$214,900

482 King Ave Marion, OH 43302

Estimated payment $1,318/month

Total Views 3,092
-- Bed
-- Bath
2,856 Sq Ft
$75 Price per Sq Ft

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.''

Listing Agent

Josh Cooper

RE/MAX Revealty License #2021008773 Listed on: 09/05/2025

RE/MAX Revealty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1939

Lot Details

  • 0.26 Acre Lot

Home Design

  • 2,856 Sq Ft Home
  • Duplex

Parking

  • Garage
  • Off-Street Parking: 2

Utilities

  • Forced Air Heating System
  • Gas Available

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,303

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1939
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.26
  • Total Gross Income: 16297.0
  • Co List Office Phone: 614-505-7438
  • MLS Status: Active
  • Location Property Info List PriceSqFt: 75.25
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 16297.0
  • Annual Expenses: 8303.0
  • General Property Info Building Sq Ft: 2856.0
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Water Source Public: Yes
  • Remarks Misc Property Description3: 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.''
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • General Property Info Off Street Parking Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MARION CSD 5102 MAR CO.

Lot Info

  • Parcel Number: 12-4320100.900
  • Lot Size Sq Ft: 11325.6
  • Zoning Description: RES

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 24600.0
  • Annual Operating Expense: 8303.0

Tax Info

  • Tax Annual Amount: 2303.0

Map

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 -- --
Source: Columbus and Central Ohio Regional MLS

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,400 Commercial
Previous Owner $108,640 Purchase Money Mortgage
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225033693

Columbus and Central Ohio Regional MLS

APN: 12-4320100.900

Ohio Marion County Marion 43302

482 King Ave, Marion, OH

For Sale

MultiFamily

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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.

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Josh Cooper
Listing Agent
Josh Cooper
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RE/MAX Revealty
(220) 208-2988