255 S State Street, Marion, OH 43302 (MLS # 226026615)
Brought to you by RE/Max Consultant Group
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Excellent investment opportunity featuring six apartment units across two buildings. The main building offers four 2-bedroom units, while the separate building includes two 1-bedroom units, providing a desirable unit mix for a variety of tenants. The property has seen numerous updates in recent years, including a new roof and renovations throughout the majority of the units. Currently, 4 of the 6 units are occupied, providing immediate rental income, while 2 vacant units offer convenient access for showings and the opportunity for a new owner to lease at current market rates. One vacant unit is move-in ready, while the other presents a value-add opportunity with cosmetic improvements. Whether you're looking to expand your portfolio or purchase your first multifamily investment, this property offers an excellent combination of current cash flow, recent improvements, and upside potential. Schedule your showing today and explore the possibilities this versatile income-producing property has to offer.
| DAYS ON MARKET | 1 | LAST UPDATED | 7/16/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COUNTY | Marion |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| BASEMENT | Yes |
|---|---|
| CONSTRUCTION | Frame |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 6970 sq ft |
| SEWER | Public Sewer |
| TAXES | 2872 |
| UTILITIES | Natural Gas Available, Water Available, Sewer Available, Electricity Available |
| WATER | Public |
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Listing provided by Generations Realty, Blair Rowland
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.