482 King Avenue, Marion, OH 43302
New Listing
$214,900
Property Type:
Multi-Family
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$214,900
List Date:
1/31/2026
Last Modified:
1/31/2026
Description
What if you could step into a property that's already cash flowing $24,600 a year — with tenants in place, paying month-to-month, and giving you the flexibility to raise rents or re-tenant on your terms?
This 1939-built duplex has exactly that. One side is a 2-bed, 2.5-bath. The other, a 1-bed, 1-bath. Each with its own drive and private garage — which means easier leasing and fewer headaches down the road.
Here's the real question: Would you rather chase down a project, or own a property that's already putting money in your pocket?
This isn't just another duplex. It's a portfolio booster waiting for the right investor to say ''yes.''
Supplements: ********
More Information MLS# 225033693
Location & Property Info
List Price/SqFt: 75.25
City (Mailing Addr): Marion
Corp LimitPerAuditor: Marion
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Off Street Parking Spaces: 2
Building Sqft: 2856
Number of Units: 2
Year Built: 1939
Acreage: 0.26
Tax Info
Zoning: RES
Tax Abatement: No
Taxes (Yrly): 2303
Parcel #: 12-4320100.900
Tax Year: 2024
Remarks & Misc
Property Description: What if you could step into a property that's already cash flowing $24,600 a year — with tenants in place, paying month-to-month, and giving you the flexibility to raise rents or re-tenant on your terms?
This 1939-built duplex has exactly that. One side is a 2-bed, 2.5-bath. The other, a 1-bed, 1-bath. Each with its own drive and private garage — which means easier leasing and fewer headaches down the road.
Here's the real question: Would you rather chase down a project, or own a property that's already putting money in your pocket?
This isn't just another duplex. It's a portfolio booster waiting for the right investor to say ''yes.''
Income/Expenses
Gross Income: 16297
Net Operating Income: 24600
Total Expenses: 8303
Addl Acceptance Cond
None Known: 1
1 Bedroom
1 Bedroom # of Units: 1
1 Bedroom Month Rent Per Unit: 950
2 Bedroom
2 Bedroom # of Units: 1
2 Bedroom Month Rent Per Unit: 1100
Construction
Aluminum: 1
Parking Features
2 Car Garage: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
FHA: 1
Owner Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 214900
List Price: $214,900
Property Sub Type: Duplex
Street #: 482
Street Name: King
Street Suffix: Avenue
County: Marion
State: OH
Zip Code: 43302
School District: MARION CSD 5102 MAR CO.
Township: Marion
OfficeContract Info
Status: Active
MLS Entry Date: 2025-09-05
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Car Garage
Owner Pays: Electric; Gas; Sewer; Trash; Water
Heating: Forced Air
Construction: Aluminum
Water Source: Public
Sewer: Public Sewer
New Financing: Conventional; FHA
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
RE/MAX Revealty
Listing Agent:
Joshua D Cooper
Last Updated: January - 31 - 2026
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