Active

408-410 Pearl Street

Marion, OH 43302
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.08

Acre(Lot)

Turnkey Duplex Investment Opportunity Near Downtown Marion + 10-Year Tax Abatement! Welcome to 408-410 Pearl Street in Marion, Ohio, a fully remodeled duplex offering an exceptional opportunity for investors and owner-occupants alike. Conveniently located just minutes from Downtown Marion, tenants will enjoy easy access to restaurants, shopping, entertainment, employers, and community events, making this a highly desirable rental location. Each spacious unit features 4 bedrooms and 2 full bathrooms, providing the size and functionality that stand out in today's rental market. Completely renovated from top to bottom, this property offers the benefits of modern updates without the headaches of major repairs or renovations. With projected rents of $1,600 per month per side, investors have the potential to generate $3,200+ in monthly gross rental income. To make the opportunity even more attractive, the property qualifies for a 10-year tax abatement, creating substantial tax savings and boosting long-term cash flow potential. Whether you're an investor seeking a turnkey addition to your portfolio or a buyer looking to house hack by living in one unit while renting the other, this property offers a rare combination of size, location, income potential, and tax advantages. The rental income from one unit could significantly offset your mortgage and living expenses while allowing you to build equity and wealth through real estate ownership. Fully renovated, ideally located near downtown, and positioned for strong rental performance, 408-410 Pearl Street is the type of opportunity that doesn't come around often. Schedule your showing today and explore the possibilities this unique property has to offer.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $280,000

AD Id : 80303050

MLS Id : 226020379

Lot Size : 0.08 Acre

Year Built : 1914

County : Marion

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Room Information

    Has Basement: Yes
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1914 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.08 Lot Size Acres: 0.08 Lot Size Square Feet: 3484.8

  • Listing Price Information

    Listing Price: $280000 Original Price: $285000 FHA, Conventional

  • Tax Information

    Parcel Number: 12-3040201.900 Tax Year: 2025 Annual Tax: $1275

  • Utility Information

    Natural Gas Available, Water Available, Electricity Available
  • Location Information

    WaterSource: Public
Sell a home like this and save $16,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
885 Mt Vernon Avenue, Marion, OH, 43302 $219,900 -- -- --
318-320 E Center Street, Marion, OH, 43302 $179,900 -- -- --
229 W Columbia Street, Marion, OH, 43302 $124,900 -- -- --
389-391 Oak Street, Marion, OH, 43302 $174,900 -- -- --
354 Bellefontaine Avenue, Marion, OH, 43302 $69,900 -- -- --
138 Park Boulevard, Marion, OH, 43302 $44,900 8 6 3,584 3,584 SqFt

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus REALTORS®. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information deemed reliable but not guaranteed. Copyright © 2026 Columbus REALTORS®. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 17:51

MLS: 226020379 LISTED BY: Chris Massey, Generations Realty 740-389-5500 SOURCE: Columbus and Central Ohio Regional MLS

Homes around $280,000

Selling? Save $16,301 when you sell a home like this

Tour with a ByOwner Agent