Active

389-391 Oak Street

Marion, OH 43302

$174,900 $737/Mo

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Overview

Bed

Bath

0.09

Acre(Lot)

Description

Attention Investors and Owner-Occupants! This well-maintained duplex offers a fantastic opportunity for investors seeking steady rental income or for buyers looking to live in one unit while letting the other help pay the mortgage. The property features separate entrances for each unit and a fully fenced backyard, providing privacy and functional outdoor space. Each unit offers 3 bedrooms and 1 bathroom. Unit 1 is currently rented for $1,200 per month with a long-term tenant in place since 2015, providing reliable income from day one. Unit 2 is currently Vacant and ready to be owner occupied or rented. Key updates include a roof replaced in 2015, furnaces updated in 2022 and 2017, and hot water tanks replaced in 2014 and 2021. The owner currently pays sewer, which averages approximately $90 per month combined for both units, while tenants pay all other utilities. Seller is willing to assist with closing costs, and lenders with down payment assistance programs are available, making this a great opportunity for both seasoned investors and buyers looking to build equity while generating rental income. Please do not disturb tenants. Member of selling entity is a Licensed Real Estate agent.

Property Details

Property Type : Residential Income

Price : $174,900

AD Id : 76153385

MLS Id : 226007678

Lot Size : 0.09 Acre

Year Built : 1900

County : Marion

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas Cooling: None

Building Information

Year Built: 1900 Construction Materials: Vinyl Siding Private Pool: No

Lot Information

Main Square Feet: 0.09 Lot Size Acres: 0.09 Lot Size Square Feet: 3920.4

Listing Price Information

Listing Price: $174900 Original Price: $194900

Tax Information

Parcel Number: 12-2050005.600 Tax Year: 2025 Annual Tax: $992

Utility Information

Natural Gas Available, Water Available, Electricity Available
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
885 Mt Vernon Avenue, Marion, OH, 43302	$219,900	--	--	--
408-410 Pearl Street, Marion, OH, 43302	$280,000	--	--	--
229 W Columbia Street, Marion, OH, 43302	$124,900	--	--	--
354 Bellefontaine Avenue, Marion, OH, 43302	$69,900	--	--	--
138 Park Boulevard, Marion, OH, 43302	$44,900	8	6	3,584	3,584 SqFt

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Bed

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Sqft

Sqft(Lot)

389-391 Oak Street,
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ByOwner last updated this listing 06/17/2026 @ 18:52

MLS: 226007678 LISTED BY: Colby LeManton, Signature Real Estate 614-486-0101 SOURCE: Columbus and Central Ohio Regional MLS