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645 Indiana Avenue Marion, OH $ 180,000
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$ 180,000 Get more info
645 Indiana Avenue
$ 180,000
Back to search
Share Save

645 Indiana Avenue

Marion, OH, 43302
$ 180,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,108

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Multi-Family Home for sale in Marion, OH

for $180,000 with 2 bedrooms. This home was built in 1920 on a lot size of 0.07.

Prime Investor Opportunity! This versatile mixed-use building combines solid income with exceptional potential. The main level offers flexible commercial space plus an additional 600 sq. ft. rear area—ideal for storage, office use, or a boutique-style rental. Recent improvements include a newer roof, refreshed mechanicals, and an upgraded electrical panel, paving the way for an easy conversion to another residential unit. Upstairs, two bright and spacious 1 bed/1 bath apartments bring in $825/month combined, contributing to a total property income of $2,625/month. A strong earner with room to elevate even further—perfect for the savvy investor.

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Multi-Family Active

Price

$ 180,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 882

Style

Lot Size

0.07

Year Built

1920

Town/City

Marion

County/Region

Marion

MLS | Web ID

225045436
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Year Built 1920
Township Marion
Property Subtype Mixed Use
Tax Year 2024
Gross Income 2625.0
County Marion
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Possible Use Commercial
Status Active
City Marion
High School District MARION CSD 5102 MAR CO.
Number Of Units Total 3
Lot Size Square Feet 3049.2
Land Lease Y/N N
Tax Annual Amount 882.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Lot Size Area 0.07
Spa N
Lot Size Acres 0.07
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Total Baths 0
Heating-Forced Air True
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Internal Only
Street Number 1 645
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* Excluded Features
List By
Brent J Merriman

Listing Agent

Red 1 Realty

Broker

brent@merrimanhomesales.com

Email

Affordability Calculator

$1,182
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,108
Monthly Property Taxes
$74
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1421383 Elementary School
1421530 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/21/2026$180,000 -5.26% Price Down
12/12/2025$190,000 Listed Price

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645 Indiana Avenue, Marion, OH, 43302 is a Multi-Family Home for sale at $180,000 with a lot size of 0.07. 645 Indiana Avenue has 2 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 43302 which is in Marion, OH

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