511 E 5th St Marysville, OH 43040
Estimated payment $1,841/month
Highlights
- No HOA
- 1 Car Detached Garage
- Walk-In Closet
- Northwood Elementary School Rated A-
- Porch
- Shed
About This Home
511 E 5th St, Marysville - Duplex Investment OpportunityWell-maintained duplex featuring two units: a 3-bedroom, 1-bathroom unit (Unit A) and a 1-bedroom, 1-bathroom unit (Unit B).Unit A offers a full kitchen, separate dining room, spacious living room, and a dedicated laundry room. The first floor features tall ceilings and large windows that provide abundant natural light. Upstairs includes the bedrooms and bathroom.Unit B features a studio-style kitchen and living area, along with laundry hookups in the closet. Then a private bedroom. This unit features the tall ceilings. The property also includes a large detached garage with a second-story storage area, an additional storage shed, private driveway, and a spacious backyard.Unit A (3/1) is currently rented for $1,500 per month on a month-to-month lease. Unit B (1/1) is rented for $850 per month on a yearly lease. The property generates $2,350 per month in rental income, offering a solid investment opportunity with steady cash flow.Disclosure: Listing agent is the homeowner.
Listing Agent
Bell Hankins Realty Group, LLC License #2026000062 Listed on: 02/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,566
Year Built
- Built in 1918
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 60x132
- Fenced
Parking
- 1 Car Detached Garage
Home Design
- Stone Foundation
- Aluminum Siding
Interior Spaces
- 1,854 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Decorative Fireplace
- Electric Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Shed
- Porch
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Connected
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 2900041220000
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 | $3,567 | $57,090 | $9,450 | $47,640 |
| 2023 | $2,382 | $57,090 | $9,450 | $47,640 |
| 2022 | $2,339 | $57,090 | $9,450 | $47,640 |
| 2021 | $2,283 | $48,720 | $7,290 | $41,430 |
| 2020 | $2,280 | $48,720 | $7,290 | $41,430 |
| 2019 | $2,307 | $48,720 | $7,290 | $41,430 |
| 2018 | $1,810 | $35,600 | $7,290 | $28,310 |
| 2017 | $1,770 | $35,600 | $7,290 | $28,310 |
| 2016 | $1,764 | $35,600 | $7,290 | $28,310 |
| 2015 | $1,394 | $26,310 | $7,290 | $19,020 |
| 2014 | $1,394 | $26,310 | $7,290 | $19,020 |
| 2013 | $1,312 | $26,310 | $7,290 | $19,020 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2026 02/03/26 | For Sale | $299,999 | +191.3% | $162 / Sq Ft | |
| 03/27/2025 03/27/25 | Off Market | $103,000 | -- | -- | |
| 12/22/2023 12/22/23 | Sold | $154,640 | -4.5% | $83 / Sq Ft | View Prior Sale |
| 10/02/2023 10/02/23 | Price Changed | $162,000 | -1.8% | $87 / Sq Ft | |
| 09/10/2023 09/10/23 | Price Changed | $165,000 | -5.7% | $89 / Sq Ft | |
| 06/22/2023 06/22/23 | For Sale | $175,000 | +69.9% | $94 / Sq Ft | |
| 11/18/2016 11/18/16 | Sold | $103,000 | -1.8% | $56 / Sq Ft | View Prior Sale |
| 10/19/2016 10/19/16 | Pending | -- | -- | -- | |
| 10/04/2016 10/04/16 | For Sale | $104,900 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Fiduciary Deed | $154,700 | None Listed On Document | |
| Warranty Deed | -- | First Ohio Title Insurance | |
| Deed | $68,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | Credit Line Revolving | |
| Previous Owner | $150,001 | Credit Line Revolving |
Source: Western Regional Information Systems & Technology (WRIST)
MLS Number: 1044113
APN: 29-0004122-0000
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