389-391 Oak Street Marion, OH $ 194,900
389-391 Oak Street
$ 194,900
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389-391 Oak Street

Marion, OH, 43302
$ 194,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 1,200

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Multi-Family Home for sale in Marion, OH

for $194,900 with 6 bedrooms. This home was built in 1900 on a lot size of 0.09.

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 rented for $850 per month with potential for future rental upside. 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.

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Multi-Family Active

Price

$ 194,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 992

Style

Lot Size

0.09

Year Built

1900

Town/City

Marion

County/Region

Marion

MLS | Web ID

226007678

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Water Available Natural Gas Available Electricity Available Storm Sewer
Year Built 1900
Township Marion
Property Subtype Duplex
Tax Year 2025
Gross Income 24600.0
County Marion
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Status Active
City Marion
High School District MARION CSD 5102 MAR CO.
Number Of Units Total 2
Lot Size Square Feet 3920.4
Land Lease Y/N N
Tax Annual Amount 992.0
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
Water Source Public
Lot Size Area 0.09
Spa N
Lot Size Acres 0.09
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N N
Total Baths 0
Heating-Forced Air True
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Internal Only
Street Number 1 389391
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* Excluded Features
List By
Colby LeManton

Listing Agent

Signature Real Estate

Broker

colbyinc@me.com

Email

Affordability Calculator

$1,283
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,200
Monthly Property Taxes
$83
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
Pricing History
DatePricePrice ChangeDescription
3/14/2026$194,900 Listed Price

Map


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389-391 Oak Street, Marion, OH, 43302 is a Multi-Family Home for sale at $194,900 with a lot size of 0.09. 389-391 Oak Street has 6 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 43302 which is in Marion, OH