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$299,900
New Listing

551 S Main Street
Marion, OH 43302

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2,391.0
SqFt
$125
/SqFt
1920
Built
County:
Marion
Listing courtesy of Chris Massey of Generations Realty: (740) 361-3889
Call Now: 614-537-1994
Is this the listing for you? We can help make it yours.
614-537-1994
551 S Main Street551 S Main Street551 S Main Street551 S Main Street
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Monthly Payment (Est.)

$1,368
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$299,900
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,391.0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1920
MLS® Number 
226010254
Status 
Active
Property Tax 
$939.36
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.14
Cross Street 
Washington
Parking Spaces 
4
Property Sub Type 
Multi Family
Special Circumstances 
Standard
Utilities 
Natural Gas AvailableWater AvailableSewer AvailableElectricity Available
Water Source 
Public
Zoning 
C-1B
Interior Features
Heating 
Forced Air
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Community Features
Financing Terms Available 
Conventional
School District 
MARION CSD 5102 MAR CO.
Township 
Marion
Schools
School District
MARION CSD 5102 MAR CO.
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Chris Massey of Generations Realty: (740) 361-3889



Listing information is provided by Participants of the Columbus and Central Ohio MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Columbus and Central Ohio MLS.
Last checked: 2026-04-03 09:00 PM UTC

Neighborhood & Commute
Source: Walkscore
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