Listed By
Agency Name: RE/MAX Revealty
Agency Phone: 614-505-7438
Agent Name: Joshua D Cooper
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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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 bathsUpstairs Unit: 1 bedroom, 1 bathBoth 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.
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 121
Lot Size: 0.21 Acres
Taxes: $1,906
Year Built: 1910
Feature Descriptions
Parcel #: 12-4320001.900
Local Schools
School District: MARION CITY
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Estimated Payment
$ 1,018.22 per month $812.75 Principal & Interest $158.83 Property Tax $46.64 Homeowner's InsuranceChange Payment Information
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557 Summit Street | MLS# 225044653
This multi-family property located at 557 Summit Street, Marion, OH 43302 is currently listed for sale with an asking price of $159,900. Summit Street is located within the MARION CITY school district. Search Marion real estate on www.cutlerhomes.com today.