551 S Main Street, Marion, OH 43302
Local realty services provided by:CENTURY 21 Premiere Properties
551 S Main Street,Marion, OH 43302
$299,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: chris massey
Office: generations realty740-389-5500
MLS#:226010254
Source:OH_CBR
Price summary
- Price:$299,900
About this home
Investor Opportunity in the Heart of Marion!
Don't miss this fully updated 4-unit income-producing property located at 551-553 S Main St in Marion, Ohio. With 2 - 2 bed units and 2 - 1 bed units this property has currently generated $3,550/month in rental income. This turnkey investment is already ready to start cash flowing from day one! New roof, windows, flooring, paint, lighting, kitchens, bathrooms, and appliances.
This property has been thoughtfully renovated and inspected, including a Certificate of Occupancy from the Marion Building and Fire Departments as a 4-unit property, giving you peace of mind and minimizing future maintenance concerns. Even better, it benefits from a Community Reinvestment Area (CRA) tax abatement, helping maximize your return by significantly reducing property taxes for the next 9 years.
Situated in a desirable neighborhood with strong rental demand, this location is close to quality schools, local amenities, and major conveniences, making it attractive to long-term tenants.
Whether you're a seasoned investor or just getting started, this is a rare opportunity to own a stabilized, income-generating asset with built-in tax advantages!...
Contact an agent
Home facts
- Year built:1920
- Listing ID #:226010254
- Added:56 day(s) ago
- Updated:May 29, 2026 at 02:52 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1920
- Lot area:0.14 Acres
Finances and disclosures
- Price:$299,900
- Tax amount:$939
Parking
- Total parking spaces:4
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