$547,900
Marysville, OH 43040
MLS# 226003357
Status: Closed
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Property Description
Prime Fully Occupied Investment Opportunity in Uptown Marysville! Welcome to 254 W Fifth Street, Marysville, OH — 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 — 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 — don't miss your chance to own in the heart of Uptown Marysville. Please do not disturb tenants.
Details
Maps
Documents
Location & Property Info
List Price/SqFt: 160.11
City (Mailing Addr): Marysville
Corp LimitPerAuditor: Marysville
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 1
Occupancy Rate: 100
Built Prior to 1978: Yes
Total Parking: 8
Carport Spaces: 4
Building Sqft: 3422
Lot Size (Side): 183
Number of Units: 4
Year Built: 1961
Acreage: 0.29
Tax Info
Tax Abatement: No
Taxes (Yrly): 8714
Parcel #: 29-0007066-0000
Tax Year: 2024
Remarks & Misc
Property Description: Prime Fully Occupied Investment Opportunity in Uptown Marysville! Welcome to 254 W Fifth Street, Marysville, OH — 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 — 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 — don't miss your chance to own in the heart of Uptown Marysville.
Please do not disturb tenants.
Status Change Info
Sold Price/SqFt: 160.11
Under Contract Date: 2026-02-23
Sold Date: 2026-03-23
Sold Price: $547,900
Income/Expenses
Gross Income: 4300
Net Operating Income: 4300
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 4
Construction
Brick: 1
Heat Fuel
Gas: 1
Parking Features
1 Car Garage: 1
Detached Garage: 1
Garage Door Opener: 1
3 Carport +: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Miscellaneous
W/D Hookups: 1
Tenant Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
FHA: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 547900
Sold Price: $547,900
Property Sub Type: Flat
Street #: 254
Street PreDirection: W
Street Name: 5th
Street Suffix: Street
County: Union
State: OH
Zip Code: 43040
School District: MARYSVILLE EVSD 8002 UNI CO.
Township: Paris
OfficeContract Info
Status: Closed
MLS Entry Date: 2026-02-05
Property Features
Addl Acceptance Cond: None Known
Parking Features: 1 Car Garage; Detached Garage; Garage Door Opener; 3 Carport +
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Water Source: Public
Sewer: Public Sewer
Miscellaneous: W/D Hookups
New Financing: Conventional; FHA
MLS Primary PhotoSrc: Realtor Provided
LBP 
Listing Office: Roby Realty
Listing Agent: Charles Scheiderer
Last Updated: March - 24 - 2026
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