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640 S Prospect Street
640 S Prospect Street
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640 S Prospect Street
640 S Prospect Street
For Sale

640 S Prospect Street

640 S Prospect Street, Marion, OH 43302

$79,900
INVESTOR ALERT! Here's your chance to pick up a fully occupied duplex in Marion, Ohio with immediate cash flow and plenty of room to add value.

640 S Prospect St features two 2-bedroom, 1-bath units currently rented at $475 per unit ($950/month total). Long-term tenants are in place, providing stable income from day one.

The property does need some TLC--the detached garage roof needs attention, some windows require repair, and overall cosmetics could use a refresh. That's why we've priced this opportunity to reflect the condition and upside potential.

The Upside:
Marion market rents for similar units are $650-$750/month per side after updates

Future cash flow could exceed $1,300-$1,500/month gross rents

Separate utilities already in place

Easy value-add by cleaning up and increasing rents on turnover.

Studio

9,583.2 Sq.Ft. lot

Josh Cooper

Josh Cooper

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area9,583.2 Sq.Ft.
  • MLS® ID225020081
  • TypeMulti-Family
  • YEAR BUILT1910
  • NeighborhoodMarion County
  • School DistrictMARION CSD 5102 MAR CO.

Exterior

  • utilitiesElectricity Available
  • sewerPublic Sewer

Financial

  • Sales Price$79,900
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 640 S Prospect Street, Marion, OH 43302. We are reviewing your request and will be in touch shortly!

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