125 Wallace Street, Marion, OH 43302

$55,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,242 Lot Size (sq. ft.): 2,178 Status: Closed
Current Price: $55,000 List Date: 12/26/2025 Last Modified: 1/20/2026

Description

Great investment opportunity, currently rented for $725/mo! Month to month lease - immediate cash flow or fix up and sell! Bathroom updated approximately 2 years ago. Excellent opportunity for buyers to update and add value.

Supplements: ********

More Information MLS# 225044935

Location & Property Info

List Price/SqFt: 48.31 City (Mailing Addr): Marion Corp LimitPerAuditor: Marion New Construction: No

General Property Info

Baths F.H: 1 Manufactured Housing Y/N: No Built Prior to 1978: Yes SqFt Documented: 1242 Documented SqFt Source: Realist ATFLS Source: Realist HOA/COA Y/N: No Comm Dev Chrg: No Bedrooms: 3 Total Baths: 1 Full Baths: 1 Year Built: 1910 SqFt ATFLS: 1242 Acreage: 0.05

Tax Info

Tax Abatement: No Taxes (Yrly): 987 Parcel #: 12-1050010.300 Tax Year: 2024

Remarks & Misc

Property Description: Great investment opportunity, currently rented for $725/mo! Month to month lease - immediate cash flow or fix up and sell! Bathroom updated approximately 2 years ago. Excellent opportunity for buyers to update and add value.

Status Change Info

Sold Price/SqFt: 44.28 Under Contract Date: 2025-12-26 Sold Date: 2026-01-20 Sold Price: $55,000

Addl Acceptance Cond

None Known: 1

Levels

Two: 1

Common Walls

No Common Walls: 1

Bedroom Level

Beds UP1: 2 Beds Entry Level: 1

Full Baths Level

Full Baths UP1: 1

Parking Features

No Garage: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Basement

Basement Y/N: No

Foundation

Block: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1 Gas: 1

Accessible Features

Accessible Features - Form Required: No

MLS Primary PhotoSrc

Realtor Provided: 1

Accessory Dwelling Unit

Existing Accessory Dwelling Unit: No

Green Features

Green Features Y/N - Form Required: No

Location Property Info

Property Sub Type: Single Family Residence Original List Price: 60000 Sold Price: $55,000 Street #: 125 Street Name: Wallace Street Suffix: Street County: Marion State: OH Zip Code: 43302 School District: MARION CSD 5102 MAR CO. Township: Marion Subdiv/Cmplx/Comm: Patten and Wallace

OfficeContract Info

Status: Closed MLS Entry Date: 2025-12-05

Remarks Misc

Directions: GPS

Property Features

Levels: Two Common Walls: No Common Walls Addl Acceptance Cond: None Known Parking Features: No Garage Foundation: Block Heating: Forced Air; Gas Sewer: Public Sewer Water Source: Public MLS Primary PhotoSrc: Realtor Provided
Listing Office: RZ Realty
Listing Agent: Benton J Smith
Last Updated: January - 20 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2025 Columbus Board of Realtors. All rights reserved.