Information
Year Built: 1900 Construction Materials: Frame Private Pool: No
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Lot Information
Main Square Feet: 0.16 Lot Size Acres: 0.16 Lot Size Square Feet: 6969.6
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Listing Price Information
Listing Price: $399900
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Tax Information
Parcel Number: 12-4020002.900 Tax Year: 2025 Annual Tax: $2872
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Garage Information
Has Garage: Yes
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Utility Information
Natural Gas Available, Water Available, Sewer Available, Electricity Available -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3172 E River Road, Marion, OH, 43302 | $454,900 | 4 | 3 | 4,052 | 4,052 SqFt |
| 1920 Whetstone River Road, Marion, OH, 43302 | $390,000 | 3 | 3 | 1,934 | 1,934 SqFt |
| 2248 Olympia Drive, Marion, OH, 43302 | $420,000 | 3 | 2 | 2,210 | 2,210 SqFt |
| 1004 Adare Road, Marion, OH, 43302 | $357,500 | 4 | 2 | 1,408 | 1,408 SqFt |
| 1849 Richland Road, Marion, OH, 43302 | $250,000 | 3 | 2 | 1,591 | 1,591 SqFt |
| 680 Eton Street, Marion, OH, 43302 | $519,900 | 5 | 3 | 2,801 | 2,801 SqFt |
| 2060 Marion Williamspor.., Marion, OH, 43302 | $235,000 | 3 | 2 | 1,724 | 1,724 SqFt |
| 2056 Lehner Avenue, Marion, OH, 43302 | $259,900 | 3 | 1 | 1,255 | 1,255 SqFt |
| 2029 Chapel Heights Road, Marion, OH, 43302 | $245,000 | 3 | 2 | 1,480 | 1,480 SqFt |
| 4446 Buckeye Run Road, Marion, OH, 43302 | $429,900 | 4 | 2 | 1,920 | 1,920 SqFt |
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ByOwner last updated this listing 07/18/2026 @ 01:04
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