INVESTOR ALERT! Here's your chance to pick up a fully occupied duplex in Marion, Ohio with immediate cash flow and plenty of room to add value.
640 S Prospect St features two 2-bedroom, 1-bath units currently rented at $475 per unit ($950/month total). Long-term tenants are in place, providing stable income from day one.
The property does need some TLC—the detached garage roof needs attention, some windows require repair, and overall cosmetics could use a refresh. That's why we've priced this opportunity to reflect the condition and upside potential.
The Upside:
Marion market rents for similar units are $650-$750/month per side after updates
Future cash flow could exceed $1,300-$1,500/month gross rents
Separate utilities already in place
Easy value-add by cleaning up and increasing rents on turnover.
Sold for $72,500 on 09/29/25
$72,500
640 S Prospect St, Marion, OH 43302
--beds
0baths
--sqft
Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$885 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 30, 2025 at 09:02am
Listed by:
Joshua D Cooper 740-341-2636,
RE/MAX Revealty
Bought with:
Joshua D Cooper, 2021008773
RE/MAX Revealty
Source: Columbus and Central Ohio Regional MLS ,MLS#: 225020081
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 9,583 sqft
Details
- Parcel number: 123060002900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Marion
Other
Other facts
- Listing terms: FHA,Conventional