$289,999
Marysville, OH 43040
MLS# 226007433
Status: Contingent
1 / 39
Property Description
511 E 5th St, Marysville - Duplex Investment Opportunity Well-maintained duplex featuring two units: a 3-bedroom, 1-bathroom unit (Unit A) and a 1-bedroom, 1-bathroom unit (Unit B). Unit A offers a full kitchen, separate dining room, spacious living room, and a dedicated laundry room. The first floor features tall ceilings and large windows that provide abundant natural light. Upstairs includes the bedrooms and bathroom. Unit B features a studio-style kitchen and living area, along with laundry hookups in the closet. Then a private bedroom. This unit features the tall ceilings. The property also includes a large detached garage with a second-story storage area, an additional storage shed, private driveway, and a spacious backyard. Unit A (3/1) is currently rented for $1,500 per month on a month-to-month lease. Unit B (1/1) is rented for $850 per month on a yearly lease. The property generates $2,350 per month in rental income, offering a solid investment opportunity with steady cash flow. Disclosure: Listing agent is the homeowner.
Details
Maps
Documents
Location & Property Info
List Price/SqFt: 156.42
City (Mailing Addr): Marysville
Corp LimitPerAuditor: Marysville
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 1854
Lot Size (Side): 132
Number of Units: 2
Year Built: 1918
Acreage: 0.18
Tax Info
Tax Abatement: No
Taxes (Yrly): 3567
Parcel #: 29-0004122-0000
Tax Year: 2025
Remarks & Misc
Property Description: 511 E 5th St, Marysville - Duplex Investment Opportunity
Well-maintained duplex featuring two units: a 3-bedroom, 1-bathroom unit (Unit A) and a 1-bedroom, 1-bathroom unit (Unit B).
Unit A offers a full kitchen, separate dining room, spacious living room, and a dedicated laundry room. The first floor features tall ceilings and large windows that provide abundant natural light. Upstairs includes the bedrooms and bathroom.
Unit B features a studio-style kitchen and living area, along with laundry hookups in the closet. Then a private bedroom. This unit features the tall ceilings.
The property also includes a large detached garage with a second-story storage area, an additional storage shed, private driveway, and a spacious backyard.
Unit A (3/1) is currently rented for $1,500 per month on a month-to-month lease. Unit B (1/1) is rented for $850 per month on a yearly lease. The property generates $2,350 per month in rental income, offering a solid investment opportunity with steady cash flow.
Disclosure: Listing agent is the homeowner.
Income/Expenses
Gross Income: 2350
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
1 Bedroom
1 Bedroom # of Units: 1
1 Bedroom Month Rent Per Unit: 850
Construction
Aluminum: 1
3 Bedroom
3 Bedroom Month Rent Per Unit: 1500
Heat Fuel
Electric: 1
Gas: 1
Parking Features
1 Car Garage: 1
Detached Garage: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Miscellaneous
Basement: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Alternate Uses
Office: 1
Residential: 1
Rooming House: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Hot Water: 1
New Financing
Conventional: 1
FHA: 1
Air Conditioning
Window Unit(s): 1
Owner Pays
Electric: 1
Sewer: 1
Trash: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 299999
List Price: $289,999
Property Sub Type: Duplex
Street #: 511
Street PreDirection: E
Street Name: 5th
Street Suffix: Street
County: Union
State: OH
Zip Code: 43040
Subdiv/Cmplx/Comm: Timber Trail Estates
School District: MARYSVILLE EVSD 8002 UNI CO.
Township: Paris
OfficeContract Info
Status: Contingent
MLS Entry Date: 2026-03-12
Property Features
Addl Acceptance Cond: None Known
Parking Features: 1 Car Garage; Detached Garage
Owner Pays: Electric; Sewer; Trash; Water
Tenant Pays: Gas
Heat Fuel: Electric; Gas
Heating: Hot Water
Air Conditioning: Window Unit(s)
Construction: Aluminum
Water Source: Public
Sewer: Public Sewer
Miscellaneous: Basement; W/D Hookups
Alternate Uses: Office; Residential; Rooming House
New Financing: Conventional; FHA
MLS Primary PhotoSrc: Realtor Provided
Lead-Based Paint Form 
Listing Office: Bell Hankins Realty Group, LLC
Listing Agent: Stanleigh Penhorwood
Last Updated: April - 24 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.