482 King Ave Marion, OH 43302
Estimated payment $1,310/month
About This Home
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.''
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,303
Year Built
- Built in 1939
Parking
- Off-Street Parking: 2
Home Design
- 2,856 Sq Ft Home
- Duplex
Additional Features
- 0.26 Acre Lot
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 12-4320100.900
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $8,303
- Gross Income $16,297
- Net Operating Income $24,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,303 | $60,120 | $10,300 | $49,820 |
| 2023 | $2,303 | $60,120 | $10,300 | $49,820 |
| 2022 | $2,138 | $60,120 | $10,300 | $49,820 |
| 2021 | $1,867 | $47,270 | $8,950 | $38,320 |
| 2020 | $1,871 | $47,270 | $8,950 | $38,320 |
| 2019 | $1,870 | $47,270 | $8,950 | $38,320 |
| 2018 | $1,576 | $39,830 | $8,960 | $30,870 |
| 2017 | $1,553 | $39,830 | $8,960 | $30,870 |
| 2016 | $1,547 | $39,830 | $8,960 | $30,870 |
| 2015 | $1,570 | $39,560 | $8,530 | $31,030 |
| 2014 | $1,569 | $39,560 | $8,530 | $31,030 |
| 2012 | $1,231 | $30,770 | $7,150 | $23,620 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/31/2026 01/31/26 | For Sale | $214,900 | 0.0% | $75 / Sq Ft | |
| 01/25/2026 01/25/26 | Off Market | $214,900 | -- | -- | |
| 09/05/2025 09/05/25 | For Sale | $214,900 | +88.5% | $75 / Sq Ft | |
| 11/29/2017 11/29/17 | Sold | $114,000 | 0.0% | $52 / Sq Ft | View Prior Sale |
| 09/05/2017 09/05/17 | Off Market | $114,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $114,000 | None Available | |
| Warranty Deed | $135,800 | A C S Title | |
| Deed | $90,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,400 | Commercial | |
| Previous Owner | $108,640 | Purchase Money Mortgage |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225033693
APN: 12-4320100.900
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