Marion, OH 43302,557 Summit Street
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$ 159,900
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557 Summit Street Marion, OH 43302

9,147 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225044653

Year Built 1910

Annual Tax Amount $1,906

Lot Size 9,147 Sqft

Lot Dimensions 0.21

Property Sub-Type Duplex

Source Columbus and Central Ohio Regional MLS

Property Description

Opportunity knocks with this vacant, rent-ready duplex in the heart of Marion. Whether you're an investor looking to set your own rents and select new tenants, or an owner-occupant wanting to live in one unit while renting the other, 557 Summit Street provides flexibility, income potential, and upside.

This spacious duplex features two separate units totaling 1,913 sqft, plus a 2-car attached garage—a rare find in this price range.

Unit Breakdown:
Downstairs Unit: 2 bedrooms, 1.5 baths

Upstairs Unit: 1 bedroom, 1 bath

Both units are fully vacant, offering a clean slate for leasing, renovation, or owner occupancy.

The previous tenants paid a combined $1,100/month and covered all utilities, giving investors a benchmark while leaving room for rental rate improvement with light updates. With a 0.21-acre lot, public sewer, and convenient access to Downtown Marion, shops, parks, and schools, this location is ideal for long-term tenant demand.

Whether you're building your rental portfolio or searching for a house-hack opportunity, this duplex offers strong cash-flow potential with immediate availability.

Location

State OH

County Marion

Area 0.21

Rooms

Other Rooms None

Dining Room No

Interior

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Marion Csd 5102 Mar Co.

School District Marion Csd 5102 Mar Co.

Others

Tax ID 12-4320001.900


Listed by Joshua D Cooper RE/MAX Revealty
Lee Ritchie

Lee Ritchie

+1(614) 595-0732

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557 Summit Street