Sold191d on marketHistoric · 116 yrs
640 S Prospect St
Marion, OH, 43302 • 43302 • Marion County
$72,500
0.22 acLot
1910Built
Property DNA
Character Home
Built 1910 · 116 years of history
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
191 days on market
Established listing
About this home
Multi Family · Built 1910 · Historic
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.
Standout features identified
Our analysis highlights detached garage and spacious layouts as key attractions of this home.
Estimated monthly payment
Based on current rates
$473/month
Principal & Interest$376
Property Tax$73
Insurance$24
Down payment20% ($14,500)
3%50%
Est. 6.75% rate · 30yr fixed · $58,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex
Year Built1910
ParkingNo Data
Property
Home typeMulti Family
Sub-typeDuplex
Year built1910
Systems
Water / SewerPublic Sewer
Parking & Outdoor
Lot9,583 sqft
Location & Tax
Neighborhood43302
Annual tax$1,676
Parcel123060002900
Features & details
1 category of property features
Exterior Features
Utilities
Electricity Available
Listing insights
Market data and value estimates
StatusSold
Days on market191
Est. value$112,500
Est. rent$1,039/mo
Tax rate1.06%
On marketJun 5, 2025
PostedJun 5, 2025
Last sold$72,500
MLS updatedSep 30, 2025
Tour days6
Views5
How are the schools in Marion?
3 schools rated nearby
Location
Marion, OH, 43302
Price history
17 events
DateEventPrice$/sqftSource
Sep 29, 2025Sold$72,500—Columbus and Central Ohio Regional MLS
Aug 7, 2025Price Change$79,900—Columbus and Central Ohio Regional MLS
Jul 22, 2025Price Change$89,900—Columbus and Central Ohio Regional MLS
Jun 5, 2025Listed For Sale$99,900—Columbus and Central Ohio Regional MLS
Apr 1, 2025Listing Removed$99,900—Columbus and Central Ohio Regional MLS
Feb 18, 2025Price Change$99,900—Columbus and Central Ohio Regional MLS
Jan 2, 2025Listed For Sale$109,900—Columbus and Central Ohio Regional MLS
Dec 14, 2024Listing Removed$109,900—Columbus and Central Ohio Regional MLS
Nov 1, 2024Price Change$114,900—Columbus and Central Ohio Regional MLS
Sep 3, 2024Listed For Sale$124,900—Columbus and Central Ohio Regional MLS
Sep 3, 2020Sold$53,900—Public Record
Nov 11, 2016Listing Removed$79,900—ERRINGTON REALTY, LLC
May 21, 2016Listed For Sale$79,900—ERRINGTON REALTY, LLC
Aug 1, 2015Listing Removed$79,900—ERRINGTON REALTY, LLC
Jun 5, 2015Listed For Sale$79,900—ERRINGTON REALTY, LLC
Apr 1, 2015Listing Removed$79,900—ERRINGTON REALTY, LLC
Nov 11, 2014Listed For Sale$79,900—ERRINGTON REALTY, LLC
Sold$72,500
Sep 29, 2025•Columbus and Central Ohio Regional MLS
Price Change$79,900
Aug 7, 2025•Columbus and Central Ohio Regional MLS
Price Change$89,900
Jul 22, 2025•Columbus and Central Ohio Regional MLS
Listed For Sale$99,900
Jun 5, 2025•Columbus and Central Ohio Regional MLS
Listing Removed$99,900
Apr 1, 2025•Columbus and Central Ohio Regional MLS
Price Change$99,900
Feb 18, 2025•Columbus and Central Ohio Regional MLS
Listed For Sale$109,900
Jan 2, 2025•Columbus and Central Ohio Regional MLS
Listing Removed$109,900
Dec 14, 2024•Columbus and Central Ohio Regional MLS
Price Change$114,900
Nov 1, 2024•Columbus and Central Ohio Regional MLS
Listed For Sale$124,900
Sep 3, 2024•Columbus and Central Ohio Regional MLS
Sold$53,900
Sep 3, 2020•Public Record
Listing Removed$79,900
Nov 11, 2016•ERRINGTON REALTY, LLC
Listed For Sale$79,900
May 21, 2016•ERRINGTON REALTY, LLC
Listing Removed$79,900
Aug 1, 2015•ERRINGTON REALTY, LLC
Listed For Sale$79,900
Jun 5, 2015•ERRINGTON REALTY, LLC
Listing Removed$79,900
Apr 1, 2015•ERRINGTON REALTY, LLC
Listed For Sale$79,900
Nov 11, 2014•ERRINGTON REALTY, LLC
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$1,676$43,740
Apr 9, 2023$1,675$43,740
Apr 9, 2022$2,505$43,740
Apr 9, 2021$2,114$35,330
Apr 9, 2020$2,179$35,330
Apr 9, 2019$1,360$35,330
Apr 9, 2018$1,637$34,330
Apr 9, 2017$1,436$34,330
Apr 9, 2016$1,506$34,330
Apr 9, 2015$1,332$33,580
Apr 9, 2014$1,465$33,580
Apr 9, 2013$1,331$33,580
Apr 9, 2012$1,299$32,470
Apr 9, 2011$1,297$32,470
Apr 9, 2010$1,269$32,470
Apr 9, 2009$1,334$34,730
Nearby homes
Neighborhood details
Local context around this listing
Marion, OH • Marion County
Nearby cities
CaledoniaGreen CampIberiaLa RueMarionMorralNew BloomingtonProspect
Nearby zip codes
43301433024330643307
Similar homes
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.
No obligation · Same-day response