254 W 5th Street Marysville, OH 43040

Multi Unit - Multiple MLS 226003357 Sold
Closed 547900
  • 254 W 5th Street , Marysville, OH 43040 Photo 1
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0 beds Bathrooms

Listed By

Agency Name: Roby Realty
Agency Phone: 614-791-0050
Agent Name: Charles Scheiderer

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Shown By

Agent Name: Jerri Furniss
Agent Phone: Cell: (614) 937-4427
Agency Title: Cutler Real Estate

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Property Description

Prime Fully Occupied Investment Opportunity in Uptown Marysville! Welcome to 254 W Fifth Street, Marysville, OH â?? a rare single-story fourplex located steps from Uptown Marysville, in one of the most desirable and walkable areas in the city.This property is fully occupied and generates $4,300 per month ($51,600 annually) in rental income, providing immediate, stable cash flow from day one. All four units are single-level, a highly desirable layout that attracts long-term tenants while keeping maintenance simple.Additional highlights include a 3-car carport, one enclosed garage in the rear, and a fully blacktop driveway, offering ample off-street parking â?? a major tenant draw in this prime location.With its unbeatable proximity to restaurants, shops, entertainment, and major employers, this asset benefits from strong rental demand and built-in upside with room for future rent growth. Ideal for investors seeking a low-maintenance, income-producing property in a premier Marysville location.MAJOR VALUE ADD: Tenants pay ALL utilities, keeping operating expenses low and maximizing net returns.Turnkey multifamily opportunities like this are rare â?? don't miss your chance to own in the heart of Uptown Marysville.Please do not disturb tenants.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 45
Heating: Forced Air
Lot Size: 0.29 Acres
Taxes: $8,714
Year Built: 1961

Feature Descriptions

Parcel #: 29-0007066-0000
Parking: Garage Door Opener

Local Schools

School District: MARYSVILLE EXEMPTED VILLAGE

Demographics

Union County Demographic Information for
Fips
Fips Code 39159
Population
2020 to 2023 Change up 10.9%
2010 Count 52,300
2020 Count 62,784
2023 Estimate (V2023) 69,637
2020 Estimate (V2023) 62,783
Age Distribution (Years Old)
0 to 4 5.9%
5 to 17 23.4%
18 to 64 55.8%
65 and Older 14.9%
Gender
Male 48.4%
Female 51.6%
Place of Birth
Foreign 5.1%
US 94.9%
Education
High School Graduate, Age 25+ 94.9%
Bachelor's Degree or Higher, Age 25+ 39.3%
Computer and Internet use
Households with a computer 96.5%
Households with a broadband Internet subscription 93.4%
Language
English is Second Language, Age 5+ 6.9%
English is First Language, Age 5+ 93.1%
Veterans
Veterans 3,002
Income
Per Capita Income $48,025
Median Household Income $104,496
People in Poverty 5.2%
Commute
Average Work Commute Time 27 minutes
Housing
Total Housing Units 21,778
Households 22,644
Average Household Size 2.68
Owner-Occupied 80.4%
Multi-Family 11.0%
Owner-Occupied Median Value $282,900
Median selected monthly owner costs -with a mortgage $1,816
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,144
Building Permits
New Private Housing Issued 2023 848
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 1,119
Private non-farm Employment 28,603
Private non-farm Employment Growth down 1.1%
Nonemployer Establishments 4,819
Number of Firms 3,936
Business Production
Value of Shipments $10,397,691,000
Wholesale Trade $2,464,098,000
Retail Trade $793,871,000
Retail Sales Per Capita $0
Accommodation and Food Services $84,737,000
Land
Land Area 431.73 sq. miles
Population Per Square Mile 122

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 3,670.88 per month $2,784.91 Principal & Interest $726.17 Property Tax $159.80 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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