551 Universal Avenue Marion, OH ^$ 134,900

551 Universal Avenue

^$ 134,900

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551 Universal Avenue

Marion, OH, 43302

^$ 134,900

Bedrooms4 Baths0.0

Monthly Estimate*

^$ 842

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Multi-Family Home for sale in Marion, OH

for $134,900 with 4 bedrooms. This home was built in 1942 on a lot size of 0.14.

Turnkey Investment Opportunity! This fully renovated duplex (2023) is a perfect addition to any investor's portfolio. Each unit offers 2 bedrooms and 1 full bath, with modern updates throughout. Tenants enjoy stylish finishes, functional layouts, and separate entrances. Current rents are $705 and $725/month, providing reliable income from day one. Tenants are on month-to-month leases. Whether you're looking to house-hack or cash-flow, this property is a low-maintenance winner.

Multi-Family Contingent

Price

^$ 134,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 1,379

Style

Lot Size

0.14

Year Built

1942

Town/City

Marion

County/Region

Marion

MLS | Web ID

225028952

Features

General

Sewer Public Sewer

Heating Forced Air

Year Built 1942

Township Marion

Property Subtype Duplex

Tax Year 2024

Gross Income 17160.0

Additional Parcels Description 122130002900

County Marion

Net Operating Income 15784.0

Operating Expense 1376.0

Property Type Multi-Family

Status Contingent

City Marion

High School District MARION CSD 5102 MAR CO.

Number Of Units Total 2

Lot Size Square Feet 6098.4

Land Lease Y/N N

Tax Annual Amount 1379.0

Water Sewer Expense 601.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active Under Contract

Senior Community None

New Construction None

New Financing FHA True

New Financing Coventional True

Year Built Effective 2023

Exterior

Water Source Public

Total Parking 4.0

Lot Size Area 0.14

Spa N

Lot Size Acres 0.14

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Baths 0

Heating-Forced Air True

Internal Only

Street Number 1 551

* Excluded Features

List By

Joshua D Cooper

Listing Agent

Re/Max Revealty

Broker

joshcooper@moreohio.com

Affordability Calculator

$957

Per Month

Monthly Principal & Interest: $842
Monthly Property Taxes: $115
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Marion, OH

Average List Price ^$158,529

Percent of Sale Price 18%

About Marion, OH

35,786 Population

-1% Since 2002

^$35,282 Median Income

38.4 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1421383 Elementary School

1421530 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/1/2025	$134,900		Listed Price

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551 Universal Avenue, Marion, OH, 43302 is a Multi-Family Home for sale at $134,900 with a lot size of 0.14. 551 Universal Avenue has 4 bedrooms, 0.0 baths, and was built in 1942. The property's zip code is 43302 which is in Marion, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Columbus REALTORS(r)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Columbus REALTORS(r). Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Data is updated as of 12/18/2025.

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551 Universal Avenue

Multi-Family Home for sale in Marion, OH

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