12-35 Grove Court, Marysville, OH 43040
New Listing
$1,350,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
77,972
Status:
Active
Current Price:
$1,350,000
List Date:
1/19/2026
Last Modified:
1/19/2026
Description
Exceptional and rare 10-unit multifamily investment in Marysville consisting of five duplex buildings (10 units total). All units are single-level ranch-style, a highly desirable layout that supports long-term tenancy, reduced turnover, and lower maintenance. The unit mix includes eight 2-bedroom/1-bath units and two 3-bedroom/1-bath units, appealing to a broad tenant base. All buildings feature new roofs, and the units are well maintained on the interior, reflecting pride of ownership. The property generates $10,750 in gross monthly income ($129,000 annually) with separately metered, tenant-paid utilities, and offers clear upside with room for future rent increases. A stabilized, in-place cash-flowing asset ideal for investors or 1031 exchange buyers in a supply-constrained market.
Supplements: ********
More Information MLS# 226001760
Location & Property Info
List Price/SqFt: 143.71
City (Mailing Addr): Marysville
Corp LimitPerAuditor: Marysville
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 9394
Number of Units: 10
Year Built: 1961
Acreage: 1.79
Tax Info
Tax Abatement: No
Taxes (Yrly): 5821
Parcel #: 29-0006308-0000
Tax Year: 2024
Remarks & Misc
Property Description: Exceptional and rare 10-unit multifamily investment in Marysville consisting of five duplex buildings (10 units total). All units are single-level ranch-style, a highly desirable layout that supports long-term tenancy, reduced turnover, and lower maintenance. The unit mix includes eight 2-bedroom/1-bath units and two 3-bedroom/1-bath units, appealing to a broad tenant base. All buildings feature new roofs, and the units are well maintained on the interior, reflecting pride of ownership. The property generates $10,750 in gross monthly income ($129,000 annually) with separately metered, tenant-paid utilities, and offers clear upside with room for future rent increases. A stabilized, in-place cash-flowing asset ideal for investors or 1031 exchange buyers in a supply-constrained market.
Income/Expenses
Gross Income: 129000
Net Operating Income: 129000
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 8
3 Bedroom
3 Bedroom # of Units: 2
Heat Fuel
Gas: 1
Parking Features
2 Off Street: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Tenant Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1350000
List Price: $1,350,000
Property Sub Type: Flat
Street #: 12-35
Street Name: Grove
Street Suffix: Court
County: Union
State: OH
Zip Code: 43040
School District: MARYSVILLE EVSD 8002 UNI CO.
Township: Paris
OfficeContract Info
Status: Active
MLS Entry Date: 2026-01-14
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Off Street
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Water Source: Public
Sewer: Public Sewer
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Documents
LBP ›
Listing Office:
Roby Realty
Listing Agent:
Charles Scheiderer
Last Updated: January - 19 - 2026
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