Homes for sale / Marion

$174,900 Active Reduced 10%

389-391 Oak Street, Marion, OH 43302

  • 0.09 acres
  • Built 1900

About this home

Attention Investors and Owner-Occupants! This well-maintained duplex offers a fantastic opportunity for investors seeking steady rental income or for buyers looking to live in one unit while letting the other help pay the mortgage. The property features separate entrances for each unit and a fully fenced backyard, providing privacy and functional outdoor space. Each unit offers 3 bedrooms and 1 bathroom. Unit 1 is currently rented for $1,200 per month with a long-term tenant in place since 2015, providing reliable income from day one. Unit 2 is currently Vacant and ready to be owner occupied or rented. Key updates include a roof replaced in 2015, furnaces updated in 2022 and 2017, and hot water tanks replaced in 2014 and 2021. The owner currently pays sewer, which averages approximately $90 per month combined for both units, while tenants pay all other utilities. Seller is willing to assist with closing costs, and lenders with down payment assistance programs are available, making this a great opportunity for both seasoned investors and buyers looking to build equity while generating rental income. Please do not disturb tenants. Member of selling entity is a Licensed Real Estate agent.

See it on a map

Key facts

Status
Active
Type
Duplex
Days on market
216
Property taxes
about $992/yr
County
Marion
MLS #
226007678
Listing brokerage
Signature Real Estate
Listing agent
Colby LeManton
Listing brokerage contact
614-486-0101

Price reduced 10% from $194,900 on May 18.

Lot and parking

Lot size
0.09 acres
Lot square feet
3,920

Systems and utilities

Heating
Forced Air
Utilities
Water Available, Natural Gas Available, Electricity Available, Storm Sewer
Sewer
Public Sewer
Water
Public

Taxes and HOA

Property taxes
about $992 a year
Tax year
2025
Parcel number
12-2050005.600
Township
Marion

Schools

District
Marion CSD

Around it

Free market report

Is it priced right?

Curious how this home is listed relative to fair market value? Send a request and I'll run a report for you and send it to you. Asking prices are the seller's opinion. What the homes around it sold for is the market's.

Own a home nearby? Pick the second option and I'll value yours instead.

What do you want valued?

Or call or text me at 937-239-2919.

Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:13 PM.

Book a tour Is it priced right?
389-391 Oak Street, Marion, OH 43302 · 10 photos Book a tour
389-391 Oak Street, Marion, OH 43302, photo 1389-391 Oak Street, Marion, OH 43302, photo 2389-391 Oak Street, Marion, OH 43302, photo 3389-391 Oak Street, Marion, OH 43302, photo 4389-391 Oak Street, Marion, OH 43302, photo 5389-391 Oak Street, Marion, OH 43302, photo 6389-391 Oak Street, Marion, OH 43302, photo 7389-391 Oak Street, Marion, OH 43302, photo 8389-391 Oak Street, Marion, OH 43302, photo 9389-391 Oak Street, Marion, OH 43302, photo 10