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557 Summit St

Marion OH 43302

9147.6 sq. ft.
Duplex
Currently for sale - view listing

Overview

Opportunity knocks with this vacant, rent-ready duplex in the heart of Marion. Whether you're an investor looking to set your own rents and select new tenants, or an owner-occupant wanting to live in one unit while renting the other, 557 Summit Street provides flexibility, income potential, and upside. This spacious duplex features two separate units totaling 1,913 sqft, plus a 2-car attached garage—a rare find in this price range. Unit Breakdown: Downstairs Unit: 2 bedrooms, 1.5 baths Upstairs Unit: 1 bedroom, 1 bath Both units are fully vacant, offering a clean slate for leasing, renovation, or owner occupancy. The previous tenants paid a combined $1,100/month and covered all utilities, giving investors a benchmark while leaving room for rental rate improvement with light updates. With a 0.21-acre lot, public sewer, and convenient access to Downtown Marion, shops, parks, and schools, this location is ideal for long-term tenant demand. Whether you're building your rental portfolio or searching for a house-hack opportunity, this duplex offers strong cash-flow potential with immediate availability.

Features

9147.6 sq. ft. lot size
Duplex

Property history for 557 Summit St

2018
Sold
Undisclosed
10 Jun 2018

Happy sellers in Marion

~%

We have insufficient information to provide an overview of customer satisfaction for Marion. Viewing the agent profiles, reviews and sales for Marion can provide insights for this location.

Local market activity for duplexes in Marion

In the last 12 months, 15 duplexes similar to 557 Summit St, have been sold.

This represents a 35% increase in duplexes sales when compared to the previous 12 months.

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