NOT LISTED FOR SALE

255 S State St Marion, OH 43302

6 Beds
-- Bath
5,312 Sq Ft
6,970 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $175,000 $33 Per Sq Ft

50 Days on Market

About This Home

As of September 2023

4 unit apartment building and a duplex on the same parcel. 6 units renting at $600 per month, each units pays their own utilities. All located on 1 parcel. The addresses are 253, 253 1/2, 255, 255 1/2 S State St and 131 & 131 1/2 E Pleasant St in Marion. Currently 1 unit is vacant. Great cash flow. Newer roof, newer upstairs water heater and gutters and furnaces on duplex. 6 garages face Pleasant St. Duplex has a living room, dining room, kitchen, bedroom and bathroom plus access to the basement. One unit on first fl and 2nd unit upstairs. S State has 2 units on 1st fl and 2 on 2nd floor. Each unit has kitchen, bedroom, living room & bath with access to basement. Some replacement windows. . Serious Buyers Only!

Last Agent to Sell the Property

Mary Lou Bell

Errington Realty LLC. License #2002002039 Listed on: 08/23/2023

Last Buyer's Agent

Blair Rowland

Generations Realty License #2020007071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 6 Car Detached Garage

Home Design

  • 5,312 Sq Ft Home
  • Mixed Use
  • Frame Construction

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 12-4020002.900

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $34,800
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,865

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.16
  • Total Gross Income: 34800.0
  • Co List Office Phone: 740-389-6414
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 34800.0
  • Annual Expenses: 6000.0
  • General Property Info Building Sq Ft: 5312.0
  • General Property Info # of Buildings: 2.0
  • Air Conditioning None3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features Detached Garage2: Yes
  • Parking Features 5 Car Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-4020002.900
  • Lot Size Sq Ft: 6969.6

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 28800.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 1865.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $175,000 -22.2% $33 / Sq Ft
08/23/2023 08/23/23 For Sale $225,000 +28.6% $42 / Sq Ft
08/20/2023 08/20/23 Off Market $175,000 -- --
08/08/2023 08/08/23 For Sale $225,000 -- $42 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mary Lou Bell

    Seller's Agent in 2023

    Mary Lou Bell

    Errington Realty LLC.

    (740) 361-4597

    108 in this area

    159 Total Sales

    Mary Lou Bell
    Section Image
  • Blair Rowland

    Buyer's Agent in 2023

    Blair Rowland

    Generations Realty

    (740) 725-4400

    38 in this area

    70 Total Sales

    Blair Rowland
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223025365

Columbus and Central Ohio Regional MLS
Ohio Marion County Marion 43302

255 S State St, Marion, OH

This home is located at 255 S State St, Marion, OH 43302 since 23 August 2023. This property was built in 1900. 255 S State St is a home located in Marion County with nearby schools including Benjamin Harrison Elementary School, Ulysses S. Grant Middle School, and Harding High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes