Cardington, OH 43315

$465,000
Property Type: Multi-Family Lot Size (sq. ft.): 20,038 Status: Pending
Current Price: $465,000 List Date: 3/20/2026 Last Modified: 4/12/2026

Overview

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!

Listing Details MLS# 226008330

Location Property Info

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

OfficeContract Info

MLS Entry Date
2026-03-20

General Property Info

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

Tax Info

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

Status Change Info

Under Contract Date
2026-04-12

Efficiency

Efficiency # of Units
3

More Information

2 Bedroom

2 Bedroom # of Units
3

Financials

Financials ForYearOf
2025
Gross Rental Income
30600
Effective Income
19943

Expenses

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

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
161.46
City (Mailing Addr)
Cardington
Corp LimitPerAuditor
Cardington

Office/Contract Info

For Sale
Yes
Exchange
No

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
Yes

Construction

Vinyl Siding
Yes

Heat Fuel

Gas
Yes

Parking Features

1 Car Garage
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Tenant Pays

Gas
Yes
Sewer
Yes
Water
Yes
Electricity
Yes

New Financing

Conventional
Yes
FHA
Yes

Air Conditioning

Central Air
Yes

Owner Pays

Trash
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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: April - 12 - 2026
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