557 Summit Street, Marion, OH 43302
New Listing
$159,900
Property Type:
Multi-Family
Lot Size (sq. ft.):
8,712
Status:
Active
Current Price:
$159,900
List Date:
6/28/2026
Last Modified:
6/28/2026
Overview
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 baths
Upstairs Unit: 1 bedroom, 1 bath
Both 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.
Listing Details MLS# 226023944
Location Property Info
- Original List Price
- 159900
- Property Sub Type
- Duplex
- Street #
- 557
- Street Name
- Summit
- Street Suffix
- Street
- County
- Marion
- State
- OH
- Zip Code
- 43302
- School District
- MARION CSD 5102 MAR CO.
- Township
- Marion
OfficeContract Info
- MLS Entry Date
- 2026-06-28
General Property Info
- Number of Units
- 2
- Building Sqft
- 1913
- Year Built
- 1910
- Built Prior to 1978
- Yes
- Acreage
- 0.2
Tax Info
- Parcel #
- 12-4320001.900
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 1906
1 Bedroom
- 1 Bedroom # of Units
- Yes
2 Bedroom
- 2 Bedroom # of Units
- 2
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 83.59
- City (Mailing Addr)
- Marion
- Corp LimitPerAuditor
- Marion
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- 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 baths Upstairs Unit: 1 bedroom, 1 bath Both 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.
Income/Expenses
- Gross Income
- 13000
- Net Operating Income
- 12500
- Total Expenses
- 500
Addl Acceptance Cond
- None Known
- Yes
Parking Features
- 2 Car Garage
- Yes
- Attached Garage
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
Miscellaneous
- Basement
- Yes
Alternate Uses
- Residential
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
2 Car Garage; Attached Garage
Water Source:
Public
Sewer:
Public Sewer
Services Available:
Electricity Available
Miscellaneous:
Basement
Alternate Uses:
Residential
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
RE/MAX Revealty
Listing Agent:
Joshua D Cooper
Last Updated: June - 28 - 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 2026 Columbus Board of Realtors. All rights reserved.