Cardington, OH 43315

New Listing
$493,000
Property Type: Multi-Family Lot Size (sq. ft.): 20,038 Status: Active
Current Price: $493,000 List Date: 3/20/2026 Last Modified: 3/20/2026

Description

Welcome to 300 N Marion Street an exceptional opportunity for owner-occupants, investors, or multi-generational living in the heart of Cardington! This well-maintained ranch-style property offers approximately 2,880 square feet of living space and features 3 spacious units, each offering 2 bedrooms and 1.5 baths, along with an attached one-car garage. Built in 2019, this property provides modern construction with newer mechanicals, including central air and baseboard heating for year-round comfort. Situated on a generous ~0.46-acre lot, you'll enjoy added space, privacy, and flexibility. Each unit features attractive LVT flooring, well-appointed kitchens with dedicated dining space, and spacious bedrooms with ample closet storage. All tenants are currently on month-to-month leases with rents below market value, presenting an excellent opportunity for increased cash flow or owner occupancy. Conveniently located within the Cardington-Lincoln School District, with easy access to local amenities and just 30 minutes from Polaris shopping, dining, and entertainment. Whether you're looking to invest or occupy, this versatile property offers strong income potential and long-term value!

Supplements: ********

More Information MLS# 226008330

Location & Property Info

List Price/SqFt: 171.18 City (Mailing Addr): Cardington Corp LimitPerAuditor: Cardington

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: No Building Sqft: 2880 Lot Size (Side): 160 Number of Units: 3 Year Built: 2019 Acreage: 0.46

Tax Info

Tax Abatement: No Taxes (Yrly): 5190 Parcel #: C09-0030000700 Tax Year: 2025

Remarks & Misc

Property Description: Welcome to 300 N Marion Street an exceptional opportunity for owner-occupants, investors, or multi-generational living in the heart of Cardington! This well-maintained ranch-style property offers approximately 2,880 square feet of living space and features 3 spacious units, each offering 2 bedrooms and 1.5 baths, along with an attached one-car garage. Built in 2019, this property provides modern construction with newer mechanicals, including central air and baseboard heating for year-round comfort. Situated on a generous ~0.46-acre lot, you'll enjoy added space, privacy, and flexibility. Each unit features attractive LVT flooring, well-appointed kitchens with dedicated dining space, and spacious bedrooms with ample closet storage. All tenants are currently on month-to-month leases with rents below market value, presenting an excellent opportunity for increased cash flow or owner occupancy. Conveniently located within the Cardington-Lincoln School District, with easy access to local amenities and just 30 minutes from Polaris shopping, dining, and entertainment. Whether you're looking to invest or occupy, this versatile property offers strong income potential and long-term value!

Income/Expenses

Gross Income: 30600 Net Operating Income: 10657 Total Expenses: 19943

Addl Acceptance Cond

None Known: 1

Financials

Financials ForYearOf: 2025 Gross Rental Income: 30600 Effective Income: 19943

Efficiency

Efficiency # of Units: 3

Expenses

R.E. Taxes: 5449 Property Insurance: 1922 Misc Expense: 864 Contract Svc Expense: 2600

2 Bedroom

2 Bedroom # of Units: 3

Construction

Vinyl Siding: 1

Heat Fuel

Gas: 1

Parking Features

1 Car Garage: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Tenant Pays

Gas: 1 Sewer: 1 Water: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1 FHA: 1

Air Conditioning

Central Air: 1

Owner Pays

Trash: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 493000 List Price: $493,000 Property Sub Type: Duplex State: OH Zip Code: 43315 School District: CARDINGTON LINCOLN LSD 5901 MOR CO. Township: Cardington

OfficeContract Info

Status: Active MLS Entry Date: 2026-03-20

Property Features

Addl Acceptance Cond: None Known Parking Features: 1 Car Garage Owner Pays: Trash Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Gas Air Conditioning: Central Air Construction: Vinyl Siding Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available New Financing: Conventional; FHA MLS Primary PhotoSrc: Realtor Provided
Listing Office: Coldwell Banker Realty
Listing Agent: Candice M Evans
Last Updated: March - 20 - 2026
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